RS Group plc (LSE:RS1) is looking for inorganic opportunities. David Egan, Chief Financial Officer said, "our gross margin improved, benefiting from one-off price inflation gains, which we expect to unwind somewhat in Fiscal Year '24 and our margin optimization work. Additionally, we have maintained tight cost control and more targeted operational investment whilst not short-terming the business.

This is partially offsetting inflationary pressures, and we have a strong pipeline of inorganic opportunities, which we continue to pursue but apply strong disciplines".