rs group said tuesday that fiscal 2023 pretax profit and revenue rose on operational initiatives product mix inventory availability and strong pricing and backed market expectations for fiscal 2024 profit albeit weighted to the second half the londonlisted industrial and electronics products distributor said that for the year ended march 31 pretax profit was 3715 million pounds 4621 million compared with gbp3022 million a year earlier revenue for the period was gbp298 billion compared with gbp255 billion in fiscal 2022 after the company delivered strong product growth in its industrial product ranges in all three regions the company declared an increased final dividend of 137 pence bringing the fullyear dividend up to 209 pence a share from 180 pence a year earlier rs said it continues to outperform in the industrial market particularly in the europe middle east and africa region though performance over early fiscal 2024 reflects a slowing in industrial growth and continued weakness an aggressive competition in electronics despite the more uncertain economic environment the company said it is comfortable with market views for fiscal 2024 it provided market views as being revenue of gbp312 billion adjusted operating profit of gbp390 million and adjusted pretax profit of gbp379 million