REXEL- Rating Report
Headquartered in Paris and listed on NYSE Euronext (market cap. of €3.8bn), Rexel S.A. is a global distributor of low and ultra-low voltage electrical products. The group supplies various customers (top 10 customers accounted for less than 4% of 2017 sales) - from local electricians to medium and large contractors in construction and public work - which install electrical products in 3 end-markets: industrial (33% of sales), commercial building (45%) and residential building (22%).
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.
Spread Research is France's first Rating Agency, registered by ESMA (European Securities and Markets Authority) and a leading European Independent Credit Research firm, founded in 2004 and based in Lyon, France. Our experienced team offer key research services using a wide range of investment strategies and research methodologies for the High Yield, Emerging Markets, Convertibles and Loan Markets.
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