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Rexel H1 sales edge higher on North American momentum and pricing gains; stock up Investing.com -- Rexel posted a 1.6% rise in first-half 2025 sales on a same-day basis, supported by stronger volumes in North America and early pricing benefits from U.S. tariffs. Second-quarter sales rose 1.8% on the same basis, as North American activity improved and non-cable selling prices increased 0.9%. The company’s shares rose 3.6% in Paris trading as of 07:18 GMT. Barclays analyst George Featherstone said Rexel ’s Q2 print beat the bank’s and consensus expectations, and "highlights why you want to own a cornerstone of the U.S. electrical equipment supply chain." While the European market remained challenging, Rexel (EPA:RXL) said it achieved market share gains in key countries. Digital sales rose to 33.6% of the Q2 total, up nearly two percentage points year-on-year. “Our teams delivered solid performance across the board, capitalizing on high-growth segments such as datacenters and broadband infrastructure and achieving market-share gains in key European countries despite continuing softness in demand,” said Chief Executive Guillaume Texier. Rexel reported a current adjusted EBITA margin of 5.8% for the first half, citing further productivity initiatives. First half operating income for the period was €505.7 million, down from €576.8 million a year earlier, while recurring net income slipped to €307.9 million from €340.8 million. Texier added: “Our recent performance as well as the additional initiatives that we have launched strengthen our confidence in our ability to deliver on our midterm objectives, thanks to the value-creating potential of our Axelerate 2028 roadmap.” Looking ahead, the company maintained its full-year guidance, expecting stable to slightly positive same-day sales growth and current adjusted EBITA margin at around 6%. Barclays expects a gradual recovery in short-cycle demand during the second half of the year, likely reflected in improving manufacturing PMIs, which could support a re-rating of Rexel’s valuation. Analysts believe concerns about the cycle are already priced in, with earnings momentum nearing a positive turn. They also point to recent portfolio changes, including the disposals of New Zealand and Finland, as signs of management’s strategic focus. "Ultimately Rexel should continue to benefit from price inflation and supply chain dislocation associated with tariffs," Featherstone said. (Additional reporting by Vahid Karaahmetovic.) Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks – 6 model portfolios fueled by AI stock picks with a stellar performance this year.. In 2024 alone, ProPicks' AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies. So if RXL is on your watchlist, it could be very wise to know whether or not it made the ProPicks lists.

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A few punchy items...

A variety of vintage hole perforators.

🛒 www.ebay.co.uk/sch/i.html?_...

#Vintage #Velos #Leitz #Rexel #Esselte #Perforex #Myers #VintageOffice #eBay

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A few punchy items...

A variety of vintage hole perforators.

🛒 www.ebay.co.uk/sch/i.html?_...

#Vintage #Velos #Leitz #Rexel #Esselte #Perforex #Myers #VintageOffice #eBay

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REXEL TAURUS Vintage Stapler + OTAGRAF Staple Remover + Staples Retro Desktop | eBay 5.7 cm in length. 3.3 cm grip width. 15 g in weight. Made in France. 18 cm base length. 3.2 cm width. 8 cm height. 193 g weight.

A vintage Rexel Taurus stapler, Otagraf staple remover and staples.

🛒 www.ebay.co.uk/itm/16714007...

#Vintage #VintageOffice #Rexel #VintageStationery #eBay

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REXEL Blue Stapler MAX-10D + Staples Home/Office Desktop Made in JAPAN Retro | eBay A Rexel MAX stapler. Includes staples. Size 10/ 4mm - the box contents are not complete. In good, clean, working condition. See photographs.

A vintage blue Rexel Max-10D stapler. Made in Japan. With a box of Rapesco staples. 💙

🛒 www.ebay.co.uk/itm/16683516...

#Vintage #Rexel #Rapesco #VintageOffice #FollowVintage #eBay

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REXEL Bambi Vintage Stapler RED Mini Pocket plus Box of Staples Retro 7.2 cm L | eBay A 'Bambi' mini stapler and a box of Rexel Bambi staples. Made in Great Britain by Rexel. 7 cm in length. 1.6 cm width. 2.2 cm in height.

A vintage Bambi red pocket stapler with staples. 7.2 cm in length. Made in Great Britain by Rexel.

🛒 www.ebay.co.uk/itm/16683609...

#Vintage #FollowVintage #BambiStapler #Rexel #VintageOffice #eBay

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REXEL SATURN Vintage Stapler Black Box of Staples + Bates Stapler Remover 1970s | eBay Stapler - Made in Great Britain. Rexel Saturn. 15.5 cm in length. 3.8 cm maxium width. 263 g in weight. A stapler, box of staples and a staple remover. In good, working condition. The black paint on t...

A vintage Rexel Saturn stapler with a box of staples and a Bates staple remover. 🔲

🛒 www.ebay.co.uk/itm/16684405...

#Vintage #FollowVintage #Rexel #VintageStationery #VintageOffice #1970s #eBay

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