CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 75-95% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Open platformOpen platform

Rubis rises on 'solid' Q3, fuelled by rising energy demand

By Reuters News

** Shares in Rubis RUBF.PA rise 2.7% after the French energy distributor reported Q3 revenue above expectations

** Q3 revenue came in at €2.28 billion ($2.55 billion), up 44% year-on-year, versus Portzamparc estimate of €2.21 billion

** The broker calls the quarterly performance "solid", attributing it to a sharp increase in bitumen volumes, supported by the ramp-up of its European platform, and strong demand in Africa

** Gross margin grew 10%, notably in fuels and bitumen, while the solar unit Photosol also outperformed expectations, according to Portzamparc

** The company confirms its FY EBITDA guidance of €775 million to €825 million

** Including today's gains, the stock is up 11.5% year-to-date



($1 = 0.8937 euros)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.