Rexel Denies Any Negotiation Process for a Potential Takeover
The professional electrical products distributor has issued an official denial following market rumors of a possible acquisition. According to the company, there are currently no contacts or negotiations underway with potential buyers.
Rexel was compelled to publicly respond following an article published this Tuesday in La Lettre, a practice it usually avoids. According to the statement, the company does not comment on market rumors as a principle, but found it necessary to clarify its position. The group explicitly states that it is not currently engaged in any negotiations with potential acquirers and that no contacts are ongoing in this regard.
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As indicated by the company, Rexel remains focused on executing its operational strategy and on creating value for all its stakeholders. The group, which operates in 17 countries through a network of over 1,875 branches, employs more than 26,550 people. Its positioning is based on the multichannel distribution of products and services aimed at the residential, commercial, and industrial sectors. This clarification comes at a time when acquisition rumors could affect stock market valuation and disrupt business relationships.
Financial Performance and Market Presence
Rexel reported a turnover of 19.3 billion euros in 2024, according to the statement. The company is listed on the Eurolist market of Euronext Paris and is included in several benchmark indices, including the CAC Next 20, the SBF 120, and the STOXX 600. The group is also featured in corporate social responsibility indices such as the FTSE4Good and the Dow Jones Sustainability Index Europe. Its main activity involves supporting its professional clients in managing energy for construction, renovation, production, and maintenance.
SectorMachines et équipements industriels›Équipements électroniques
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Context
Period
Period: S1 2026
Key reported figures
Revenue: 9 989 millions d'euros
Quarterly revenue: 9 989 millions d'euros
Revenue growth: 2,2 %
EBITDA: 827 millions d'euros
EBITDA margin: 8,4 %
Net income: 340,3 millions d'euros
Free cash flow: 247,3 millions d'euros
3 322 millions d'euros
Guidance from the release
Objectifs 2026 rehaussés ; visibilité accrue grâce à un carnet de commandes record
Risks mentioned
Endettement financier net en hausse de 690 M€ depuis le 31 décembre 2025, à 3 322 M€
BFR opérationnel dégradé à 16,3 % du chiffre d'affaires contre 15,9 % au S1 2025
Effet de change négatif de (2,6)% sur les ventes du semestre
Opportunities identified
Objectifs 2026 rehaussés en croissance et en rentabilité
Ventes digitales à 35 % du chiffre d'affaires, en hausse de 160 bps
Plan stratégique Axelerate 2028 et stratégie active d'acquisitions (TC 360, Revere, DEE)
Outlook / guidance
Expected revenue: 20 385 millions d'euros
Management commentary: Une croissance des ventes à jours constants d'environ 5% (vs 3 à 5% initialement) ; Une marge d'EBITA courant ajusté 1 d'au moins 6,2% (vs environ 6,2% initialement) Une conversion du free cash-flow 2 supérieure à 65%
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.