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

Q3 2023 Rexel SA Corporate Sales Call Transcript

Oct 20, 2023 / 06:00AM GMT

Release Date Price: €18.62 (-5.72%)

Transcript

Operator

Good morning. This is the conference operator. Welcome, and thank you for joining the Rexel's Third Quarter 2023 Sales Conference Call. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Guillaume Texier, Group CEO of Rexel. Please go ahead, sir.

Guillaume Jean Philippe Texier

Rexel S.A. - CEO & Director

Good morning, and good morning to everyone, and thank you for getting up early this morning to join us for our third quarter sales conference. I'm here today with Laurent Delabarre, our CFO. I will make a few introductory remarks on our performance, and Laurent will give you greater granularity on our numbers. And I'll conclude by confirming our outlook before handing you the floor for the Q&A session.

So let's begin on Slide 3 with the main highlights of the third quarter. So in Q3, we continue to demonstrate solid momentum with same-day sales growth of 2.6%. And the Rexel teams once again proved their ability to deliver profitable growth. And what is particularly satisfying is that they achieved this in a

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