Report
Anne-Barbara Nicco

Rexel : Confortablement installé en catégorie BB+

Rexel publiera son chiffre d’affaires T1 jeudi 20 avril. Il devrait rester favorablement orienté, soutenu par les activités d’électrification et un pricing qui devrait rester positif. Sur le plan financier, si le groupe a quasiment achevé son programme de cessions et dispose encore d’une marge de manœuvre dans la poursuite de ses acquisitions, son engagement de ne pas dépasser un levier de 2x (conforme aux ratings Ba1/BB+, récemment upgradés) et l’absence de besoins de refinancem...
Underlying
Rexel SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Anne-Barbara Nicco

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