Earnings release
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Rexel a world of energy ● → Sales of € 3,331.2m in Q1 2021 , up + 8.6 % on a same - day basis Positive momentum in all geographies , leveraging our multichannel set - up , increasing demand for electrical products and the improving health situation in many markets ● FIRST QUARTER 2021 SALES Strong start to the year with same - day sales up + 8.6 % Growth driven by robust business model , healthy demand and accelerating recovery Positive pricing environment to accelerate in coming quarters China up + 60.1 % ( + 140bps contribution to group same - day sales growth ) , first country to recover from COVID - 19 crisis , paving the way for other geographies Positive pricing contribution in cable ( + 290bps ) and non - cable ( + 240bps ) products ; trend expected to accelerate in coming quarters → Activity above pre - crisis level for the first time : same - day sales growth + 5.4 % above Q1 2019 → Full capacity to capture the recovery thanks to our agile business model leveraging our intact branch network and further boost in digital adoption → Digital revenue in Q1 2021 represented 22.6 % of total sales , up +242 bps despite tough base effect as digital activity surged in the pandemic last year → FY 2021 guidance confirmed Key figures ( € m ) Sales On a reported basis On a constant and actual - day basis On a constant and same - day basis Same - day sales growth by geography Europe France Scandinavia Benelux Germany UK Austria Southern Europe North America USA Canada Asia - Pacific China Australia Q1 2021 3,331.2 Press Release April 22 , 2021 – Q1 2021 Sales 1,977.1 775.9 246.6 217.0 190.6 181.2 109.0 69.6 1,053.4 784.0 269.4 300.6 125.6 125.4 PRESS RELEASE Paris , April 22 , 2021 YoY change +3.3 % +6.5 % +8.6 % +10.8 % +20.1 % ( 1.0 ) % +10.7 % +13.5 % ( 3.7 ) % +29.9 % ( 1.8 ) % +1.2 % ( 0.4 ) % +6.0 % +23.7 % +60.1 % +3.5 % Q1 2021 vs Q1 2019 +0.5 % + 3.7 % +5.4 % +9.2 % +12.8 % +7.4 % +14.8 % + 17.7 % ( 8.0 ) % + 27.8 % ( 12.3 ) % ( 3.1 ) % ( 6.2 ) % +7.5 % + 13.8 % +21.2 % +6.1 % Patrick BERARD , Chief Executive Officer , said : " I am extremely pleased with the strong start to the year , demonstrating the relevance of the strategy we presented at our Capital Market Day and reflecting robust underlying demand from increasing electrical usage and the energy transition . The strong quarter also demonstrates the continuing increased effects of our deep digital transformation , as substantiated by the growth in digital sales penetration , now at 22.6 % of sales . Our teams further demonstrated their agility and ability to adapt to a constantly changing environment , to react and deal with certain end - markets still deeply affected by the pandemic as well as sudden price increases and scarcity of products . In this context , the role of the distributor in the value chain is again reinforced as we support customers in better managing the situation . Our Q1 sales together with trends we have seen in April reinforce our confidence in achieving our full - year targets and medium - term ambition . " 1/9