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(Sharecast News) - RS Group shares fell on Wednesday even as the distributor said it expected annual adjusted operating profit to be slightly ahead of estimates after a 1% rise in fourth-quarter like-for-like revenue despite weak electronics sales.
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(Alliance News) - RS Group PLC on Tuesday named Simon Pryce as its new chief executive officer, with effect from April 3.
Read more(Sharecast News) - Industrial and electronics products distributor RS Group has tapped former Ultra Electronics boss Simon Pryce to take over as chief executive.
Read more(Sharecast News) - Morgan Stanley initiated coverage of industrial and electric components distributor RS Group on Thursday with an 'equalweight' rating and 950p price target as is pointed to a strong track record of organic growth, improving margins and return on invested capital.
Read more(Alliance News) - RS Group PLC on Tuesday said it expects its annual outturn to be at the top end of consensus, as the industrial and electronic product provider shakes off a "tougher economic backdrop and strong comparatives".
Read more(Sharecast News) - RS Group said it expected full year profit to be towards the top end of consensus estimates after third quarter revenues grew 8% despite a tough economic backdrop.
Read more(Alliance News) - RS Group PLC on Wednesday announced it completed the acquisition of Risoul y Cia SA de CV, which RS in August said was for a cash consideration of USD275 million on a cash-free and debt-free basis.
Read more(Alliance News) - RS Group PLC on Friday said that its chief executive officer resigned with immediate effect, while the chief financial officer will continue as acting CEO.
Read more(Sharecast News) - RS Group said Lindsley Ruth was stepping down as chief executive with immediate effect for personal reasons.
Read more(Sharecast News) - JPMorgan Cazenove downgraded RS Group on Monday to 'underweight' from 'neutral' and cut the price target 820p from 1,050p following the company's first-half results last week.
Read more(Alliance News) - RS Group PLC on Thursday said its Chief Executive Officer Lindsley Ruth will take a leave of absence due to "personal reasons" with immediate effect, and reported "strong" first half performance.
Read more(Sharecast News) - RS Group - formerly Electrocomponents - tumbled on Thursday as it announced that chief executive officer Lindsley Ruth will take a leave of absence with immediate effect for personal reasons.
Read more(Alliance News) - RS Group PLC on Thursday hailed its half-year performance, and now expects an outperformance for profit and revenue in its full year.
Read more(Sharecast News) - RS Group - formerly Electrocomponents - said on Thursday that full-year revenue and adjusted pre-tax profit were set to be "slightly ahead" of current consensus estimates following strong trading year to date.
Read more(Sharecast News) - RS Group - formerly Electrocomponents - surged on Monday after The Times reported over the weekend that it could be the subject of a takeover bid.
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