Feb 6 (Reuters) - Electrocomponents PLC ::ELECTROCOMPONENTS - TRADING STATEMENT.ELECTROCOMPONENTS PLC - LIKE-FOR-LIKE GROUP REVENUE GROWTH OF 6% FOR FOUR-MONTH PERIOD TO 31 JANUARY 2019.ELECTROCOMPONENTS PLC - ALL THREE REGIONS - EMEA, AMERICAS AND ASIA PACIFIC - SAW POSITIVE REVENUE TRENDS IN 4 MONTH PERIOD.ELECTROCOMPONENTS PLC - RS PRO, OUR OWN-BRAND RANGE, CONTINUED TO OUTPERFORM GROUP GROWTH RATE WITH 10% LIKE-FOR-LIKE GROWTH FOR 4 MONTHS.ELECTROCOMPONENTS PLC - CONTINUE TO EXPECT STABLE GROSS MARGIN IN OUR BASE BUSINESS FOR FULL YEAR TO 31 MARCH 2019.ELECTROCOMPONENTS PLC - ON TRACK TO DELIVER £4 MILLION OF SAVINGS THIS FINANCIAL YEAR.ELECTROCOMPONENTS PLC - DIGITAL REVENUE SAW 8% LIKE-FOR-LIKE REVENUE GROWTH FOR 4 MONTHS ENDED JAN 31.
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Nov 20 (Reuters) - Electrocomponents PLC ::HY REVENUE £911.8M VERSUS £823.8M.HY ADJUSTED OPERATING PROFIT £104.0M VERSUS £81.2M.HY LIKE-FOR-LIKE REVENUE GROWTH OF 9.8%.HY GROSS MARGIN ROSE 1.0 PERCENTAGE POINT TO 44.4%.HAVE SEEN A GOOD START TO SECOND HALF OF YEAR WITH AROUND 7% LIKE-FOR-LIKE REVENUE GROWTH IN FIRST SEVEN WEEKS OF H2.EXTERNAL ENVIRONMENT IN SOME OF OUR KEY MARKETS IS UNCERTAIN.ON TRACK TO DELIVER COST SAVINGS.DURING SECOND HALF, PLANNING TO INVEST AROUND £30 MILLION IN ADDITIONAL INVENTORY IN FAST-MOVING PRODUCT LINES.PLANNING TO INVEST IN ADDITIONAL INVENTORY TO HELP PROTECT SERVICE LEVELS IN EVENT OF ANY POTENTIAL DISRUPTION AROUND UK'S EXIT FROM EU.EXPECT TO BE A SHORT-TERM INVESTMENT IN FAST-MOVING INVENTORY, SCALE OF WHICH WE MAY REVIEW AS SITUATION BECOMES CLEARER.OVER TIME, WOULD EXPECT TO SEE INVENTORY LEVELS RETURN TO A MORE NORMALISED LEVEL.IMPLEMENT MITIGATING ACTIONS TO ENSURE CO IS PREPARED FOR A UK EXIT FROM EU WITHOUT A FINAL WITHDRAWAL AGREEMENT.APPLIED FOR AUTHORISED ECONOMIC OPERATOR ACCREDITATION TO ENSURE SHIPMENTS PASS ACROSS UK/EU BORDER WITH REDUCED PHYSICAL CHECKS.WOULD LOOK TO SEEK TO SOURCE AND HOLD AS MUCH INVENTORY AS FEASIBLE DIRECTLY WITHIN CONTINENTAL EUROPE NETWORK.TO REDUCE ANY POTENTIAL INCREASE IN ADMINISTRATIVE BURDEN, CO INTRODUCING AN ELECTRONIC TRADING SYSTEM AHEAD OF MARCH 2019.
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Oct 4 (Reuters) - Electrocomponents Plc ::TRADING UPDATE.LIKE-FOR-LIKE REVENUE GROWTH REMAINED STRONG AT 10 PCT IN Q2 LEADING TO H1 LIKE-FOR-LIKE REVENUE GROWTH OF 10 PCT.SEEING SOME YEAR-ON-YEAR IMPROVEMENT IN H1 BUT FACE TOUGHER GROSS MARGIN COMPARATIVES IN H2.REMAIN ON TRACK TO DELIVER STABLE GROSS MARGINS IN OUR BASE BUSINESS FOR FULL YEAR.REMAIN ON TRACK TO DELIVER 4 MILLION POUNDS OF COST SAVINGS IN CURRENT FINANCIAL YEAR.GIVEN GOOD PROGRESS TO DATE, WE EXPECT HALF-YEAR ADJUSTED PROFIT BEFORE TAX TO BE AROUND 100 MILLION POUNDS (H1 2018: 79.0 MILLION POUNDS).WE PLAN TO INVEST IN ASIA PACIFIC IN BOTH DIGITAL AND CUSTOMER ACQUISITION.INVESTING TO FURTHER DEVELOP OUR CAPABILITIES IN ELECTRONICS AND SINGLE BOARD COMPUTING.
