* Subject to customary closing conditions, including German, Austrian and Italian regulatory clearances
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Disclaimer
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 RS Group 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 RS Group 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 RS Group 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, RS Group plc has no intention or obligation to update forward-looking statements contained herein.
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Distrelec meets all our criteria…
…and is in our strategic sweet spot
* Subject to customary closing conditions, including German, Austrian and Italian regulatory clearances
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High-service,
digital-led
Distrelec is an exciting opportunity…
distributor of
industrial and MRO1 products in Europe2
€270m
Revenue3
€34m
Significantly expands our European2 presence
Strong
combination
potential
Material cost synergies and revenue growth opportunity
EBIT3
Maintenance, repair and operations
Excluding UK
Year ended 31 December 2022
…to accelerate value creation
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4
Increased presence…
Large and attractive markets
Europe is a large and attractive market for industrial MRO
RS Group plc published this content on 27 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2023 06:57:05 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%).