Rexel sales up on data center demand, 2026 guidance raised; stock up 2%
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Rexel SA reported third-quarter sales of €5.45 billion, up 11.4% on a same-day basis, marking its strongest quarterly performance since 2022, driven by significant growth in North American data centers. Still guessing which stocks will beat the market? Our AI…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA second upward guidance revision supports the shares of an electrical equipment distributor.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Third-quarter sales were 5.45 billion euros, up 11.4% on a same-day basis.
- 02US data center sales surged into triple digits and represent about 13% of US sales.
- 03Full-year 2026 same-day sales growth is now projected at about 7%, up from around 5%.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets