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REXEL :Q1 2014 RESULTS (unaudited)

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PARIS, April 30, 2014 (GLOBE NEWSWIRE) -- RETURN TO ORGANIC SALES GROWTH RESILIENT PROFITABILITY FULL-YEAR 2014 TARGETS CONFIRMED RETURN TO ORGANIC SALES GROWTH: +0.4% ON A CONSTANT AND SAME-DAY BASIS (including negative copper effect of 1.0 percentage point) Return to growth in Europe (+1.6%), driven by Northern and Central countries; French operations remained resilient (-0.4%) Asia-Pacific up 3.8%, driven by China, and Latin America up 3.0% North America (-2.7%) impacted by weather conditions RESILIENT PROFITABILITY WITH ADJUSTED EBITA MARGIN OF 4.5% Down 10bps year-on-year, mainly impacted by weather conditions in North America Supported by ongoing cost control FULL-YEAR 2014 TARGETS...

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