RS Group plc (RS1) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everybody and welcome to the RS full year results presentation for the 12 month period ended 31st of March 2025. Thank you for joining us here today. Thank you for joining us online and thank you all for your continuing interest in the RS group. I'm pleased to report that 12 months into our quite ambitious multi-year plan to enhance and improve RS, we're making really good underlying progress in all areas of our business. And we'll highlight that as we go through the course of the presentation today. Although the unwinding of post-pandemic trading benefits and the challenging macro environment continues to impact our financials and to slightly mask the sustainable and underlying improvements that are going on and are in train across the group. However, by focusing on the things that we can influence and executing well to our plan, we are now in much more control of our own destiny as we continue to position ourselves effectively for the acceleration as markets recover and we return to more sustained growth. And so on to the presentation itself. I'm going to share some detail on what we've done this year. Kate will then take us through how this has been reflected in our numbers and our regional performance. And then I'll wrap up by sharing what we're focusing on going into 2026. And our presentation should take around 35 minutes, but we'll leave plenty of time for questions at the end and we'll aim to get you all away by 10 o'clock. Now, as you know, at RS, we like to start all meetings with a health and safety and values moment. And so first, I'd like to point out the fire exits to those that are here in the room, back corner. There are no planned fire alarms. So please, if you hear one, leave in an orderly fashion and follow the instructions of the fire...