Rexel reported a small rise in sales for the third quarter, driven by strong business in the United States and steady growth in its online operations.
The electrical and industrial supplier said sales reached €4.758 billion ($US 5.06 billion), unchanged from a year ago but up slightly when adjusted for working days. For the first nine months of 2025, revenue totaled €14.533 billion ($US 15.46 billion), up 1%. The company did not release its profit figures for the quarter.
Rexel digital sales in Q3
Digital sales continued to climb, reaching 33% of total revenue, up from 31% a year earlier. Rexel said more customers are using online tools for ordering, pricing and delivery. In Europe, digital sales now account for 44% of revenue, while in North America the share has grown to 23%.
Business in North America was the main bright spot. Sales there rose 7.4% to €2.221 billion ($US 2.36 billion), fueled by growing demand for electrical and data-center equipment in the U.S.
Rexel said it is investing in new warehouses in Reno, Nevada, and Atlanta to keep up with demand. It’s also expanding its Talley business in Canada to serve broadband and wireless customers.
In Canada, sales rose 7.5% to €374.8 million ($US 398 million), thanks to new commercial projects and higher demand for communications gear.
Sales in Europe slipped 0.5% to €2.258 billion ($US 2.39 billion), but Rexel said conditions improved compared with earlier in the year. France rose 3.8% to €887.1 million ($US 939 million), helped by strong orders from small contractors. Benelux grew 3.5% to €354.1 million ($US 375 million), while Germany, Austria and Switzerland were down 2.8%. Meanwhile, the U.K. and Ireland fell 10.1% as branch closures and slow building activity weighed on results.
In Asia-Pacific, sales dipped 0.5% to €279.2 million ($US 296 million). Australia was down 0.9%, China fell 4.1% as exports slowed under new U.S. tariffs, and India jumped 26.1% on strong demand for automation equipment.
Rexel’s outlook for 2025
Rexel confirmed its full-year forecast, saying it expects a minor increase in sales for 2025 and stable profitability. The company completed the sale of its Finland operations to Ahlsell, issued a €400 million ($US 425 million) bond to support future investments, and repurchased €50 million ($US 53 million) in shares so far this year.
CEO Guillaume Texier said the results show steady progress.
“Growth is improving in both North America and Europe as we execute our Axelerate 2028 roadmap,” he said.
Rexel’s push into online commerce and faster-growing markets like data centers is helping offset slower construction spending in Europe and Asia. With one-third of its sales now digital, the Paris-based group is steadily shifting from a traditional branch network to a more technology-driven distribution model.
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