Q3 2026 sales

5 minutes

October 22, 2026

▶ Double-digit sales growth in Q3, highest rate since 2022
▶ Sequential acceleration driven by US high-growth segments
▶ 2026 guidance raised for the second time

Q3 2026 sales of €5,453m, up +11.4% on a same-day basis

  • Significant sequential acceleration driven by North America, notably the US
  • US boosted by high-growth segments with a significant contribution from data centers
  • Well-balanced contribution between volumes & prices
  • Continued positive trends in Europe, fueled by our good positioning in energy transition

Agreement signed for the acquisition of GCG in the US, the largest acquisition in more than 15 years and the fourth in North America in 2026, further reinforcing Rexel’s profile

  • Financing of the transaction supported by the successful completion of a €500 million capital increase
  • Closing expected by year-end

2026 outlook raised for the second time:

Same-day sales growth up c.7% (vs c.5% previously), current adjusted EBITA margin of at least 6.4% (vs at least 6.2%) and free cash flow conversion above 65%

 

Key figures (€m) Q3 2026 YoY change 9m 2026 YoY change
Sales on a reported basis 5,452.9 +14.6% 15,441.8 +6.2%
On a constant and actual-day basis +12.0%  +7.2% 
On a constant and same-day basis +11.4%  +7.3% 
Same-day sales growth by geography
North America 2,756.8 +17.4%  7,316.4 +10.6% 
Europe 2,348.4 +4.5%  7,151.3 +3.2% 
Asia-Pacific 347.6 +15.8%  974.2 +14.9% 

 

Rexel achieved its best quarterly sales performance since 2022, confirming the acceleration of our growth trajectory. This performance was led by the United States, where our exposure to data centers and other attractive verticals, combined with our increasingly differentiated value proposition, enabled us to capture particularly strong demand. Europe and Asia-Pacific also maintained positive momentum, demonstrating the resilience and diversification of our portfolio. These results illustrate how our strategic repositioning toward high-growth segments and value-added services is transforming Rexel's business model and raising its visibility. The acquisitions completed and announced in 2026, including GCG, will further accelerate our transformation. This very strong performance leads us to raise our full-year 2026 guidance for the second time and reinforces our confidence in our ability to sustain profitable growth and continue creating value through the execution of our Axelerate 2028 roadmap.

Guillaume Texier

Chief Executive Officer

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