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 2020 Rexel SA Earnings Call Transcript

Feb 11, 2021 / 02:00PM GMT
Release Date Price: €14.28 (+6.77%)
Patrick Berard
Rexel S.A. - Executive Officer

Good morning, good afternoon, ladies and gentlemen. I am Patrick Berard. And this afternoon, first, with Laurent Delabarre, our CFO, who is next to me, who will, in the first section, present to you our Q4 sales and full year 2020 earnings results. Immediately after, joined by other COMEX members, we will bring you through our next 3 years' view on the markets, Rexel's role and our guidance.

In doing so, we come out of a very specific year, you all know. And out of this year, there are many learnings that give us confidence in what we have done in the past and confidence in what we can really get out of the coming years and achieve with all the Rexel's people in order to provide to our shareholders, good earnings; to our stakeholder, constructive results of different kinds; and to our employee, a good future.

Now let me go to the Q4 sales. And Q4 has told us that despite the COVID during the year, we have been able to adjust first and then having a steady growth, which materialized in Q4, and which really gave us solid sales outlook in

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