Paris-based electrical products distributor Rexel reported 2025 third-quarter sales of $5.56 billion on Oct. 15 — nearly flat year-over-year on a reported basis and up 3.0% on a constant and same-day basis. It marked the company’s sixth consecutive quarter of sequential growth.

Growth was again driven by strong performance in North America, where same-day sales rose 7.4%, supported by robust demand in high-growth verticals such as datacenters and broadband infrastructure, which together contributed to more than half of U.S. growth during the quarter. Rexel cited continued investment to deepen penetration in these markets, including the opening of a new datacenter-focused distribution center in Reno, NV and the expansion of Talley into Canada.

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In Europe, sales were down 0.5% on a same-day basis but showed sequential improvement from prior quarters as macroeconomic conditions began to stabilize in several markets. France and Benelux both posted positive growth (+3.8% and +3.5%, respectively), while Germany and the U.K. continued to lag. Asia-Pacific sales were essentially flat (-0.5%) year-over-year, with India’s industrial automation segment providing a bright spot.

Group pricing contributed +1.4 percentage points to overall growth, consistent with Q2 results. Digital sales accounted for 33% of total revenue, up 136 basis points from last year, with North America seeing the strongest digital gains.

Rexel reiterated its full-year 2025 guidance, now expecting “slightly positive” same-day sales growth (narrowed from “stable to slightly positive”), an adjusted EBITA margin of around 6%, and free cash flow conversion of roughly 65% — excluding a $145 million fine paid earlier this year.

CEO Guillaume Texier said the quarter reflected “steady improvement in both North America and Europe,” adding that Rexel’s Axelerate 2028 strategy continues to strengthen its position in high-growth sectors and digital transformation initiatives.

Rexel presented a strategic update during its Rexel Expo event in Paris on Oct. 16.