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July 5 (Reuters) - Electrocomponents PLC ::Q1 LIKE-FOR-LIKE REVENUE GROWTH REMAINED STRONG AT 10%.DIGITAL REVENUE GREW BROADLY IN LINE WITH GROUP OVERALL WITH LIKE-FOR-LIKE REVENUE GROWTH OF 9% DURING QUARTER.Q1 TRADING IS IN LINE WITH EXPECTATIONS.RS PRO, OUR OWN-BRAND BUSINESS OUTPERFORMED UNDERLYING GROUP WITH LIKE-FOR-LIKE REVENUE GROWTH OF 11% IN QUARTER.REMAIN CONFIDENT OF DELIVERING STABLE GROSS MARGIN IN CO'S BASE BUSINESS FOR YEAR.
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April 5 (Reuters) - Electrocomponents PLC ::FY GROUP REVENUE GROWTH OF 13 PERCENT VERSUS 5 PERCENT YEAR AGO.FY TOTAL EUROPE REVENUE GROWTH OF 11 PERCENT VERSUS 4 PERCENT YEAR AGO.COMPLETED FIRST PHASE OF PERFORMANCE IMPROVEMENT PLAN AND DELIVERED CUMULATIVE ANNUALISED SAVINGS OF £30 MILLION.FY AMERICAS REVENUE GROWTH OF 14 PERCENT.EXPECT RESULTS FOR YEAR ENDED 31 MARCH 2018 TO BE AHEAD OF OUR PREVIOUS EXPECTATIONS.SEES FY ADJUSTED PROFIT BEFORE TAX SLIGHTLY AHEAD OF TOP END OF MARKET CONSENSUS RANGE.Q4 LIKE-FOR-LIKE REVENUE GROWTH REMAINED STRONG AT 10% LEADING TO 13% REVENUE GROWTH FOR FULL YEAR.
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Feb 5 (Reuters) - Electrocomponents Plc ::IN FOUR MONTHS TO 31 JANUARY 2018, GROUP UNDERLYING REVENUE GROWTH REMAINED STRONG AT 14 PERCENT.REMAIN ON TRACK TO DELIVER STABLE GROSS MARGIN FOR FULL YEAR TO MARCH 2018.
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Jan 3 (Reuters) - Electrocomponents Plc ::FOR YEAR TO 31 MARCH 2018 WE CURRENTLY ANTICIPATE THAT ANNOUNCED US TAX CHANGES WILL HAVE MINIMAL IMPACT ON GROUP EFFECTIVE TAX RATE.EXPECT THAT U.S. TAX CHANGES WILL RESULT IN A NON-CASH EXCEPTIONAL TAX CREDIT AS A RESULT OF REVALUATION OF DEFERRED TAX BALANCES.FOR YEAR TO MARCH 2019 WE CURRENTLY ANTICIPATE THAT CHANGES WILL REDUCE GROUP EFFECTIVE TAX RATE PERCENTAGE TO MID-TWENTIES.
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Nov 14 (Reuters) - ELECTROCOMPONENTS PLC ::H1 PRETAX PROFIT 75.7 MILLION STG.INTERIM DIVIDEND UP 5 PERCENT TO 5.25 PENCEPER SHARE.H1 REVENUE 823.8 MILLION STG VERSUS 706.3 MILLION STG YEAR AGO.H1 GROSS MARGIN 43.4 PERCENT VERSUS 42.8 PERCENT YEAR AGO.ON TRACK TO DELIVER £30 MILLION OF CUMULATIVE ANNUALISED COST SAVINGS BY MARCH 2018.
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May 23 (Reuters) - Electrocomponents Plc ::FY revenue 1.51 billion stg versus 1.29 billion stg year ago.FY headline EPS 21 pence versus 12.6 pence year ago.FY pretax profit rose 264.2 percent to 127.1 million stg.FY headline profit before tax 128 million stg versus 76.8 million stg year ago.FY dividend 12.3 pence versus 11.75 pence year ago.Final dividend 7.3 penceper share.
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