Published by Global Banking & Finance Review®
Posted on March 25, 2026
1 min readLast updated: March 25, 2026
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RS Group forecasts full‑year adjusted pretax profit slightly above analysts’ expectations (around £242 m consensus), while revenue came in lower than anticipated amid macroeconomic challenges, with disciplined cost savings cushioning performance.
March 25 (Reuters) - Industrial and electronic components provider RS Group warned on Wednesday of lower annual like-for-like revenues due to tough market conditions, primarily in Mexico, amid tariff-related concerns.
The distributor and solutions provider for industrial and electric equipment said it expects its Americas revenue to decline in the second half, as tariff-driven fears continue to constrict market conditions in Mexico.
It expects a 0.6% drop in LFL revenue growth for the year ending March 31, from 2.90 billion pounds ($3.88 billion) it made a year ago.
Analysts expect the firm to log an annual revenue of 2.92 billion pounds, according to a company-compiled consensus
The firm, however, expects adjusted pretax profit marginally ahead of average market expectations of 241 million pounds, helped by a strict cost discipline.
($1 = 0.7469 pounds)
(Reporting by Nithyashree R B and Prerna Bedi in Bengaluru; Editing by Sonia Cheema and Rashmi Aich)
The article cites lower-than-expected revenue for RS Group, though specific reasons are not detailed.
Strict cost discipline largely helped RS Group forecast profits ahead of market view.
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