Report
Delphine Brault

Rexel : Nous relevons nos prévisions : un travail efficace sur les coûts et le cash-flow. Nous gardons notre opinion Neutre

>Nous ajustons nos prévisions à la hausse - Nous avons retravaillé nos prévisions en améliorant principalement les marges et le FCF. Pour le CA, nous tablons désormais sur une évolution organique de -7.3% en 2020 (vs -7.6% auparavant) puis de +6.7% en 2021 (vs 5.0%, yc effet cuivre plus favorable). Par région et pour 2020, nous prévoyons pour l’Europe -4.7%, l’Amérique du Nord -12.7% et l’Asie-Pacifique à -0.6%. Au T4 2020, nous attendons -4.0% (Europe : -1% ; Amériqu...
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
Delphine Brault

Other Reports on these Companies
Other Reports from Oddo BHF
Olfa Taamallah ... (+2)
  • Olfa Taamallah
  • Yan Derocles
Cor Kluis ... (+2)
  • Cor Kluis
  • Julian Dobrovolschi

ResearchPool Subscriptions

Get the most out of your insights

Get in touch