Rexel : The group announced measures to limit the risks of the crisis
>Protect employees and shore up the balance sheet - The group is primarily looking to protect the health of its employees while ensuring the continuity of business in the numerous countries where it is active. Most of Rexel’s facilities are open and the digital order and management channels are highlighted for use. To defend its financial position (net debt / adjusted EBITDA of 2.5x in December 2019), Rexel has drawn € 550m on its syndicated credit line as a preventi...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.
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