22,60 €
22,60 €

INVESTORS

REGULATED INFORMATION

Rubis: growth and quality of earnings – earnings per share up 23% – cash flow up 26%

March 14, 2013

Rubis has posted a record year with net profit of €94 million, up 31%, resulting from the successful integration of all the acquisitions made in 2011.

Cash flow (which rose by 26%) and earnings per share (up 23%) are witnessing the quality or earnings along with EBITDA (+14%) and EBIT (+10%) growth at constant perimeter showing the Group’s capacity to generate strong organic growth.

The Board of Management meeting which was held on March 13, 2013, has finalised the accounts for the year ending December 2012. Subsequently, the Supervisory Board has approved on March 14, 2013 the accounts. Statutory auditors are in the course of releasing a report stating that financials statements are giving a true a fair view of the operations.

 

In millions of euros 2011 2012 Change Change on a constant basis
Sales revenue

Gross operating profit (EBITDA)

Current operating profit (EBIT)

of which Rubis Energie

of which. Rubis Terminal

Net profit (Group share)

Cash flow

Capital expenditures

Earning per share (diluted)

Dividend per share (AGM proposal)
2,123

166

120

77

52

72

119

93

€2.36

€1.67
2,792

209

147

98

59

94

150

112

€2.91

€1.84
+31%

+26%

+22%

+27%

+14%

+31%

+26%

+23%

+10%
+13%

+14%

+10%

+11%

+10%

+15%





+9%

      –

 

With €970 million in shareholders’ equity, the financial structure at the end of the fiscal year resulted in a debt to equity ratio of 40%. Adjusted for the acquisition of Jamaica on December 31, the ratio of net debt to EBITDA reached the moderate level of 1.6.

When considering these results, however, it is worth taking into account the somewhat unfavourable external environment:

  •  the generally dismal world economy
  •  events effecting the supply logistics in all regions: chronic closures or stoppages in refineries resulting in additional costs in Europe, the Caribbean and Southern Africa;
  • volatile supply costs, which have risen by 14% since 2011;
  • a more unfavourable fiscal environment in France, which affected the net profit by around €4 million.

  

The performance achieved in 2012 can be attributed to the breakdown of assets by business line (distribution and logistics), by geographic region (developed and emerging countries), by customer segment (agricultural, industrials and residential) and the Group’s organization structure: decentralized and fragmented in multiple independent profit centers reducing though the dependency on economic cycles. 

The year 2012 saw a large number of acquisitions and investments, totalling €332 million.

Acquisitions (€220 million)

  •    Bahamas – Cayman Islands (Chevron): incorporation of distribution networks;
  •    Jamaica: acquisition of fuel and fuel oil distribution assets, in addition to the current assets held in the region;
  •    Turkey: investment in the Delta Rubis joint venture.

The buyout of Petroplus Reichstett was completed in early 2013, adding to the logistics and storage assets in Alsace.

Industrial investments (€112 million)

  •    Current investment and investment to support organic growth in various markets (€74 million);
  •    Turkey: the launch of work towards the Delta Rubis joint venture (€9 million);
  •    Rotterdam and Antwerp: expansion of site capacity (€29 million).

At the next General Meeting, a unit dividend of €1.84 will be proposed (i.e. an increase of 10%). The option to receive payment in the form of securities will help to reduce the Group’s future tax burden (a 3% contribution on amounts paid out).

Rubis remains confident about maintaining its historic rate of growth and pursuing its acquisition policy. 

Next update:

First quarter turnover: May 14, 2013 (at Bourse closing)

  

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PUBLICIS CONSULTANTS –  Lise Ardhuin        
Tel.: +33 (0) 1 44 82 46 95
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RUBIS – Bruno Krief
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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
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    You can unsubscribe from the financial communications mailing list by clicking on the dedicated hypertext link at the end of the e-mails.
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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

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  • 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;
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