Rexel

News aus der Elektroindustrie

04
Dec

Rexel announced better than expected results 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.

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29
Oct

Rexel suffered a 4.2% decline in Q3 2020,...

Rexel suffered a 4.2% decline in Q3 2020, but compared to the 17.7% decline in the previous quarter, this was a strong improvement of the business situation.

Digital revenues in Q3 accounted for a remarkable 20.5% of total revenues.

From January to September 2020, total revenues amounted to EUR 9,203.4 million, of which EUR 5,125.1 m was generated in Europe (EUR 1,868.4 m in France, EUR 511.6 m were made in Germany), EUR 3,236.7 m in North America (EUR 2,531.7 m in the U.S.) and EUR 841.6 m in the Asia-Pacific region (China EUR 356.9 m).

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28
Jul

Rexel had sales of EUR 6,045.6 m in the first half of 2020...

Rexel had sales of EUR 6,045.6 m in the first half of 2020; which corresponds to a decrease of 11.1%. It is worth mentioning that the group's digital sales accounted for 21%, representing 31% of sales in Europe.

The net loss in the first half of the year was EUR 439.8 m.

The distribution of sales was as follows: Europe 54%, North America 36%, Asia / Pacific 10%.

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28
Oct

In the 9 months from January to September 2019, Rexel generated....

In the 9 months from January to September 2019, Rexel generated sales of EUR 10,221.7 m EUR, an increase of 3.6% over the same period last year. Of this total, 5,425.7 m EUR was generated in Europe, 3,918.9 m EUR in North America of which 3,107.2 m EUR in the US.

Country No. 1 in Europe was, as always, France with sales of 2,050.3 m EUR (+2.9%), Scandinavia 701.1 m EUR (+3.2%), UK 558.2 m EUR (-8.8%), Germany slipped even further to 481.2 m EUR, a minus of 19.6%!

Of the 877.0 m EUR from the Asia-Pacific region, 357.9 m EUR (an increase of 8.6% over the previous year) was generated in China.

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03
Oct

Rexel Announces the appointment of Thomas Moreau as Chief Executive Officer (CEO) of Rexel France.....

Rexel Announces the appointment of Thomas Moreau as Chief Executive Officer (CEO) of Rexel France. The appointment of Moreau will take effect on 1 October. For the past three years, Moreau has served as Commercial Vice President of Rexel France.
Moreau joined Rexel in 2017 after spending fifteen years in various positions at Schneider Electric, where he became Vice President Business Strategy France in 2014. Moreau graduated from EDHEC Business School.

In addition, Shahab Chaudhry, currently CFO of Rexel Middle East, has been appointed Rexel Canada's Corporate Controller. Chaudhry has held various financial positions within the Rexel Group over the last 10 years and has been instrumental in the growth of the Middle East business in recent years.

His successor will be as of November 1, Ms. Joanne Bjelanovic; she will be based in Dubai.

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In the months from January to June, Rexel increased its sales by 2.4% to 6,799.5 m EUR.

In the months from January to June, Rexel increased its sales by 2.4% to 6,799.5 m EUR. Net profit increased by 70.6% to 163.9 m EUR.
In Europe, sales were down 0.2%, North America up 7.6%, and the Asian-Pacific region up 0.8%.
Rexel was hit particularly hard by the branch closures in the United Kingdom (30 closures) and in Germany (17 closures).

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25
Jun

From 1 July 2019, David Moyal will take over the management of Rexel Italy;

From 1 July 2019, David Moyal will take over the management of Rexel Italy; he replaces Massimo Ferri, who left after 14 years in this office !!

Moyal worked for 10 years with Darty FNAC and 6 years as sales manager at Rexel; most recently he was head of the GIGAMEDIA brand at CONECTIS; this position is now taken over by Marina Berho in addition to her responsibilities as Head of Data Communication and Security at Rexel France.

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20
May

As we learned today, Rexel has sold its three Chinese companies,

As we learned today, Rexel has sold its three Chinese companies, Luckywell International Investment Ltd. and Beijing Luckywell Electrical Co., Ltd. on 31.1 2019 and Shanghai Maxqueen Industry Development Co. ltd. on 30.4.2019. To whom was not communicated.

 

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30
Apr

Rexel generated sales of 3,315.0 m EUR in the first quarter of 2019,

Rexel generated sales of 3,315.0 m EUR in the first quarter of 2019, an increase of 3.1% compared to the previous year; mainly due to dynamic growth in the US (+ 9.8%), China (+ 8.2%) and some key markets in Europe (France + 2.7%, Benelux + 13.3%, Scandinavia + 6.8%). Sales were as follows: 55% were made in Europe, 37% in North America and 8% in Asia / Pacific.

The decline in Germany (-19.9%), UK (-7.5%) and Spain is mainly due to the large number of branch closures in Q4-2018 and this quarter.

The outlook for the full year has been confirmed, with sales growth of 2-4% and an adjusted EBITA of plus 5-7%.

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02
Apr

To better position itself in the operational business for the future, Rexel has further strengthened itself with two experienced executives.

To better position itself in the operational business for the future, Rexel has further strengthened itself with two experienced executives.

Roger Little, head of Rexel Canada, is expected to bring his experience mainly to project management at headquarters; in addition, he and Jeff Baker (CEO in the US) will try to take the business in North America to a new level.

Pierre Benoît, head of Benelux, will be appointed CEO of the newly established UK / Ireland-Benelux cluster, focusing mainly on his experience in digital transformation.

These changes apply from 1.4.2019; all the above persons report to Patrick Berard in Paris.

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