Sonepar Full-Year Report 2023

Sonepar, the world leader in B-to-B distribution of electrical equipment, solutions, and services has reported sales of €33.3 Bn for the year ended December 31, 2023.

In 2023, Sonepar grew faster than the market and completed 13 acquisitions, mainly in the USA, representing 1,143 new associates. These acquisitions generate in aggregate approximately €1 Bn in annual sales. 

The Group continued to leverage its transformation on a global scale, making progress in sustainability, social responsibility, supply chain, and digital. Its omnichannel platform achieved over €1 Bn in sales and is now live in six countries. As part of its supply chain modernization program, Sonepar completed 10 automation projects in Distribution Centers around the world.

Highlights

Leading the market: 

• #1 world leader 
• €33.3 Bn sales 
• €11 Bn online sales 

With a powerful network: 

• 40 countries 
• 45,000 associates 
• 85% engagement rate 
• 80 brands 
• 180 distribution centers 
• 2,400 branches 

For a positive impact: 

• Green Offer live in 6 countries 
• €2 Bn sales of Renewable Energy products 
• 2030 climate targets validated by the SBTi