Rexel SA (LTS:0KBZ)

€ 24.055 0.34 (1.42%) Market Cap: 7.06 Bil Enterprise Value: 11.03 Bil PE Ratio: 10.43 PB Ratio: 1.29 GF Score: 84/100

Q3 2022 Rexel SA Corporate Sales Call Transcript

Oct 27, 2022 / 09:00AM GMT

Release Date Price: €17.33 (+0.98%)

Transcript

Operator

Good morning, this is the conference operator. Welcome and thank you joining the Rexel's Third Quarter 2022 Sales Conference Call. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Guillaume Texier, Group CEO. Please go ahead, sir.

Guillaume Jean Philippe Texier

Rexel S.A. - CEO & Director

Thank you very much. Good morning, and welcome to this call to present Rexel's Third Quarter 2022 Sales. I'm here today with Laurent Delabarre, our CFO. And like always, we know you have a busy day with many calls, so we will make it short and to the point. I will do the highlights and the guidance, and Laurent will walk you through the details of our figure.

So if I summarize, going to Slide 3, Rexel posted a very solid quarter, building on the first half momentum and even accelerating. We actually posted a record third quarter with sales of EUR 4.8 billion, up 16.3% on a same-day basis. And beyond the fact that this was our best-ever quarter in terms of sales in nominal terms, there are a number of qualitative

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