Rexel, Paris, France, distributor of electrical, heating, lighting and plumbing equipment, reported sales for its fiscal 2023 third quarter were €4.93 billion, up 12.6% from the prior-year period.
Sales for Europe were €2.53 billion, up 12.7% from the prior-year period. Sales for North America were €2.1 billion, up 8.7%, and sales in Asia-Pacific were €329 million, up 1.3% from the prior-year period.
“Rexel has gotten off to a good start this year, with double-digit growth in sales, driven by positive trends in all geographies and solid increases both in volumes and in prices, reflecting the excellent work of our teams across the Group,” said Guillaume Texier, CEO of Rexel. “Growth was also supported by powerful electrification trends. We continue to see high and growing demand in all geographies for energy efficiency and electricity generation solutions, electrification usages and industrial automation.”