INVESTORS

REGULATED INFORMATION

Rubis: rubis reports strong earnings growth for full-year 2007

Rubis reports strong earnings growth for full-year 2007

– 17% jump in revenue to €851.9 million – 22% expansion in net operating income to €53.7 million – 38% rise in net profit from continuing operations to €37.5 million – 14.5% increase in the dividend payout

Rubis generated strong earnings growth in 2007, despite soaring raw materials costs and unfavourable weather conditions. The company was able to overcome these challenges thanks to its balanced business model and regional diversification.

(million €)   2006   2007   Change  
Revenue   728.5   851.9   17%  
Gross operating income   64.0   79.8   25%  
Net operating income   44.2   53.7   22%  
Attributable net profit from continuing operations   27.3   37.5   38%  
Attributable net profit   30.5   37.5   23%  
Free cash flow   49.8   68.2   37%  
Capital expenditure   43.2   64.5   –  

The company’s 2007 data include the Bermuda operations acquired in October 2006, the European LPG businesses acquired in H1 2007, and the Rotterdam and Anvers terminals.

– Revenue jumped 17% to €851.9 million in 2007. At constant scope, revenue remained essentially flat at €716 million. – Net operating income grew 22%, or 17% at constant scope. – Attributable net profit from continuing operations surged 38% to €37.5 million. At constant scope, the increase was 23%. – Capital expenditure totalled €64.5 million, and was related primarily to maintenance and renovation work at Dunkerque and Norgal, the new terminals at Rotterdam and Anvers, and purchases. – Equity rose from €344 million to €430 million, and includes the proceeds from a €50 million share issue carried out in June 2007. – Debt edged up from €82 million to €93 million, shrinking the debt-to-equity ratio to 22%.

2007 Business review

– Rubis Terminal – Bulk liquid storage

Rubis Terminal secured a foothold in the ARA region (Amsterdam, Rotterdam, and Anvers), one of the largest port regions in the world, with the construction of a storage terminal in Rotterdam for chemicals and petroleum products. The first section will go into service in May 2008, and will provide over 80,000 m3 of storage capacity.

Rubis also owns an 8 ha site at the Anvers port and is working with Mitsui of Japan to build a new, 100,000 m3 petrochemicals warehouse. Work is scheduled to begin in late 2008 for start-up by end-2009.

Revenue from the bulk liquid storage business grew 8% in 2007. Net operating income edged up 3% to €26 million; however, after adjusting for the large construction projects at Rotterdam and Anvers and non-recurring maintenance work at Dunkerque, net operating income rose 14%.

Thanks to its strategic locations, substantial capital expenditure (€36 million in 2007, including €23 million for the Rotterdam terminal), and steady revenue growth, Rubis Terminal is well-poised to benefit from growing international trade – especially in the biofuels sector – and enhance its leadership position.

– Rubis Energie – LPG and petroleum product distribution

In the first half of 2007, Rubis Energie reinforced its presence in Europe by acquiring five LPG distribution businesses from Shell. Rubis Energie also teamed up with BP in France to form Frangaz, a joint venture designed to penetrate the market for LPG cylinders sold in hypermarkets and provide a novel approach to the lucrative retail sector. Frangaz has already won contracts to supply Intermarché and Casino with butane and propane cylinders to be sold under the Energaz and Casino brands, respectively.

Revenue at Rubis Energie soared 28% in 2007, fuelled by the introduction of the Vito brand in the Caribbean, the successful integration of the Bermuda operations, and buoyant sales in Africa. These factors largely offset weakness in France in the first half of the year due to unfavourable weather conditions. Net operating income at Rubis Energie climbed 36%, or 24% at constant scope.

These strong results underscore Rubis’ ambition and ability to further expand into the rapidly-changing downstream oil and chemicals industries worldwide.

Based on its earnings for the full-year, the company will propose a dividend of €2.45 per share, a 14.5% increase from 2006, at the General Meeting on 12 June 2008.

Next trading update: Q1 2008 revenue on 14 May 2008

Press Contact Annie Fournier Comfidance +33 (0)1 56 21 20 14 a.fournier@comfidance.com

Analyst Contact Bruno Krief Rubis +33 (0)1 44 17 95 95

Contacts

Head Office

Investor Relations

Shareholder Relations

To become a shareholder

ct-contact@uptevia.com

Shareholders’ Meeting

ct-assemblees@uptevia.com

Press Relations

Personal data

PERSONAL DATA PROTECTION POLICY

Last update: 13/11/2019

Rubis SCA (hereinafter referred to as “Rubis”) attaches great importance to the protection of your personal data (hereinafter referred to as “Personal Data”), which refers to any information relating to an individual, provided voluntarily by them or collected as part of their browsing on the website www.rubis.fr (hereinafter referred to as “the Website”).
The purpose of this notice is to describe how Rubis processes Personal Data collected when you use the www.rubis.fr website and to inform you of your rights under data protection regulations.

