Fourth-Quarter Sales & Full-Year 2021 Results: Record Performance
“Rexel’s record results in 2021 attest to the success of our recent transformation. Our investments in people, digital, and logistics allowed us to fully capture the market recovery and to optimize our operations in an environment marked by increasing inflation and continued tensions in the supply chain. Our 5 acquisitions in 2021, most notably Mayer and a utility distribution business in Canada, representing more than €1bn in sales in a full year, are also contributing more than anticipated. These results are a testament to the exceptional commitment of our teams. Having reached our financial objectives ahead of plan and supported by strong underlying market trends towards more electrification and sustainability, we are ready to accelerate and will update our strategic roadmap in June, aiming to create even more value in a buoyant industry.”
Guillaume Texier, Chief Executive Officer of Rexel