Rubis Adr (RBSFY) Q1 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:01.728 -- 00:00:06.732 welcome to the ruby's first quarter 2026 trading update presentation for 00:00:06.732 -- 00:00:11.696 the first part of the conference call participants will be in listen only mode however 00:00:11.696 -- 00:00:16.901 during the questions and answer session participants are able to ask questions now 00:00:16.901 -- 00:00:21.104 I will hand the conference over to the speakers to begin today's conference please go 00:00:21.104 -- 00:00:22.686 ahead 00:00:22.686 -- 00:00:27.790 good evening ladies and gentlemen thanks for joining us today for ruby's q1 2026 00:00:27.790 -- 00:00:30.030 trading updates 00:00:30.664 -- 00:00:34.185 Adr Adr Adr Adr Adr Adr Adr Adr Adr Adr 00:00:50.807 -- 00:00:56.230 This quarter was one of very strong operating performance 00:00:56.230 -- 00:01:01.552 again. The energy distribution business saw 00:01:01.552 -- 00:01:07.935 strong growth both on volumes and margins in all geographies. 00:01:07.935 -- 00:01:13.118 The volumes increased by 12% driven notably by aviation 00:01:13.118 -- 00:01:19.235 fuel and CNI in the Caribbean and bitumen in Africa and Europe. 00:01:19.235 -- 00:01:24.620 Overall unit margins were roughly stable at plus 1% versus 00:01:24.620 -- 00:01:29.865 previous year. And we observed three coherent months. 00:01:29.865 -- 00:01:34.589 March is in the continuity of January and February. 00:01:34.589 -- 00:01:40.015 However, we have seen over the last weeks of Q1 a few precautionary purchasing 00:01:40.015 -- 00:01:44.997 behaviors here and there, but nothing significant. 00:01:45.480 -- 00:01:50.765 Since January, we launched our vitamin business in Europe, which 00:01:50.765 -- 00:01:54.088 is performing well. 00:01:54.088 -- 00:01:59.573 In the renewable electricity production, our ...