Rubis climbs after 'very good' H1 results, outlook hike
BUZZ-Rubis climbs after 'very good' H1 results, outlook hike ** Shares in Rubis RUBF.PA rise 4.6% after the French energy company posted half year results above forecasts and lifted its full year core profit guidance
** "Very good first-half results, exceeding our expectations," brokerage Portzamparc says in a note to investors
** Broker adds that the increase in volumes is amplified in the profit and loss account by the rise in margins, particularly in Africa and in bitumen
** Rubis raises its full year EBITDA target to €775 million-825 million ($900 million-958 million) from €740 million-790 million seen earlier
** Share on track for its best day since September 2025, if gains hold
($1 = 0.8605 euros)
(Reporting by Hugo Lhomedet)
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Rubis climbs after 'very good' H1 results, outlook hike