Rexel

Rexel disclose its 2nd quarter sales & first-half 2021 results.

➡️ https://link.rexel.com/4ys

➡️Same day sales growth up +32.3% in Q2, accelerating after an already robust Q1.
➡️H1 Adj. EBITA margin at 5.6%, driven by sales growth and digital transformation.
➡️Recently upgraded FY 21 guidance conf irmed thanks to robust growth drivers.

Patrick BERARD, Chief Executive Officer, said:
“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. This allows us to fully capture the incipient recovery and adapt to the current environment, marked by price in creases and growing product scarcity. Rexel’s journey since 2017 has resulted in a stronger and more digital business model, for the
benefit of all its stakeholders. With Rexel well positioned to continue its growth trajectory, I am pleased to pass on the baton to Guillaume Texier on September 1 to execute the strategic plan presented at our last Capital Market Day, which aims to deliver a historically high level in terms of sales and profitability by continuously improving customer service."