6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
Paris-based electrical distributor Rexel reported sales in the first quarter 2013 were €3.2 billion (US$4.2 billion), down 2.3 percent on a reported basis and 3.7 percent on an organic basis.
Rexel reported challenging conditions in end-markets, including slowing momentum in industry, except in the U.S. where trends are improving; low residential construction activity, with the exception of the U.S.; and weak activity in commercial end-markets, affected by the postponement of projects.
Europe sales (55 percent of the total) were down 5.5 percent on an organic basis, and 6.1 percent on a reported basis. Excluding photovoltaic, sales were down 4.5 percent.
North America, 34 percent of sales, was up 1.3 percent on an organic basis. Sales in North America were up 8.2 percent on a reported basis.
Asia-Pacific, 9 percent of total sales, was down 10.2 percent on an organic basis.
Latin America, 2 percent of total sales, was down 3.1 percent on an organic basis. Sales increased by 6.6 percent in Brazil and by 7 percent in Peru, while sales in Chile decreased by 20.3 percent, due to challenging comparables and a slowdown in mining activity.