Rexel Sa · EURONEXT:RXL
Rexel Sa — Q3 2026 Earnings Presentation
13 slides from Rexel Sa's earnings presentation, Oct 22, 2026
Slide 1: Third quarter 2026 sales
Third quarter 2026 sales Paris, October 22nd, 2026
Slide 2: Key highlights
a world of energy Key highlights
Slide 3: Highest quarterly sales growth since 2022
Highest quarterly sales growth since 2022 Double-digit growth Favorable prices & volumes ➢ Solid contribution from ➢ Well-balanced contribution all three geographies between volumes & prices Q3 26 same-day sales growth +11.4% Driven by high-growth segments Visibility into the future ➢ Data centers,
Slide 4: Active acquisition policy reinforcing our strategic and financial profile
Active acquisition policy reinforcing our strategic and financial profile Multiple below Rexel’s Services Growth EBITA % ACQUISITION EV/EBITDAaL capabilities segments accretive post synergies TC 360 Canada · closed April 20 ✓✓ ✓✓ ✓ ✓ Revere Illinois, US · closed May 12 ✓ ✓ ✓ ✓ DEE Electronics Iowa,
Slide 5: Q3 2026 sales review
a world of energy QO? Q3 2026 sales review
Slide 6: Q3 2026 sales growth driven by volume and price increases
Q3 2026 sales growth driven by volume and price increases +2.9% +0.6% €5,453m +2.2% +6.3% +2.1% €4,870m €4,758m +1.2% -0.9% Same-day change +11.4% Q3 2025 Forex Acquisitions Disposals Q3 2025 Volume Non-cable Cable Calendar Q3 2026 comparable price price Acquisition effect, mainly from Revere, FX im
Slide 7: Accelerating trends, boosted by North America
Accelerating trends, boosted by North America 2025 & 2026 same-day sales growth by quarter Group 2025 2026 Q1 Q2 Q3 Q4 Q1 Q2 Q3 +11.4% North America Europe Asia Pacific (51% Group sales) (43% Group sales) (6% Group sales) +6.7% 2025 2026 2025 2026 2025 2026 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q1 Q2 Q3 Q4 Q1 Q2 Q3
Slide 8: Accelerating trends in North America
Accelerating trends in North America Q3 26 same-day sales United States +18.2% +17.4% • c. 13% of US sales Triple digit • Outperforming a strong underlying market Data centers growth • Moving upstream in the value chain vs. +7.8% in Q2 26 • 51% of Group sales (increasing lead time and supply chain t
Slide 9: Energy transition further boosting European activity
Energy transition further boosting European activity Strong resilience in an uncertain macro France +3.6% environment ; value-added HVAC offer and EV charging solutions Q3 26 same-day sales +4.5% DACH +6.4% Solar activity in Germany, first positive signs in industrial automation Demand HVAC, solar a
Slide 10: Outlook
Rexeu a world of energy OS Outlook
Slide 11: Record backlog providing enhanced visibility in North America
Record backlog providing enhanced visibility in North America +42% 3,053 Backlog in North America above 3,001 USD 3bn 2,396 Representing 3.4 months of total 2,051 2,014 2,150 sales or 8.3 months of project activity USD Data centers accounting for c. 25% of US backlog 2023 2024 2025 Q1 26 Q2 26 Q3
Slide 12: Raising FY 2026 guidance for the second time
Raising FY 2026 guidance for the second time c. 7% At least 6.4% Above 65% Same-day Current adjusted Free cash flow sales growth EBITA margin1 conversion2 Upgraded in July : c. 5% Upgraded in July : at least 6.2% Initially in February : 3-5% Initially in February : c. 6.2% 1. Excluding (i) amortizat
Slide 13: Disclaimer
Disclaimer The Group is exposed to fluctuations in copper prices in connection with its distribution of cable products. Cables accounted for approximately 16% of the Group's sales and copper accounts for approximately 60% of the composition of cables. This exposure is indirect since cable prices als