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Founded in 1967, Rexel is an international electrical products and services provider. The company specialises in the multichannel distribution of electrical supplies to three major markets: industrial, commercial and residential. Rexel offers a wide range of innovative and sustainable products in the fields of energy management, automation and technical supply. The company delivers its services in 32 countries worldwide through an extensive network of 2,000 branches. Headquartered in Paris, France, Rexel has a team of 27,000 employees. Included to the CAC 60 Mid index, the Rexel share price (RXL) is set and traded on the Euronext exchange.
Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?
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