Rexel benefited in the third quarter from solid underlying markets as well as accelerating demand for electrification, driven by the high price of energy, especially in Europe…
Rexel again posted record results in H1 2022, demonstrating the robustness of our business model in an environment still marked by solid demand…
Rexel’s strong start to the year demonstrates that we continue to benefit from solid underlying demand and electrification trends, which should accelerate in the current environment.
Record performance and growth rate with €14.7bn in 2021 sales, up +15.6% on a constant and same-day basis.
Rexel is today providing a trading update on its outlook for full-year 2021. Better-than-expected business activity in Q4 21, combined with Rexel’s strong focus on gross margin and cost discipline.
With a solid third quarter performance, Rexel grew above its pre crisis levels for the third consecutive quarter, demonstrating its ability to capture demand in renovation markets, electrification and the energy transition.
After having demonstrated our resilience during the acid test of the pandemic, our H1 results confirm that the profound transformation initiated five years ago has made Rexel a more agile company.