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REXEL: SECOND QUARTER SALES & FIRST-HALF 2021 RESULTS

REXEL: SECOND QUARTER SALES & FIRST-HALF 2021 RESULTS
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REXEL a déjà oublié la crise

REXEL a déjà oublié la crise
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FULL-YEAR 2020 RESULTS & STRATEGIC UPDATE

Press release content from Globe Newswire. The AP news staff was not involved in its creation. 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

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