Rexel Raises Full-Year Targets Again as Q3 Sales Rise 11.4%
Rexel raised its full-year targets for the second time this year after strong U.S. data-centre demand and Europe's electrification drive lifted third-quarter sales by 11.4%.
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03:47:27 PM UTC
SquawkNews
Rexel posted Q3 2026 sales of €5,453M, up 14.6% reported and 11.4% constant/same-day, with North America leading. The company raised full-year 2026 guidance.Material DetailsContext by AI AnalystThis is a mid-cycle confirmation of accelerating growth tied to US high-growth segments and electrificati…
03:50:13 PM UTC
SquawkNews
Rexel: 2026 Outlook Raised for the Second Time >RXL.FR
03:55:43 PM UTC
SquawkNews
OverviewOutlookResult DriversCompany press release:Key DetailsAnalyst CoverageReuters Recommended ReadsFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.(This story was created using…
By Leo MarchandonFrench electrical equipment distributor Rexel EURONEXT:RXL raised its full-year targets for the second time this year on Thursday after strong demand from U.S. data centres and Europe's electrification drive lifted third-quarter sales by 11.4%.Over the first nine months, group sale…