Rexel : Ajustement de nos recommandations
Rexel a publié ses résultats semestriels il y a quelques jours et indiqué que sa croissance organique et marge d’EBITA ajustée se situeraient en bas de fourchettes précédemment annoncées, dans un contexte économique toujours morose. La génération de free cash-flow reste en revanche très solide et nous estimons que le levier restera inférieur à la limite de 2x fixée dans le cadre la politique financière (et compatible avec le rating Ba1/BB+). Nous conservons un avis crédit stable ...Rexel distributes low and ultra-low voltage electrical products to contractors, industrial and commercial customers (industrial and commercial companies, municipalities, public entities, parts manufacturers and panel builders). Its products are used for new installations, or maintenance & repair of existing installations. Its products covers Electrical Installation Equipment, Conduits and Cables, Lighting, Security & Communication, Climate Control, Tools, White & Brown Products. Co. also offers services to its customers, such as logistics & distribution, technical assistance & training. Co. operates mainly in four geographical areas: Europe, North America, Asia-Pacific and Latin America.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.