Rexel : T2 en amélioration, objectifs maintenus : un succès toutefois à confirmer
>Le T2 a été en progression sur presque tous les paramètres - La croissance organique et la marge d'EBITA ajustée ont dépassé nos estimations et celles du consensus (publication de 3 374 M€, +5.1% de croissance organique, marge de 4.8% ; nous attendions 3 329 M€, +4.3% et 4.5% resp.). Le résultat net a été un peu faible (40 M€ contre 49 M€ attendus par nous) à cause de frais de réorganisation en Allemagne et en Espagne en particulier. Le FCF a atteint 115 M€ contre 72...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.