Rexel : Roadshow feedback: confidence on medium-term outlook
>Unsurprisingly, short term set to be characterised by headwinds - We organised a roadshow with Rexel’s management (CEO and CFO) this week. In 2024, volumes will be limited by a residential market that remains under pressure (30% of sales including one-third in newbuild), although the renovation segment is set to show better resilience in relative terms. Moreover, H1 will face tough comps, particularly in the electrification segment (23% of sales), which already ...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.