Rubis Adr (RBSFY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

welcome to the ruby's first quarter 2026 trading update presentation for the first part of the conference call participants will be in listen only mode however during the questions and answer session participants are able to ask questions now I will hand the conference over to the speakers to begin today's conference please go ahead good evening ladies and gentlemen thanks for joining us today for ruby's q1 2026 trading updates Adr Adr Adr Adr Adr Adr Adr Adr Adr Adr This quarter was one of very strong operating performance again. The energy distribution business saw strong growth both on volumes and margins in all geographies. The volumes increased by 12% driven notably by aviation fuel and CNI in the Caribbean and bitumen in Africa and Europe. Overall unit margins were roughly stable at plus 1% versus previous year. And we observed three coherent months. March is in the continuity of January and February. However, we have seen over the last weeks of Q1 a few precautionary purchasing behaviors here and there, but nothing significant. Since January, we launched our vitamin business in Europe, which is performing well. In the renewable electricity production, our development continues in line with plants, with an increase of the sector portfolio of 6% versus December 2025, and 32% over a year, which is quite encouraging for the rest of the year. The CAI project, which is the second biggest PV plant in France, is expected to be fully commissioned by the end of Q2. One important fact also to underline is that none of our business is directly negatively impacted by the war in the Middle East. I remind you that we have no operation in the region. Our supply is managed at regional level and in the only region where we operate, which could be at risk, which is East Africa, ...