RXEEY - Rexel S.A. reports Q3 results; FY2022 guidance upgraded for the second time
- Rexel S.A. press release ( OTCPK:RXEEY ): Q3
- Revenue of €4.82B up +35.5% year-on-year on a reported basis and +16.3% on a constant and same-day basis, reflecting positive momentum in all three geographies.
- FY 22 guidance upgraded for same-day sales growth and adjusted Ebita margin : Same-day sales growth of 12% (vs 7%-9% previously); an adjusted EBITA margin of 7.2%, including 70bps of non-recurring items (vs 6.7%, including 50bps of non-recurring items); free cash flow conversion above 60% (unchanged).
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Rexel S.A. reports Q3 results; FY2022 guidance upgraded for the second time