- CEO
- Simon Charles Conrad Pryce
- Full Time Employees
- 8,500
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- Fifth Floor London GL United Kingdom N1C 4AG
- IPO Date
- Jan 2, 1986
- Business
- RS Group plc is a global omni-channel provider of industrial and electronic products and services aimed at designers, builders, and maintainers of industrial equipment and operations. The company offers an extensive product portfolio including technical and specialist product ranges such as electronic components, electrical parts, automation and control equipment, mechanical and fluid power products, personal protective equipment (PPE) and site safety products, as well as RS PRO, its own-brand product range. RS Group supports its customers with services including digital platforms, procurement and inventory outsourcing (RS Integrated Supply), and innovative solutions, focusing on providing value through technical expertise and a wide product offer.
Founded in 1937 and headquartered in London, UK, RS Group operates globally with a strong presence in the Americas, Europe, and Asia Pacific regions. The company has recently intensified its focus on expanding technical product offerings and improving supply chain sustainability and responsiveness, including increasing local sourcing and stocking mainly in Asia Pacific to enhance delivery times and reduce carbon footprint. RS Group has launched a new product management solution that significantly increases the speed and scale of new product introductions, tripling the number of products onboarded annually. Furthermore, it has enhanced its Better World product range, which offers greener alternatives as part of its sustainability goals. Recent efforts include a strategic multi-year action plan aimed at operational efficiency, cost savings exceeding £30 million, and disciplined acquisitions to drive growth and expand market presence.
The company continues to transition from purely product supply to integrated solutions, emphasizing the value generated by digital and data-driven services, which now account for a growing share of revenue. RS PRO, the own-brand range, contributes around 14% of Group revenues and continues to grow with an increased focus on technical and resilient product categories. RS Group maintains a strong balance sheet supporting further strategic investments and acquisitions to enhance its product specialization, distribution efficiency, and service portfolio, aiming to deliver sustainable revenue growth and mid-teen adjusted operating margins in the medium term. The company also prioritizes ESG initiatives aligned with its strategic goals including advancing sustainability, empowering people, supporting communities, and responsible business conduct.