Rubis rises on 'excellent' H1 performance

Rubis SCA

09/09/2022 08:36

**  Shares in Rubis  RUBF.PA  are up almost 3%, after rising
as much as 5.5%, after the French energy storage group reported
H1 beat
    ** The company posted a 30% rise in its H1 EBIT to 244
million euros ($246.29 million)  urn:newsml:reuters.com:*:nTUC1YBJSP
    ** "Excellent half-year performance across all segments,"
said Portzamparc noting that EBIT beat consensus of 207 million
euros
    ** The brokerage also pointed to the distribution segment
which benefited from an unexpected 6% increase of unit margin
and a higher-than-anticipated progress of the segment in every
geographical zone
    ** The stock is among top performers on France's SBF 120
Index  .SBF120  


($1 = 0.9907 euros)

 (Reporting by Michal Aleksandrowicz)
 ((michal.aleksandrowicz@tr.com))