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

Q2 2020 Rexel SA Earnings Call Transcript

Jul 28, 2020 / 07:00AM GMT

Release Date Price: €10.98 (-3.60%)

Transcript

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Q2 sales and H1 2020 earnings call. (Operator Instructions) I must also advise you, the call is being recorded today, Tuesday, the 28th of July 2020. I would now like to hand the conference over to your speaker today, Patrick Berard. Please go ahead.

Patrick Berard

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

Good morning, ladies and gentlemen, and thank you for joining us today. And welcome to this presentation of Rexel's second quarter 2020 sales and first half results. And next to me is Laurent Delabarre, our CFO. And both of us, we will bring you through the presentation and obviously, at the end, to answer any questions.

We continue to operate in an uncertain and volatile environment, but as you will see, Rexel has also shown its resilience. All the investment we have made over the past 3 years in people, in inventories, in branch openings, in IT, in digital transformations, all has proven to be relevant and contributed to transform Rexel into a much more robust company, able

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