Rexel Q3 2025 Results Show Steady Growth Across Key Markets
Rexel has released its Q3 2025 results, reporting stable overall sales and strong growth in North America, while confirming its full-year targets for 2025. The company attributes growth to strategic initiatives, operational improvements, and investments in high-growth verticals.
Q3 2025 Sales Performance
For the quarter ending September 30, 2025, Rexel posted total sales of €4,758 million, up 3.0% on a same-day basis. Reported sales remained broadly stable at 0.1% year-on-year. North America led growth with same-day sales up 7.4%, while Europe and Asia-Pacific experienced slight declines of 0.5% each. Pricing contributed positively to sales growth, adding 140 basis points compared with the prior quarter.
Regional Performance
In North America, growth was driven by the datacenter and broadband infrastructure segments, which accounted for more than half of US sales growth. Strategic investments, including a new distribution center in Reno, Nevada, and the expansion of Talley in Canada, strengthened logistics and customer service. Both residential and non-residential markets contributed to growth, supported by solid backlogs and successful pass-through of tariff-related price increases.
Europe saw a 0.5% decrease in same-day sales, but sequential improvements were observed in France, Benelux, and the DACH region. Residential segments in Sweden, France, the Netherlands, Austria, and Germany showed signs of recovery, and the company gained market share in key markets despite ongoing macroeconomic uncertainties.
Asia-Pacific sales declined by 0.5% on a same-day basis, with India posting strong growth of 26.1% due to industrial automation. Australia and China showed gradual recovery in both residential and non-residential markets.
Digital Transformation and Strategy
Rexel’s Axelerate 2028 strategy continues to drive transformation, with digital penetration rising by 136 basis points to represent 33% of group sales. The company is also leveraging AI tools to enhance operations and customer service. Key capital allocation moves included the disposal of Finnish operations, the issuance of a €400 million Senior note due 2030, and €50 million dedicated to share buybacks.
Outlook for Full-Year 2025
Rexel now expects slightly positive same-day sales growth for 2025, a narrowing from previous guidance of “stable to slightly positive.” Full-year profitability and cash flow guidance remain confirmed, reflecting confidence in achieving mid-term goals through portfolio management, operational excellence, and targeted investments in high-growth segments.
CEO Commentary
Guillaume Texier, Chief Executive Officer, commented, “Q3 was in line with the trends observed since the beginning of the year, with growth improving steadily in both North America and Europe. The sequential improvement seen in Europe and Asia-Pacific demonstrates the strength, resilience, and agility of the new Rexel in persistently soft conditions.”
About Rexel
Rexel is a global leader in the multichannel professional distribution of products and services for the energy world. Operating in 17 countries with over 26,550 employees, the company serves residential, non-residential, and industrial markets with tailored energy solutions. In 2024, Rexel reported €19.3 billion in sales.
For more information, visit www.rexel.com/en.
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