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Stock impact report

Q4 Sales & fy 2023 Results

REXEL SA UNSP/ADR (RXEEY) 
NASDAQ:AMEX Investor Relations: rexel.com/en/finance/investors
Company Research Source: GlobeNewswire
 Q4 SALES & FY 2023 RESULTSRecord sales, adjusted Ebita margin1 and free cash flowUpgraded full-year guidance fully achieved, with Ebita in the upper end of the rangeStrong free cash flow generation, demonstrating the strength and resilience of Rexel's model ? FY 23 sales of €19,153.4m, up +4.3% on a same-day basis Positive volume and price contributions: +2.0% and +2.3% respectively Boosted by electrification trends in Europe, mainly in H1, and commercial & industrial projects in North America ? Sales of €4,725.3m in Q4 2023, down (1.4)% on a same day basis, on the back of a challenging base effect in electrification in Europe and lower demand in some end-markets ? Digital penetration rate at 30% of sales in Q4 23, up +269bps ? FY 23 adjusted EBITA margin of 6.8%, in the upper end of guidance, driven by growth in electrification trends in H1 and good execution of action plans leading to market share gains in H2 ? Recurring net income in FY 23 at €823.3m, compared to €911.8m in Show less Read more
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