Rubis rises on better-than-expected FY core profit

Rubis SCA

14/03/2025 09:33

**  Shares in Rubis RUBF.PA rise 4% after the French liquid products distributor posted on Thursday better-than-expected FY core profit

** FY EBITDA came in at 721 million euros ($782.36 million), above consensus estimate of 703 million cited by Portzamparc

** Portzamparc describes the operational performance as "solid"

** The group eyes EBITDA of 710-760 million euros in 2025, compared to an estimate 734 million, Portzamparc says

** The stock is among top risers on France's SBF120 .SBF120 index and if gains hold it will see its best day since November

($1 = 0.9216 euros)

 (Reporting by Michal Aleksandrowicz)

 ((michal.aleksandrowicz@tr.com))