Rexel Expands Its Footprint to 27,000 sqm in ARGAN's Roissy-en-Brie Warehouse
ARGAN announces the expansion of the leased area to Rexel at its logistics site in Roissy-en-Brie (77). The electrical equipment distributor has increased its operating area from 18,000 sqm to 27,000 sqm, thus strengthening its presence on this platform in the first eastern crown of Île-de-France.
ARGAN has announced the relocation of an additional 9,000 sqm at its logistics site in Roissy-en-Brie for the benefit of Rexel, a specialist in the distribution of electrical equipment. Already a long-term tenant of the site, Rexel has thus increased its operating area to 27,000 sqm. This expansion will allow Rexel to accommodate one of its subsidiaries specialized in low-voltage currents within the warehouse. Before the establishment of this subsidiary, the site managed a stock of about 25,000 references with 70 employees. The integration of this new activity will enrich the platform with an additional 6,000 references and will involve 30 full-time equivalents.
Environmental and Technological Improvements
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Replacing the existing gas boilers with electric heat pumps will reduce the CO? emissions of the warehouse, with an estimated reduction of nearly 300 tons of CO? for Roissy-en-Brie. The lighting has been completely renovated with a presence-detection LED system, while the office spaces have also been modernized. This relocation is part of a long-standing partnership relationship between ARGAN and Rexel, already demonstrated at the Cestas site where both groups collaborated on the modernization and decarbonization of heating installations.
Long-Term Partnership and Development Support
ARGAN, owner of two warehouses leased to Rexel, supports the development of its tenant-client through close monitoring of its major accounts. This transaction is part of a long-term real estate partnership strategy, confirming the attractiveness of ARGAN's assets in Île-de-France and its ability to meet the operational and environmental needs of its users.
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.