Rexel – First-quarter 2025 sales

• Same-day sales up +1.4% in Q1 25, back to positive territory
• Sales growth driven by North America, with improving trends in Europe
• Active portfolio management with one acquisition and one disposal completed in April
• Full-year guidance confirmed amid uncertain macro-political environment

→ Q1 25 sales of €4,825m, up +1.4% on a same-day basis, back to positive territory

• North America up +3.8% on a same-day basis, driven by good backlog execution of non-residential projects and better momentum in the Proximity business
• …