RS Group (LON:RS1) Posts Quarterly Earnings Results

Posted by on May 20th, 2026

RS Group (LON:RS1 – Get Free Report) released its earnings results on Wednesday. The company reported GBX 38.70 EPS for the quarter, Digital Look Earnings reports. RS Group had a net margin of 5.49% and a return on equity of 11.47%. The company had revenue of GBX 288.11 billion during the quarter.

Here are the key takeaways from RS Group’s conference call:

  • RS Group delivered a resilient FY2026 performance with revenue flat on a like-for-like basis after adjusting for FX and trading days, while pricing discipline helped keep operating margins stable despite slightly lower volumes.
  • Momentum improved in the second half, with EMEA returning to growth and continued growth in North America and APAC; management highlighted better sentiment and performance into Q4 and signs of a potential tailwind from improving PMIs.
  • Cash generation remained strong, with cash conversion at 109%, net debt down to GBP 329 million, and ROCE stable at 15%, supporting a 2% increase in the final dividend and a new GBP 100 million share buyback.
  • Strategic investments are beginning to pay off, especially in customer data, digital commerce, product management, and supply chain efficiency, with RS PRO, solutions/services, and corporate customer growth all outperforming the wider group.
  • Management expects further investment in FY2027 in technology, process harmonization, and operational excellence, while warning that cost inflation, Mexico-related headwinds, and ongoing macro/geopolitical uncertainty could pressure results even as the company targets higher medium-term growth and margins.

RS Group Stock Up 14.4%

Shares of LON RS1 opened at GBX 687 on Wednesday. The company has a quick ratio of 1.24, a current ratio of 1.94 and a debt-to-equity ratio of 39.74. RS Group has a 52 week low of GBX 536.90 and a 52 week high of GBX 821.71. The firm has a 50-day moving average price of GBX 597.51 and a 200 day moving average price of GBX 622.33. The stock has a market capitalization of £3.22 billion, a price-to-earnings ratio of 20.33, a price-to-earnings-growth ratio of 1.85 and a beta of 0.80.

Analysts Set New Price Targets

Several analysts have recently commented on RS1 shares. UBS Group restated a “neutral” rating and issued a GBX 620 target price on shares of RS Group in a research note on Monday. Stifel Nicolaus restated a “buy” rating and issued a GBX 700 target price on shares of RS Group in a research note on Thursday, March 26th. Finally, Royal Bank Of Canada reduced their target price on shares of RS Group from GBX 810 to GBX 770 and set an “outperform” rating for the company in a research note on Monday, March 30th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 693.33.

Read Our Latest Research Report on RS1

About RS Group

(Get Free Report)

RS Group plc is a global product and service solutions provider for industrial customers, enabling them to operate efficiently and sustainably.

We operate in 36 markets, stock over 800,000 technical and specialist products and list an additional five million relevant for our industrial customers, sourced from over 2,500 suppliers. This extensive range supports our customers across the industrial lifecycle of designing, building, and maintaining equipment and operations. We enhance their experience through a tailored service model, leveraging our efficient physical, digital and process infrastructure sustainably.

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