Rexel – Q1 2026 sales: solid start in the year

• All three geographies in positive territory for the first time in 11 quarters
• North America the main growth engine; Europe improves sequentially
• 2026 guidance confirmed

→ Q1 2026 sales of €4,736.9m, up +3.4% on a same-day basis

• North America on a solid growth trajectory: same-day sales up +5.8%, mainly driven by high growth segments (datacenters and broadband infrastructure)
  • double digit backlog progression (vs Dec. 2025) provides improved visibility
• Europe continuing its progressive recovery with electrification rebound providing a potential additional tailwind against the backdrop of the Middle East crisis
• …