Rubis Adr (RBSFY) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Ruby third quarter 2025 presentation. For the first part of the conference, the participants will be in listen-only mode. During the questions and answers session, participants will be able to ask questions by filling in the form at the bottom of the live page or orally by clicking on the participation button in the player labeled as request to speak. Now, I will hand the conference over to your host, Mark Jaco, managing partner and group CFO, to begin today's conference. Please go ahead. Good evening, ladies and gentlemen. Thanks for joining us today for Rubis Q3 and 9 Months 2025 Trading Updates. I am Marc Giacco, Managing Partner and Chief Financial Officer of Rubis, and I'm joined today by Clémence Mignot-Duperrot, Head of Investor Relations. Together, we'll walk you through Rubis Financial Performance for the third quarter of 2025. I am on slide two. This third quarter was another one of robust operational performance delivered in a period of lower oil prices and adverse EURUSD environments. Before diving into the details, it's important to remind that revenue trends are not a meaningful indicator of previous performance, as they primarily reflect movement in all prices with no direct impact on our margins. What truly matters is our ability to manage inventories efficiently and capture value growth through disciplined pricing. And once again, this quarter, the group's solid operational execution more than offset the unfavorable impact of the weak U.S. dollar. From an operational standpoint, the energy distribution business delivered strong growth in both volumes and unit margins across all products. Volumes were up 6%, with overall unit margin increasing by 3%, leading to total margin increasing by 9% year-on-year. Let me highlight a few key drive...