1. Purpose of collecting Personal Data and retention period

  • Financial communications mailing list
    Rubis collects Personal Data (gender, surname, first name, email address, country of residence, language) via the online form that allows you to subscribe to its financial communications email list. The Personal Data collected is kept for as long as you are subscribed to this mailing list and is archived in accordance with current regulations.
    You can unsubscribe from the financial communications mailing list by clicking on the dedicated hypertext link at the end of the e-mails.
  • Cookies
    In order to offer you a better service, Rubis compiles statistics and measures the audience for the Website. To enable statistical analysis, the Website provider uses the services of etracker GmbH, which installs cookies (small text files stored by the Internet browser on the user’s device). Data generated with etracker GmbH is processed and stored exclusively by etracker GmbH. It is processed in accordance with Article 6 of the General Data Protection Regulation.
    A window is automatically displayed when you first log on to the Site detailing the types of cookies installed and allowing you to select those whose use you accept. Please note that cookies may be stored temporarily (for as long as your web browsing session is open), or may have a longer lifespan, depending on their settings and those of your web browser.
    You may refuse to accept cookies (although their non-installation may limit certain functions of the Site). The configuration of browsing tools for this purpose is described by the Commission Nationale de l’Informatique et des Libertés (CNIL), at the following address (french only): https://www.cnil.fr/fr/cookies-et-autres-traceurs/comment-se-proteger/maitriser-votre-navigateur

2. Recipients of Personal Data

The Personal Data collected is processed by Rubis or, where applicable, by a service provider bound by contract to respect its confidentiality and security and to use it only for the purposes of the task entrusted to it. Rubis undertakes not to sell, rent or transfer it to third parties.

3. Storage and hosting of Personal Data

Personal Data collected by Rubis is stored and hosted on secure servers located in the European Union.

4. Security of Personal Data

Rubis implements appropriate measures to preserve the security, confidentiality and integrity of Personal Data, in particular to prevent it from being distorted, damaged or accessed by unauthorised third parties.

5. Enforceable rights with regard to the protection of Personal Data

The regulations give you the following rights with regard to your Personal Data:

  • a right of access, rectification and deletion;
  • the right to object to or limit the collection of personal data;
  • a right to portability ;
  • the right to determine what happens to your data after your death;
  • the right to lodge a complaint with a supervisory authority.

For more information, visit the following page on the CNIL website (french only): https://www.cnil.fr/fr/les-droits-pour-maitriser-vos-donnees-personnelles .

6. Contact

You can contact Rubis at the following address: communication@rubis.fr.

Legal information

Last update: 3/11/2023

IDENTIFICATIONS

Website publisher: RUBIS SCA, hereinafter the “Company”

SCA with share capital of 128,691,957.50 euros

Registered office: 46, rue Boissière – 75116 Paris, France
784 393 530 RCS Paris

LEI code: 969500MGFIKUGLTC9742

VAT number: FR 81784393530

Tel: +33 (0)1 44 17 95 95

Director of publication: Jacques Riou

Technical designer of the website: Agence TAKA (https://wearetaka.com/)

Limited liability company (SARL) with capital of €5,500

Registered office: 2 place Jules Gévelot – 92130 Issy les Moulineaux, France
512 910 704 RCS Nanterre

VAT number: FR75512910704

Tel: +33 (0)1 74 31 35 50

Website host: EQS Group AG

Registered office: Karlstraße 47 – D-80333 Munich, Germany

Tel: +49 (0) 89 210298-0

Fax: +49 (0) 89 210298-49

E-mail: contact@eqs.com

PURPOSE OF THE WEBSITE AND UPDATES

The purpose of the www.rubis.fr website is to provide all interested parties (hereinafter referred to as “users”) with information on the activities and results of the Company and the companies it directly or indirectly controls within the meaning of French law. The website, including this legal notice, may be updated at any time.

INTELLECTUAL PROPERTY

The information and documents available on the website (including the texts, images, photographs, videos, sounds, databases, company names, logos, products and brands mentioned) are either the exclusive property of the Company or one of the companies it controls, or are subject to rights of use, reproduction and representation or copyrights. Any reproduction, representation or use is prohibited without the express authorisation of the Company.
Copyright of images produced on the website:
© Gilles Dacquin
© Rubis group photo library

RSS FEED

Users can access information available on the website via an RSS feed. The use of this right is granted by the Company for individual and non-commercial purposes only, provided that the website URL is clearly mentioned.

PROTECTION OF PERSONAL DATA AND COOKIES

Rubis may need to collect your personal data in order to respond to a request from you. This data is processed by Rubis or, where applicable, by a service provider bound by contract to respect its confidentiality and security and to use it only for the purposes of the assignment entrusted to it. Rubis undertakes not to sell, rent or transfer it to third parties.

In accordance with current regulations, you have the right to access, rectify, delete and object to your personal data.

In order to offer you a better service, Rubis compiles statistics and measures the audience for the Website. To enable statistical analysis, the Website provider uses the services of etracker GmbH, which installs cookies (small text files stored by the Internet browser on the user’s device). Data generated with etracker GmbH is processed and stored exclusively by etracker GmbH. Data is processed in accordance with Article 6 of the General Data Protection Regulation.

We inform you so that you may refuse to accept these cookies. However, the non-installation of a cookie may limit certain functions of the Site. The configuration of the navigation tools is described at https://www.cnil.fr/fr/cookies-les-outils-pour-les-maitriser .

WARNING

The Company declines all responsibility:

  • in the event of imprecision, inaccuracy or omission concerning information or documents available on the website, including computer links (hypertext links, etc.) used by or referring to the website;
  • in the event of direct or indirect damage, whatever the causes, origins, nature or consequences, resulting from access to the website or the impossibility of accessing it, from its use or from the credit given to any information or document originating directly or indirectly from the website (these in no way constituting an invitation to invest, a form of canvassing or a public offer of financial instruments).

Sign up to receive an email
as soon as new information is
published on our company

In accordance with the General Data Protection Regulation, you have the right to access, rectify and delete your data by contacting us at communication@rubis.fr and by clicking on the unsubscribe link in communications.

You have the right to access, modify, rectify and delete data concerning you (French Data Protection Act of 6 January 1978). To exercise this right, all you have to do is unsubscribe from your subscriber file or make a request by e-mail to the company Actusnews Wire, provider of the “Publication Alert” service

Se désabonner


Skip to content