11.07.2024 08:25:03 - dpa-AFX: RS Group: Q1 Trading In Line With Expectations
LONDON (dpa-AFX) - RS Group plc issued a trading update for the three months
ended 30 June 2024. The Group said its trading in the first quarter was in line
with expectations. Group revenue grew 3% over the same period in the prior year
and declined by 3% on a like-for-like basis. In EMEA, like-for-like revenue
declined 3%. Like-for-like revenue in Americas declined by 3%. Like-for-like
revenue was down 3% in Asia Pacific.
The Group stated that it is progressing well with cost savings programme, the
integration of acquisitions, and investment in operational efficiencies and
system enhancements.
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