Distributing energy for everyday life

Key figures

 

  2021 2020 2019 2021
vs 2020
2021
vs 2019
 
Volumes
(‘000 m3)
5,401 5,049 5,494 +7% -2%
  • Record year for bitumen, recovering aviation
  • LPG and service station volumes close to pre-COVID level
Unit margin
(in €/m3)
117 123 120 -5% -3%
  • Very limited impact of rising oil prices
  • Adjusted for Haiti unit margin at €122 vs €117 reported, with Europe and Africa ahead of 2019 levels
EBIT (€M) 392 366 412 +7% -5%
  • Full 2021 COVID vs 8.5 months in FY 2020
  • 2021 vs 2019 - Strong bitumen and East Africa partially compensate COVID impact, Haiti and Madagascar 
Net income
Group share (€M)
293 280 307 +4% -5%
  • Rubis Terminal in JV since 30 April 2020(2)
Cash flow(1)  (€M) 465 433 461 +7% +1%
  • Solid cash-flow generation underlines quality of the results
(1) Cash flow, 2020 and 2019 excluding Rubis Terminal.
(2) Contribution of Rubis terminal to the net income Group share: a) in 2021: 12 months of JV with €4.7m contribution; b) 2020: 8 months of JV contribution at €4.3m and 4 months of net profit contribution of €17m; c) 2019: 12 months with net income from assets held for sale of €28m.