Rexel SA (XPAR:RXL)

€ 23.9 -0.3 (-1.24%) Market Cap: 7.06 Bil Enterprise Value: 11.03 Bil PE Ratio: 10.43 PB Ratio: 1.29 GF Score: 85/100

Q4 2019 Rexel SA Earnings Call Transcript

Feb 13, 2020 / 09:30AM GMT

Release Date Price: €12.72 (+9.84%)

Transcript

Patrick Berard

Rexel S.A. - CEO, CEO of Europe & Director

Good morning, ladies and gentlemen. And just a few words about the fact that today, we will present the Rexel fourth quarter, the full year '19 performance. Laurent Delabarre, our group CFO, is with me. And we will do our best to make it as clear as we can. We will start with a look at the highlights of our Q4 and full year performance, by the way, which marks Rexel's third successive year of solid results.

I will also touch on the great progress we have made on key initiatives of the strategic plan for the future and -- for today and for the future. Laurent will detail our performance by geography and our financials in Q4 and the full year. And then I will come back and conclude with a look at our priorities and the outlook for 2020. After that, we will take all your questions, and be as explicit as we can.

Now let's start together. 2029 (sic) [2019], this is the third year, successive year, of solid results in line with the plan. And you can imagine that we are very satisfied with that. Now if you go to the next slide, in

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