Rexel SA (OTCPK:RXLSF)
$ 26.4245 -0.0255 (-0.1%) Market Cap: 7.72 Bil Enterprise Value: 11.50 Bil PE Ratio: 9.46 PB Ratio: 1.33 GF Score: 84/100

Q2 2019 Rexel SA Earnings Call Transcript

Jul 30, 2019 / 08:30AM GMT
Release Date Price: $12.06
Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to today's half year 2019 results conference call. (Operator Instructions) I must advise you that this conference is being recorded today, the 30th of July 2019.

(Operator Instructions) I would now like to hand the conference over to your speaker for today, Patrick Berard. Please go ahead, sir.

Patrick Berard
Rexel S.A. - CEO, CEO of Europe & Director

Thank you. Good morning, ladies and gentlemen. First of all, welcome to this presentation of Rexel's first half '19 performance. Today, I am with Laurent Delabarre, our Group CFO.

I will start with a look at further progress we have made on the key transformational initiative on our strategic plan. We will highlight our actual performance and our performance by geography, Laurent will then detail our financials in H1, and I will conclude with our 2019 outlook. And then obviously, we will be very happy to take all your questions.

Now let's start the presentation. If you go to Page 3, you see that we are

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