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RUBI Rubicon Divers.

4.075
0.00 (0.00%)
21 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rubicon Divers. LSE:RUBI London Ordinary Share GB00B17BLJ81 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 4.075 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 4.075 GBX

Rubicon Software (RUBI) Latest News

Real-Time news about Rubicon Divers. (London Stock Exchange): 0 recent articles

Rubicon Software (RUBI) Discussions and Chat

Rubicon Software Forums and Chat

Date Time Title Posts
21/11/202403:26RUBIS: Liquide Petroleum Gas(LPG)250
07/8/201207:07Rubicon - Stelios (of Easyjet) and Fastjet.com 2012271
22/1/201217:22MKT CAP 450K14
14/1/201219:44Rubicon with Charts & News357
26/8/200919:005 year contract/1 mill a year66

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Rubicon Software (RUBI) Most Recent Trades

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Rubicon Software (RUBI) Top Chat Posts

Top Posts
Posted at 21/11/2024 00:17 by waldron
Rubis: big announcement to come?
JB.A. Published on 20/11/2024 at 11:08am

(Boursier.com) - Up by more than 6% at the start of the session, Rubis was only up by 1% at €23.20 at the end of the morning...

According to information revealed last night by Bloomberg, the fuel distributor is considering various options, including a potential sale of the company.

According to people close to the matter quoted by the agency, the group is working with advisers and has contacted potential suitors to assess their interest in Rubis, whose shares have fallen by around two-thirds in the last six years.

Consideration is at an early stage and Rubis may decide not to move, the sources said.

A Rubis representative declined to comment, adding that the company ‘has been the subject of regular rumours in recent months’.

Rubis is worth around €2.4 billion on the stock market.

Portzamparc points out that Rubis' capitalisation has recently fallen back to low levels (PE of 8, Ebit of 7X over 2025).

We seem to be in the early stages of a review, but this could revive interest in the company.

We therefore remain Buy on the shares, with a target price of €33.

Translated with DeepL.com (free version)
Posted at 15/11/2024 23:13 by florenceorbis
OUTLOOK

As exposed on 31 October 2024, following:

the recent escalation of conflicts in the Middle East and consequent strong fluctuations in oil prices impacting fuel distribution margins in the short term;

the delayed adjustment in the pricing formula for retail distribution in Kenya;

lower bitumen trading activity;

partially offset by improved financial result and Rubis Terminal disposal capital gain;

Rubis has revised its 2024 financial guidance as follows:

EBITDA: €[675-725]m from €[725-775]m;

Net income Group share (including a €83m net capital gain from Rubis Terminal disposal): €[340-375]m from “stable” vs €354m in FY 2023;

Dividend per share: unchanged i.e., growing vs 2023, in addition to the €0.75 interim dividend related to Rubis Terminal divestment.
Posted at 06/11/2024 02:46 by la forge
Rubis announces Q3 2024 sales of €1,630m, up 2% on the same period last year


By Claude Leguilloux Published on 05/11/2024 at 23h24


(Boursier.com) - The Rubis Group has announced Q3 2024 sales of EUR 1,630 million, up 2% on Q3 2023, driven by higher volumes in Africa.

Forecasts for 2024 were revised on 31 October to reflect the sudden change in oil prices, the delay in adjusting the pricing formula in Kenya and the decline in bitumen trading.


An interim dividend of €0.75 per share will be paid on 8 November.

Translated with DeepL.com (free version)
Posted at 08/9/2024 08:05 by misca2
Rubis share price falls as Oddo BHF lowers forecasts

The 06 September 2024 at 17:48

The share price falls by more than 10% after the publication of its results.

Following this publication, Oddo BHF has maintained its ‘outperform217; rating on the stock, with a target price reduced from €39 to €35.

Last night, Rubis published net profit down 24% year-on-year (-4% on a like-for-like basis), below Oddo BHF's expectations, which was somewhat surprised by the operating performance of its divisions.

While the 2024 guidance has been confirmed, the analyst has revised his earnings forecasts downwards, with EBITDA down 4% and net profit down 15% on average over 2023-2025 on a like-for-like basis.

The strategy pursued to date is not bearing fruit, which could prompt activist shareholders to step up their pressure’, concludes the broker.

