Electrocomponents : Results for the half year ended 30 September 2020 (Presentation)
November 10, 2020 at 05:29 am EST
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ELECTROCOMPONENTS
2021 half-year financial results
10 November 2020
SAFE HARBOUR
This presentation contains certain statements, statistics and projections that are or may be forward-looking. The accuracy and completeness of all such statements, including, without limitation, statements regarding the future financial position, strategy, projected costs, plans and objectives for the management of future operations of Electrocomponents plc and its subsidiaries is not warranted or guaranteed. These statements typically contain words such as "intends", "expects", "anticipates", "estimates" and words of similar import. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. Although Electrocomponents plc believes that the expectations reflected in such statements are reasonable, no assurance can be given that such expectations will prove to be correct. There are a number of factors, which may be beyond the control of Electrocomponents plc, which could cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements. Other than as required by applicable law or the applicable rules of any exchange on which our securities may be listed, Electrocomponents plc has no intention or obligation to update forward-looking statements contained herein.
2021 Half-year Results
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INTRODUCTION AND OVERVIEW
Lindsley Ruth - CEO
2021 Half-year Results
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KEY MESSAGES
Repositioning our business over the past five years has created the resilience evident in H1
Differentiated offer: omni-channel,value-added solutions, own-brand range, customer service
COVID-19 has fast tracked market trends towards our proposition
RISE will make us a leaner, more agile and more responsive business
Our financial strength allows us to resume our dividend policy
We are well positioned to pursue future growth opportunities
2021 Half-year Results
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Electrocomponents plc published this content on 10 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2020 10:28:01 UTC
RS Group plc is the world's leading distributor of electronic and industrial products to the original equipment manufacturing, business and financial services, electronics, process manufacturing, transportation, defense, energy and utilities sectors. Net sales break down by family of products and services as follows:
- industrial automation and control products (39%);
- maintenance and repair services (24%);
- electronic products and components (23%): semiconductors, electromechanical products, interconnection products, etc.;
- mechanical and hydraulic power systems (5%);
- safety and protection equipment and tools (4%);
- single-board IT products (1%);
- other (4%).
Net sales are distributed geographically as follows: Europe/Middle East/Africa (59.3%), Americas (31.7%) and Asia-Pacific (9%).