The RS Group plc Board proposes a final dividend at 13.9p per share. This will be paid on 25 July 2025 to shareholders on the register on 13 June 2025. As a result, the total proposed dividend for 2024/25 will be 22.4p per share, representing an increase of 2% over the 2023/24 full-year dividend. Adjusted earnings dividend cover for 2024/25 is 1.7 times.
Other financial highlights include:
Revenue down 1% with 2% like-for-like decline, 2% acquisition benefit and 1% negative currency and trading days
Growth accelerators: like-for-like revenue +2% at RS PRO, +6% across services and solutions, 2% in digital
Gross margin flat as anticipated at 42.8%
Adjusted operating profit margin 9.4%, with cost inflation and organic investment partially offset by cost savings
Distrelec and Risoul integration benefit well ahead of plan
