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 2022 Rexel SA Corporate Sales Call Transcript

Apr 21, 2022 / 06:30AM GMT
Release Date Price: $22.63 (+9.10%)
Operator

Good day and thank you for standing by. Welcome to the Rexel's Q1 2022 Sales Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions)

I would now like to hand the conference over to your speaker today, Laurent Delabarre. Please go ahead.

Laurent Delabarre
Rexel S.A. - CFO

Thank you. Good morning and welcome to this call to present Rexel's first quarter 2022 sales and together with Ludovic Debailleux. We know you are all busy today and we also have our shareholder assembly later on this morning. So I propose to briefly contextualize and present our first quarter numbers, conclude with a reiteration of our outlook and then hand over the floor to you for the Q&A session.

Overall, as you have seen, we had a very strong start to the year with same-day sales up 16% and growth in all our key regions. We are particularly satisfied with the volume component of our sales, which contributed 283 basis points to the growth and was positive both in Europe and in North America in a

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