UK's RS Group falls on lower annual revenue forecast

RS

25/03/2026 08:53

** Shares of industrial and electronic components provider RS Group RS1R.L down 3.67% at 565p

** RS1R expects FY 2026 like-for-like revenue to decline about 0.6% due to tough market conditions, primarily in Mexico, from 2.90 billion pounds ($3.89 billion) a year ago

** Analysts expect co to report FY26 revenue of 2.92 billion pounds, according to company-compiled consensus

** YTD, stock down about 10%

($1 = 0.7457 pounds)

 (Reporting by Megha Anilkumar Nair)

 ((MeghaAnilkumar.Nair@thomsonreuters.com;))