Sonepar, Paris, global distributor of electrical products and solutions, reported total sales of €33.3 billion in 2023, a 2.8% increase from the previous year.
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This figure was driven by €11 billion in online sales, as well as €2 billion in sales of renewable energy products.
Sonepar completed 13 acquisitions in 2023.
“2023 could be summarized in two words: stability and agility,” said Philippe Delpech, Sonepar’s CEO. “We continued the deployment of our strategy, and, against a backdrop of economic slowdown, our teams have demonstrated exceptional adaptability to deliver remarkable performance.”