Rexel SA (OTCPK:RXEEY)
$ 24.82 -0.684 (-2.68%) Market Cap: 7.53 Bil Enterprise Value: 11.66 Bil PE Ratio: 10.15 PB Ratio: 1.30 GF Score: 82/100

Q1 2020 Rexel SA Corporate Sales Call Transcript

Apr 23, 2020 / 07:00AM GMT
Release Date Price: $7.5
Patrick Berard
Rexel S.A. - CEO, CEO of Europe & Director

Good morning, ladies and gentlemen. And before we start, allow me to wish you and everybody not to be hurt by this COVID-19 virus, and I wish very good health.

Welcome to the presentation of this first quarter 2020 sales. And for today, for presentation and question and answers, I am with Laurent Delabarre, our group CFO.

No need to tell you that it's a quite exceptional and very unprecedented circumstances. And I will start this call explaining how we are adapting to this environment, how do we implement all the measures to both protect our employee and customers as well as to continue operating. And how all of this is impacting our first quarter performance. Laurent will then detail our sales performance, the cost measures and -- that we have taken and obviously, all the other aspects, of which the focus on liquidity. And then I will conclude with a look at the immediate priorities and actions.

On the slide about -- after, you can see that, first of all, in the first days before the quarter full vision, when on

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