RS Group revenues slipped 1% to £2.88 billion in its 2025/26 financial year. Pre-tax profit rose 7% to £220 million.
“Revenue was broadly flat in challenging markets, but we gained share with most major suppliers and saw stronger momentum in the second half, particularly in Asia Pacific and US & Canada, with EMEA also returning to growth,” commented Simon Pryce, CEO, RS Group.
The company says it is building momentum in all regions, with good growth in Asia Pacific and US & Canada, EMEA returning to growth in the second half, while warning of short-term challenges in Mexico.
EMEA revenues slipped 1% like for like. Highlights were own-brand RS Pro revenues advancing 4%, and services and solutions revenues rising 7%. The integration of Netherlands-based Distrelec, acquired in July 2023, is now largely complete and delivering £40 million of synergy benefits, ahead of plan, says RS.
In the Americas, the US and Canada, which represent 73% of the region’s revenue, reported like-for-like revenues down 2%. Second-half momentum saw sales rise 3%. RS Pro revenues soared 20%, and eProcurement revenues rose 12%.
In the Asia/Pacific region like-for-like revenues climbed 5%. RS reported growth in all markets. RS Pro revenues were up 8% like for like.
Pryce described the Group’s performance as another year of strong execution of our multi-year plan to improve the business and deliver on the significant value creation opportunity at RS.
Said Pryce, “Our growth accelerators outperformed the wider Group, and good price discipline led to improved gross margin. Better execution, cost discipline, and cash focus also supported operating profit and cash conversion ahead of expectations.
A number of our investments in customer-facing data, systems and processes are now moving into activation, positioning the business for accelerated growth, supported by ongoing investment in people, customer experience, supply chain efficiency and operational excellence.”
“We made good progress in 2025/26, and PMIs1 are trending positively. With our ongoing investment and greater agility, we see improving momentum into 2026/27, and most of our major markets are now back into low single-digit growth,” said Pryce.
We remain mindful of geopolitical and economic developments and conflicts in the Middle East and Ukraine and the potential impact they might have on global supply chains, industrial production and customer behaviour.
However, the investments we are making are delivering tangible benefits, strengthening our proposition and positioning us well to capture growth and further increase market share as end-markets recover.”
