RS Group Can Expect Downgrades on Revised Expectations -- Market Talk

Dow Jones

Jan 28

0954 GMT - RS Group can expect a consensus downgrade of around 5% to fiscal 2025 adjusted pretax profit after announcing it expected the metric to be at the bottom end of analysts' expectations of 247 million pounds to 274 million pounds, Shore Capital's Tom Fraine says. Fraine sees Amazon Business as a potential threat to the industrial and electronics products distributor's future market share gains given its scale and ability to deliver products very quickly. On one hand, the improvement in industrial maintenance, repair and operations products may be lengthening replacement cycles, creating a long-term headwind. However, Shore notes that RS Group's strong record of market share gains might have been enhanced by investments in digital capabilities. Shares are down 6% at 632.50 pence. (anthony.orunagoriainoff@dowjones.com)

(END) Dow Jones Newswires

January 28, 2025 04:54 ET (09:54 GMT)

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Fraine sees Amazon Business as a potential threat to the industrial and electronics products distributor's future market share gains given its scale and ability to deliver products very quickly. On one hand, the improvement in industrial maintenance, repair and operations products may be lengthening replacement cycles, creating a long-term headwind. However, Shore notes that RS Group's strong record of market share gains might have been enhanced by investments in digital capabilities. Shares are down 6% at 632.50 pence. (anthony.orunagoriainoff@dowjones.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 28, 2025 04:54 ET (09:54 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>RS Group Can Expect Downgrades on Revised Expectations -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRS Group Can Expect Downgrades on Revised Expectations -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-28 17:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0954 GMT - RS Group can expect a consensus downgrade of around 5% to fiscal 2025 adjusted pretax profit after announcing it expected the metric to be at the bottom end of analysts' expectations of 247 million pounds to 274 million pounds, Shore Capital's Tom Fraine says. Fraine sees Amazon Business as a potential threat to the industrial and electronics products distributor's future market share gains given its scale and ability to deliver products very quickly. On one hand, the improvement in industrial maintenance, repair and operations products may be lengthening replacement cycles, creating a long-term headwind. However, Shore notes that RS Group's strong record of market share gains might have been enhanced by investments in digital capabilities. Shares are down 6% at 632.50 pence. (anthony.orunagoriainoff@dowjones.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 28, 2025 04:54 ET (09:54 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RS","symbol_name":"Reliance Steel & Aluminum Co","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2506429595","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2506429595","pubTimestamp":1738058040,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Copyright (c) 2025 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"RS":"Reliance Steel & Aluminum Co"},"translate_title":"RS集团预计将因预期修正而下调评级——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RS":1},"content_text":"0954 GMT - RS Group can expect a consensus downgrade of around 5% to fiscal 2025 adjusted pretax profit after announcing it expected the metric to be at the bottom end of analysts' expectations of 247 million pounds to 274 million pounds, Shore Capital's Tom Fraine says. Fraine sees Amazon Business as a potential threat to the industrial and electronics products distributor's future market share gains given its scale and ability to deliver products very quickly. On one hand, the improvement in industrial maintenance, repair and operations products may be lengthening replacement cycles, creating a long-term headwind. However, Shore notes that RS Group's strong record of market share gains might have been enhanced by investments in digital capabilities. Shares are down 6% at 632.50 pence. (anthony.orunagoriainoff@dowjones.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 28, 2025 04:54 ET (09:54 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}