Simon Pryce
CEO & Executive Director

So good morning, everybody. Welcome to the RS Group Preliminary Results Presentation for the year ended 31st of March 2026, which was a year for us of good progress and building momentum. Thanks for joining us here today at the Teneo offices and thank you for your continuing interest in RS.

Our presentation should take about 30 minutes today, and we'll leave some time at the end for questions, but we'll try and make sure everybody gets away by no later than 10:00. The presentation materials are already available on our website. There are some hard copies in the room and a recording of this presentation, and the Q&A will be available on that website later today.

But before we start, we always begin our meetings at RS with a health and safety moment. So, there are no planned fire drills today. The fire exit is through the door on my right. Don't take the lift, take the stairs to the left of the list and assemble outside the building. At RS, we also start each of our meetings with a values moment. And I'd just like to take this opportunity to call out that as one team delivering brilliantly, doing the right thing and making every day better, recognizing the efforts of our RS colleagues across the world who, for the last 2 weeks, have taken part in an Active for Change Challenge. And in