Anzeige
Mehr »
Login
Freitag, 29.03.2024 Börsentäglich über 12.000 News von 687 internationalen Medien
Spezial am Donnerstag: Rallye II. - Neuer Anstoß, News und was die Börsencommunity jetzt nicht verpassen will…
Anzeige

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Fonds

Kurs

%

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche
GlobeNewswire (Europe)
259 Leser
Artikel bewerten:
(0)

RUBIS: SALES REVENUE: +36% - GLOBAL BUSINESS VOLUME: +28%


9 November 2017, 5.35 p.m.

The third quarter of 2017 went well, with an overall business indicator up 28%, of which +5% on a like-for-like basis:

  • Rubis Énergie registered a 32% increase in retailed volume, integrating the fuel oil distribution activities acquired in Haiti (May 2017) and Madagascar (July 2017). Growth came to 3% on a like-for-like basis;
  • Rubis Support and Services, which includes Sara (refinery in French Antilles) and the fuel shipping and supply activities, delivered revenue of €253 million, amid firm business (+60%);
  • Rubis Terminal (including equity consolidated terminals) recorded growth of 13% in storage revenue of which +5% in France and +30% outside France.

The Group managed to maintain its unit margins in a period marked by a sharp rise in list prices for fuel products (propane: up 51%).

Q3-2017Cumulative 9 months
to 30 September
Revenue (in €m)2017Change2017Change
Fuel distribution680+28%1,950+24%
Europe 130 +8% 406 +8%
Caribbean 374 +28% 1,062 +27%
Africa 176 +51% 481 +34%
Support and Services253+73%627+51%
Bulk liquid storage74+15%245+18%
Bulk liquid services and storage 44 +30% 130 +34%
Fuel wholesale 30 -1% 116 +5%
Total consolidated revenue1,008+36%2,823+29%

Aside from the acquisitions announced since 30 June 2017: Galana (Madagascar) and Repsol (Portugal) in July 2017 and Euro Garages (Corsica) in October 2017, there were no events that could have materially impacted the Group's financial structure, which was solid at quarter end.

Rubis Énergie: fuel distribution

Volumes sold in retail distribution by Rubis Énergie for the period increased by 32% to 1,043,000 m3. Volumes rose by 3% on a constant scope.

Geographical volumes breakdown
(retail distribution)

(in '000 m3)Q3-2016Q3-2017ChangeLike-for-like change*
Europe 178 184 +3% +3%
Caribbean 402 558 +39% +3%
Africa 210 301 +43% +3%
TOTAL7911,043+32%+3%

* Adjusted for changes in scope and exceptional delivery contracts

·Europe: sales volumes rose by 3% to 184,000 m3. The third quarter comes just before the heating season in Europe, which means that it is traditionally subdued in terms of energy consumption. Intake of new contracts remained strong.

·Caribbean: sales volumes climbed 39% to 558,000 m3, buoyed by Dinasa in Haiti. On a constant scope basis, and stripping out the effect of exceptional delivery contracts, volumes rose by 3%, with a strong aviation segment. New contracts production remained strong despite the knock-on effects of the hurricanes in September.

·Africa: volumes grew by 43% to 301,000 m3 including Galana (fuel distribution) in Madagascar. At constant scope fuel and LPG volumes were stable overall while bitumen volumes continued to pick up (rising 16%) in a quiet period due to the rainy season in West Africa.

Rubis Support and Services: refining, trading-supply and shipping

Support and Services revenue includes revenue from Sara (refinery in the French Antilles) and from all shipping, trading and supply operations, totalling €253 million (up 73%).
Fuel supply involved a total volume of 549,000 m3, up 60% during the period.

Rubis Terminal: bulk liquid storage

Rubis Terminal published figures reported €44 million in revenue from bulk liquid services and storage, up 30% (and 10% like-for-like).

Total storage revenue (including equity consolidated terminals) rose by 13% to €51 million.

  • in France, total revenue rose by 5% split between:
    • oil revenue, which accounts for close to 80% of the total, increased by 5%, a good performance in a French market in which oil product deliveries rose by 3%,
    • fertilizer revenue increased by a very firm 8% during the quarter,
    • chemicals revenue continued to pick up, climbing 21%;
  • in the ARA region (Rotterdam and Antwerp), the 34% rise in revenue was in line with the expansion of new leased capacity, with a high utilisation rate;
  • at Ceyhan (Turkey), revenue recorded strong growth (up 28%), amid firm demand for the transit of crude and refined products from and into Iraq.

Fuel wholesale turnover reached €30 million, stable over the period.

Next publication:

Fourth quarter 2017 revenue: 9 February 2018 (after the close of the market)

"Thomson Reuters 2017 top 100 Global Energy Leader"

Media contactAnalyst contact
PUBLICIS CONSULTANTS - Aurélie Gabrieli RUBIS
Tel: +33 (0)1 44 82 48 33 Tel: +33 (0) 1 44 17 95 95
Download (http://hugin.info/143569/R/2148707/824426.pdf)



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: RUBIS via Globenewswire

Großer Dividenden-Report 2024 von Dr. Dennis Riedl
Der kostenlose Dividenden-Report zeigt ganz genau, wo Sie in diesem Jahr zuschlagen können. Das sind die Favoriten von Börsenprofi Dr. Dennis Riedl
Jetzt hier klicken
© 2017 GlobeNewswire (Europe)
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.