Rexel Q3 2026 slides: sales surge 11.4% on data center boom
Rexel, an electrical distribution specialist, reported a strong third-quarter 2026 performance, with sales surging 11.4% to €5.45 billion, driven by robust demand in data centers, energy transition projects, and industrial automation across all regions. The company's growth was primarily fueled by the North American market, which experienced a 17.4% same-day sales increase, while Europe recorded a 4.5% growth and Canada saw 13.4% growth.
Despite the impressive results, Rexel's shares fell 3.13% in after-hours trading, as investors considered the positive momentum against expectations of slower fourth-quarter growth and ongoing margin pressures in North America.
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