Rexel Reports Steady Growth in 1Q 2025 North American Sales

Rexel’s North America sales were up +3.8% on a same-day basis in 1Q 2025, driven by good backlog execution of non-residential projects, according to the press release. Its European sales were down -0.7% on a same-day basis, showing positive momentum in all countries following a -3.8)% decline in Q4 24.

Guillaume Texeier, the company’s CEO, said in the press release, “The first quarter of 2025 had positive momentum, with solid growth in North America, Europe recovering sequentially and price effect improving, allowing us to post positive organic sales growth for the first time in one year. We are happy that we were able to deliver such a performance in an economic environment which remains globally soft and uncertain.
"In this context, Rexel accelerated its strategic plan, gaining market share in key countries, implementing cost savings and margin actions, and being active and agile on capital allocation. All of Rexel’s employees are now fully mobilized around our Axelerate 2028 plan with the goal to enhance value to our customers and deliver on our midterm financial targets.
"Even though the new and fast-evolving global tariffs environment creates a level of uncertainty, with both new challenges and new opportunities, we are confident in Rexel’s resilience and agility and confirm our guidance for 2025.”