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 2021 Rexel SA Corporate Sales Call Transcript

Apr 22, 2021 / 06:30AM GMT

Release Date Price: $20.53

Transcript

Operator

Good day and (technical difficulty) 2021 conference call. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions)

And I would now like to hand the conference over to your first speaker today, Mr. Laurent Delabarre. Thank you. Please go ahead.

Laurent Delabarre

Rexel S.A. - Group CFO

Thank you. Good morning to all of you, and welcome to our first quarter 2021 sales call. I hope you are all safe and well. And I'm together with Ludovic Debailleux this morning, our Head of Investor Relations.

Q1 brought further confirmation of the relevance of our strategic choice and the adaptability of our teams, many continued disruptions linked to the pandemic with certain end markets still deeply affected by the sanitary situation, strong price increases and scarcity of some products. We saw further growth in digital in Europe and North America and the recovery continues to gather steam in all geographies.

This, combined with growing electrical usage, make us confident in the strength of our

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