Earnings Alerts

Rexel SA (RXL) Earnings: 3Q Sales Lower Than Expected with Mixed Regional Performance

By October 16, 2024 No Comments
  • Rexel’s overall sales for the third quarter reached €4.76 billion, falling short of the estimated €4.91 billion.
  • European sales totaled €2.29 billion, missing the forecast of €2.36 billion.
  • In North America, the sales figure was €2.15 billion, lower than the anticipated €2.22 billion.
  • Asia Pacific revenue amounted to €327.6 million, not meeting the estimate of €337.1 million.
  • Same-day sales declined by 2.1%, contrary to the positive forecast of a 0.87% increase.
  • Europe experienced a significant drop in same-day sales of 4.4%, against an expected slight decrease of 0.79%.
  • North American same-day sales showed a slight increase of 0.2%, which was below the projected rise of 2.56%.
  • In the Asia Pacific region, same-day sales dipped by 0.9%, missing the expected growth forecast of 0.87%.
  • Investment analysts have issued recommendations consisting of 7 “buy” ratings, 5 “hold” ratings, and 2 “sell” ratings for Rexel.

Rexel SA on Smartkarma

Independent analysts on Smartkarma, like Leonard Law, CFA, provide valuable insights into companies such as Rexel SA. In a recent report titled “Rexel – ESG Report” by Lucror Analytics, the focus was on Environmental, Social, and Governance (ESG) factors. Lucror Analytics assessed Rexel’s ESG as “Strong”, with high marks in Social and Governance categories. The Environmental score was deemed “Adequate”, while Controversies were considered “Immaterial” and Disclosure was rated as “Strong”. This analysis gives investors a detailed view of Rexel’s ESG performance and outlook.


A look at Rexel SA Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analyzing the Smartkarma Smart Scores for Rexel SA, the company is positioned well for long-term growth and stability. With a strong focus on providing value to investors and offering a reliable dividend, Rexel scores favorably in these areas. Additionally, the company shows promising momentum in its market performance, indicating a positive outlook for future growth. Rexel’s resilience score further underlines its ability to navigate challenging market conditions, making it a potentially attractive investment option for those seeking steady returns.

Rexel SA, a distributor of low voltage electrical equipment, caters to a wide range of customers including electrical contractors, industrial companies, homeowners, and government agencies. Their diverse product line includes essential electrical components such as wires, cables, heating equipment, and security systems. With solid Smart Scores across key factors like dividend yield and momentum, Rexel appears well-positioned to continue its growth trajectory and deliver value to investors over the long term.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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