Rexel SA (RXLSF.PK), a French distributor of electrical supplies, on Tuesday reported that its net income for the half year slid 17.6 percent to 353 million euros, and recurring net income fell by 25.1 percent to 340.8 million euros.
While reported EBITA for the period declined 14.3 percent to 596.4 million euros, adjusted EBITA fell 21.6 percent to 574.2 million euros.
Sales, on a reported basis, for the first half declined by 1.4 percent to 9.629 billion euros. Meanwhile, sales were down 3.9 percent on a constant and actual-day basis, and it was down 3.5 percent on a constant and same-day basis.
Looking ahead, Rexel said it is confirming its guidance for the full year, expecting Stable to slightly positive same-day sales growth, with a high comparable base in H1.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.