04
Dec

Rexel: Update on the outlook for 2020

Rexel announced better than expected results for 2020; this also made it possible to repay the 2024 bond early. By investing in the last three years, Rexel has been able to further improve its customer service, mainly in terms of staff, branches and further digitalization.

During the second wave of the Corona crisis, Rexel was particularly satisfied with the better than expected business activity.

For the next year, they want to resume dividend payments.

With the prospect of a vaccine against Covid-19, the company looks forward to the press conference on February 11, 2021, where not only the annual report for 2020 will be presented, but also the strategic direction for the next few years.