Rexel – Second-Quarter Sales and Half-Year 2024 Results

• Sequential organic sales improvement between Q1 and Q2
• Resilient profitability and record FCF generation in H1 24, supported by strong discipline and self-help plans
•  2024 outlook confirmed – in the lower end of the range

→ Q2 24 sales up +1.8% on a reported basis, driven by our M&A strategy in Europe and North America

→ H1 24 sales of €9,629.7m, down (3.5)% on a same-day basis, with a gradual improvement in the period:

• Q2 24 down (2.4)% after (4.6)% in Q1 24, notably from easier base effect on electrification
• …