Report
Delphine Brault

Rexel : Road show with management: recovery plan on track

>All targets have been confirmed - We welcomed CEO Patrick Bérard and CFO Laurent Delabarre for a road show in Paris. They explained that the recovery plan is on track and that major progress had been made in the US. The development plan (digital and agencies) was ongoing and the environment remains buoyant.  The only weak points are the UK and the slower-than-anticipated pace of adoption for digital tools in some countries. Rexel confirmed its guidance for 2018 (not...
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

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