Rexel : An attractive window for a new issue
Publication date 21/02/2020 08:22 - Writing date 21/02/2020 08:20 - Equity data - Reco : NEUTRAL - Target : 12 EUR - Equity Analyst: Alfred Glaser - - +33 (0)1 44 51 88 93 - ESG Analyst: - - Corporate Governance: Strong opportunity (1) - / - / - 23/04/2020 : Q1 sales - - / - - - - - - - - - - - - - - - - - - Rexel's full year 2019 results, released last week, were warmly welcomed by investors who were reassured by the fact that the adjusted EBITA margin target was met de...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.
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