Rexel: The latest figures, news and market research on Rexel

Turnover: 19 billion EUR (2023)

Country: France

Global distributor of electrical components and accessories
Present in 25 countries with over 1900 branches
Its offering now includes energy management, expertise and HVAC services in addition to distribution.

Rexel, the winning recipe for an electrical distributor 09/06/2024

second worldwide, behind another French group, the Sonepar group.
While sales have long ranged between 13 and 14 billion euros, they will approach 20 billion euros in 2023.

Rexel aims to grow tenfold with the push for electrification 09/06/2024

- Rexel's revenues reached 19 billion euros in 2023.
- Today, services account for "a few hundred million euros".
- Rexel aims to double the proportion of its customers using its most advanced services by the end of its plan.
- Electrification-related offerings, including sales of heat pumps and solar panels, account for 32% of sales

Energy transition boosts Rexel's results 16/02/2024

Rexel and Sonepar distribute electrical supplies to professionals, and together with Schneider and Legrand form France's "Fab Four" in the electrical sector.
In 2023, Rexel increased its sales by 2.3% to 19.15 billion euros.
The group achieves 50% of its business in France and North America, and generated 23% of its sales in electrification, a significant increase from 13% three years earlier.
Online orders at Rexel account for almost 30% of sales.
The company is pursuing an acquisition strategy focused on the electric transition.
Rexel is moving forward with the support of Swedish activist fund Cevian, its largest shareholder for several years.

Rexel acquires Dutch heat pump specialist 01/06/2023

Rexel acquires Wasco (number two in heating and air-conditioning products and services in the Netherlands)
Wasco enterprise value: 485 million euros
Wasco sales: 540 million euros over one year to end April 2023
Rexel has identified 4 levers to accelerate growth: heat pumps, photovoltaics, charging stations for electric vehicles, industrial automation
Rexel sales in 2022: €18.7 billion (+14%)
Rexel net income in 2022: 912 million euros, up 59% year-on-year
Rexel employs 26,000 people in 21 countries