CercleFinance.com.

Translated with DeepL.com (free version)
Posted at 06/9/2024 03:00 by waldron
(Boursier.com) - Rubis announces a solid operating performance after a record first half of 2023, helped by continued strong activity in the Caribbean.

The Group highlights strong operating cash flow generation of ME 352, up 6% compared with H1 2023.

Gross operating profit (EBITDA) was €358m, stable versus H1 2023 on a like-for-like basis and down 12% versus H1 2023.

Net profit (Group share) came to €130m, down 4% on a comparable basis and down 24% on H1 2023.


The balance sheet remains healthy at 1.6x corporate net debt.

The 2024 targets are confirmed, with renewed confidence in the payment of a growing dividend.

Translated with DeepL.com (free version)
Posted at 05/9/2024 17:34 by waldron
OUTLOOK

After a very solid performance in H1 2024, the Caribbean region will continue to deliver strong growth. Europe positive operating momentum will also continue. The economic situation in Africa remains unstable, in Kenya in particular.

The acceleration of development costs in the Renewable division will weigh on 2024 and 2025 EBITDA, paving the way for future growth.

As a result, the guidance provided to the market for 2024 is reiterated with a Group EBITDA expected to reach €725m to €775m. Net income Group share should remain stable despite the first-time application of the Global Minimum Tax representing an impact estimated between €20m and €25m. Confidence in dividend growth is also renewed.
Posted at 05/9/2024 17:28 by waldron
Rubis: H1 2024 Results

September 05, 2024 11:45 ET | Source: Rubis

Share

Paris, 05 September 2024, 5:45pm

Solid operating performance after a record H1 2023, underpinned by a continued high level of activity in the Caribbean

High cash flow generation: Operating cash flow1 at €352m, up 6% vs H1 2023

EBITDA at €358m, stable yoy on a comparable basis2, -12% vs H1 2023

Net income Group share at €130m, -4% on a comparable basis, -24% vs H1 2023

Healthy balance sheet: 1.6x corporate net financial debt/EBITDA3

2024 Guidance reiterated – renewed confidence in dividend growth

On 5 September 2024, Clarisse Gobin-Swiecznik, Managing Partner, commented: “Following a record-breaking 2023, we have delivered strong operational results in the first half of this year.

We achieved strong performance in the Caribbean hampered by challenges in Kenya and Nigeria.

Photosol development is progressing as planned.

These investments, which are crucial for securing future growth are underway.

Our robust cash flow generation reflects the strength of our Group and supports our growing dividend policy.

Despite a few exceptional items affecting our bottom line, I am confident that we will meet our full-year guidance and remain optimistic about the Company’s continued growth and future development.”
Posted at 04/6/2024 11:53 by waldron
Oddo BHF Lifts Rubis PT, Affirms Outperform Rating

June 04, 2024 at 07:46 am EDT

(MT Newswires) -- Oddo BHF on Tuesday raised its price target on French energy operator Rubis (RUI.PA) to 39.00 euros from 36.00 euros and maintained its outperform rating.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here:
Posted at 22/5/2024 18:08 by waldron
Analysts' Consensus

Mean consensus
BUY

Number of Analysts
7

Last Close Price
32.48 EUR

Average target price
36.9 EUR
Spread / Average Target
+13.61%

High Price Target
56 EUR
Spread / Highest target
+72.41%

Low Price Target
26 EUR
Spread / Lowest Target
-19.95%
Posted at 08/3/2024 07:31 by waldron
Rubis: 35% growth in net income by 2023

March 08, 2024 at 02:02 am EST

Rubis reports record net income (group share) of 354 million euros for the past year, up 35% despite negative currency effects, as well as record gross operating income, up 19% to 798 million.

At 6.63 billion euros, sales were down 7%, although the energy group boasted a sustained performance from its historical businesses, as well as a portfolio of secured projects from Photosol to 893 MWp, up 77%.

The management proposes a further increase in the dividend per share, from 3% to 1.98 euros for 2023. For 2024, Rubis expects its EBITDA to reach 725 to 775 million euros, and its RNPG to remain stable.

CercleFinance.com.
Rubicon Software share price data is direct from the London Stock Exchange

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