rs group plc said thursday that its revenue performance over the first quarter of the new fiscal year has been strong and that it now expects to beat consensus estimates for both revenue and adjusted pretax profit the londonlisted industrial and electronics products distributorformerly known as electrocomponents plcsaid that it remains alert to the current macroeconomic environment and inflationary pressures likeforlike revenue for the first quarter of the year rose 18 with growth in all three regions rs said adding that it is growing profitable market share the company has provided a revenue consensus for the year ending march 31 of 274 billion pounds 327 billion and an adjusted pretax profit consensus of gbp3453 million this compares with revenue of gbp255 billion and adjusted pretax profit of gbp3138 million for fiscal 2022 we have transformed and strengthened our group significantly over recent years and our performance has demonstrated our ability to adapt quickly to external pressures turn challenges into opportunities and outperform chief executive lindsley ruth said we are confident we are well positioned to deliver continued profitable market share gains and attractive returns