REXEL : FOURTH QUARTER AND FULL YEAR 2018
REXEL SA UNSP/ADR (RXEEY)
NASDAQ:AMEX Investor Relations:
rexel.com/en/finance/investors
Company Research
Source: GlobeNewswire
FOURTH-QUARTER & FULL-YEAR 2018 RESULTS FULL-YEAR 2018 TARGETS ACHIEVED ADJUSTED EBITA UP +6.1% IN FY 2018 AND RECURRING NET INCOME UP IN DOUBLE DIGITS INCREASE IN PROPOSED DIVIDEND TO €0.44 PER SHARE FULL YEAR 2018 TARGETS ACHIEVED Sales of €13.37bn, up 3.5% on a constant and same day basis Adjusted EBITA of €608.3m, up 6.1% Indebtedness ratio of 2.67x, improving by 17bps SALES OF €3.497bn IN Q4 On a constant and same-day basis, sales up 1.9%, of which: Europe: -0.8%, or up +1.2% excluding branch closures in Germany and Spain North America: +6.9%, driven by the US Asia-Pacific: -0.1% or up +2.9% restated for the impact of the disposal in Australia Organic actual-day growth of 3.0%, including +1.1% from calendar and -0.3% from copper Reported sales growth of 2.7%, including currency (+0.3%) and scope (-0.5%) effects NET INCOME UP 45.6% IN FY 2018 AND RECURRING NET INCOME UP 12.8%. INCREASE IN PROPOSED DIVIDEND TO €0.44 PER SHAR
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