{"id":8403,"date":"2023-04-05T04:27:23","date_gmt":"2023-04-05T04:27:23","guid":{"rendered":"https:\/\/www.emr-online.com\/?p=8403"},"modified":"2023-04-06T04:35:31","modified_gmt":"2023-04-06T04:35:31","slug":"rs-group-rs-group-plc-issues-a-trading-update-for-the-fourth-quarter-ended-31-march-2023-ahead-of-publishing-full-year-results-on-23-may-2023","status":"publish","type":"post","link":"https:\/\/www.emr-online.com\/rs-group-rs-group-plc-issues-a-trading-update-for-the-fourth-quarter-ended-31-march-2023-ahead-of-publishing-full-year-results-on-23-may-2023\/","title":{"rendered":"RS Group – RS Group plc issues a trading update for the fourth quarter ended 31 March 2023 ahead of publishing full-year results on 23 May 2023"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]<\/p>\n

\"\"CONTINUED PROFITABLE GROWTH<\/strong><\/h4>\n

 <\/p>\n

DAVID EGAN, CHIEF FINANCIAL OFFICER, COMMENTED:<\/strong>\u00a0“Effective execution and the ongoing hard work, enthusiasm and passion of our people has led to a very strong performance in 2022\/23 and we anticipate full year adjusted operating profit to be slightly ahead of consensus expectations1<\/sup>. While revenue momentum has slowed in the fourth quarter against tough comparatives, we continue to drive profitable growth, manage our costs appropriately and invest where we can generate the greatest value.”<\/p><\/blockquote>\n

 <\/p>\n

SIMON PRYCE, CHIEF EXECUTIVE OFFICER, COMMENTED:<\/strong>\u00a0“I\u2019m excited to be joining RS at a time when we have so much potential and the strategy, people and resources to realise it. We enter 2023\/24 with a strong pipeline of potential acquisition opportunities and confident in our ability to outperform even in a more difficult economic environment as we invest further to expand our solutions offer, broaden our product range, improve our digital experience and extend our technical customer service and support.”<\/p><\/blockquote>\n

 <\/p>\n

<\/figure>\n

 <\/p>\n

Q4 trading remains solid with our industrial customers reflecting the strength of our core proposition<\/strong><\/p>\n