Rubis Posts 7% Q3 Volume Growth and Reaffirms 2026 EBITDA Guidance of €775m-€825m

Rubis reported Q3 2026 volume growth of 7% and reaffirmed its 2026 EBITDA guidance of €775 million to €825 million, the company said in a GlobeNewswire release on November 3, 2026. The French energy operator distributes fuels, LPG and bitumen across 45 countries and produces solar electricity through Photosol.

Rubis Q3 Volumes and Margins

Rubis distributed 1,737 thousand m3 in Q3 2026, up from 1,622 thousand m3 a year earlier. Gross margin rose 10% to €228 million from €207 million. Bitumen volumes grew 82% to 203 thousand m3, and fuel volumes rose 2% to 1,182 thousand m3 with gross margin up 13% to €129 million. LPG volumes were stable at 352 thousand m3.

By region, Europe volumes rose 30% to 299 thousand m3, the Caribbean 6% to 651 thousand m3 and Africa 1% to 787 thousand m3. Africa gross margin increased 16% to €84 million.

At Photosol, assets in operation reached 805 MWp, up 27%, and the secured portfolio rose 20% to 1.5 GWp. Revenue rose 40% to €29 million. Photosol completed the farm-down of its Creil solar park to Banque des Territoires, which acquired a 49% interest.

Managing Partners Clarisse Gobin-Swiecznik, Jean-Christian Bergeron and Marc Jacquot said: "Rubis delivered another solid quarter, reflecting the strength of its diversified energy platform and the disciplined execution across geographies and business lines."

Rubis Conversion Plan and Records

On October 19, 2026, Rubis proposed converting into a French limited company (Société Anonyme) with a Management Board and a Supervisory Board. Completion depends on the Autorité des marchés financiers confirming no mandatory tender offer is required and on shareholder approval at a meeting expected on December 9, 2026.

According to akta.pro company records, Rubis reported record full-year 2025 EBITDA of €741 million and net income Group share of €309 million, up 19%. Q1 2026 revenue was €1.79 billion, up 6% year on year.

Rubis Guidance and Earlier Results

Rubis raised its full-year EBITDA forecast to €775-825 million after first-half profit jumped 18%, Investing.com reported in September 2026, with EBITDA of €434 million in H1 and revenue up 24% to €4.07 billion. Simply Wall St reported in October 2026 that first-half 2026 Photosol electricity generation was 343 GWh, up from 269 GWh a year earlier.

Rubis Shareholder Meeting Date

Rubis scheduled a Combined Shareholders' Meeting for December 9, 2026, and Q4 and full-year 2026 results for March 11, 2027.