Rubis reported a steady financial performance in H1 2025, with EBITDA increasing by 3% to €369m. Net income Group share also rose by 26% to €163m, reflecting the company’s diversified business model. Cash flow from operations remained strong at €276m, showcasing the soundness of Rubis operations amidst volatile market conditions.

The company’s balance sheet remained robust, with a Corporate Net Financial Debt to EBITDA ratio of 1.4x at Jun-2025. Total Net Financial Debt decreased by 6% to €1,405m compared to Jun-2024. Despite challenges in the market environment, Rubis reiterated its 2025 guidance, maintaining confidence in its growth strategy.

In terms of commercial performance, Rubis saw positive growth in volume and gross margin across all regions and products in H1 2025. LPG demand increased slightly, with strong performances in France, South Africa, and Europe. The fuel business also performed well, especially in Africa and Madagascar.

Rubis’ Renewable Electricity Production division, Photosol, saw significant growth in assets and revenue in H1 2025. The company installed 84MWp, leading to a 32% increase in assets in operation. Revenue for the division stood at €31m, up 27% from H1 2024. The Power EBITDA for Photosol also increased by 38%.

Overall, Rubis remains confident in its outlook for 2025, with Group EBITDA expected to be between €710m to €760m, assuming constant hyperinflation impact. The company’s non-financial ratings also remained strong, with MSCI rating at AA and Sustainalytics rating at 29.2. Rubis continues to focus on disciplined investments and steady growth in its core business lines.

Read more at GlobeNewswire: RUBIS: H1 2025 Results – Robust performance underscoring