Rexel Q1 sales jump 31.0 pct including 5.9 pct LFL growth |
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Published
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Thu, 19 Apr 2007 07:34
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PARIS (Thomson Financial) - Electrical equipment distributor Rexel said sales jumped 31 pct to 2.576 bln eur in the first quarter from 1.967 bln a year earlier, lifted by 545 mln eur in revenues from newly-acquired operations plus 5.9 pct in like-for-like growth.North American sales fell 0.4 pct on a comparable basis but the decline was offset by an 11.5 pct like-for-like increase in Europe and a 13.2 pct surge in the company's Asia-Pacific region.Andrew.Newby@Thomson.comanCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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Rexel IPO plans likely to be announced tomorrow morning - sources 