French energy distributor Rubis raised its full-year earnings guidance, with first-half profit up 17%, sending its shares up about 5%.
French energy distributor Rubis reported strong first-half results and raised its full-year outlook. For the six months ended June, the company's revenue increased by 24% to €4.07 billion, EBITDA rose by 18% to €434 million, and net profit attributable to shareholders grew by 17% to €191 million. As a result, management raised its 2026 EBITDA guidance to a range of €775 million to €825 million (previously €740 million to €790 million). Rubis shares rose by approximately 5% in Paris, as the company achieved profit growth through good inventory management and pricing despite high oil prices.
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