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FULL-YEAR 2020 RESULTS & STRATEGIC UPDATE
REXELFebruary 11, 2021 GMT Q4 sales demonstrate agility to capture first signs of recovery in all geographies Strong discipline in opex management Robustness & resilience of our FCF conversion rate in FY 2020 2023 ambition: Further sales growth outperformance & adjusted Ebita margin above 6% at constant scope
→ Sales of €3,389.0m in Q4 2020, exceeding expectations, demonstrating our agility to capture first signs of recovery thanks to an intact branch network and our best-in-class digital offer
On a constant and same-day basis, sales down -0.7% in Q4 20, with progressive improvement in all geographies and North America recovering from a lower base