Rexel S.A. reported sales results for the first quarter ended March 31,2024. For the quarter, the company reported sales of ?4,707.4 million, down 4.5% on a reported basis, supported by the scope effect. They include: Constant and same-day sales evolution of 4.6%, including a 3.1% contribution from volume, a stable selling price on non-cable products and a negative price of 1.5% on cable products.

A calendar effect of 1.5%, which will reverse in the course of the year. A positive net scope effect of +2.2%, mainly resulting from the Wasco acquisition in the Netherlands, completed in September 2023. A negative 0.5% currency effect, mainly due to the depreciation of the US dollar against the euro.