Rexel : Q1 reassures on 2022, sights set on the CMD on 16 June for new medium-term targets
>Fresh acceleration in volumes in Q1 2022 - In H2 2021, some investors were concerned about the weight of volumes once sales growth was adjusted for price effects. The Q1 sales reported yesterday should help to reassure them since the group posted 2.8% growth in volumes (after 0% in Q3 2021 and 1.2% in Q4 2021), with 2.8% in Europe and 4.5% in North America (cf. chart page 2).The price effect was 13.2%, with 4.1% for cable products and 9.1% for non-cable products...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.