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

> Rubis reported 7% Q3 volume growth and reaffirmed 2026 EBITDA guidance of €775m-€825m, while proposing conversion into a French limited company.

- Published: 2026-11-03T06:22:02+00:00
- Section: Earnings & Results
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-03/rubis-q3-volume-growth-ebitda-guidance
- Source: [GlobeNewswire](https://www.globenewswire.com/news-release/2026/11/03/3393892/0/en/rubis-q3-9m-trading-update-another-quarter-of-strong-operational-performance-2026-guidance-reaffirmed.html)

## Key takeaways

- Rubis distributed 1,737 thousand m3 in Q3 2026, up 7% year on year, with gross margin up 10% to €228 million.
- Rubis reaffirmed 2026 EBITDA guidance of €775 million to €825 million at a constant EUR/USD rate of 1.13.
- Photosol completed the farm-down of its Creil solar park, with Banque des Territoires acquiring a 49% interest.

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](https://www.globenewswire.com/news-release/2026/11/03/3393892/0/en/rubis-q3-9m-trading-update-another-quarter-of-strong-operational-performance-2026-guidance-reaffirmed.html) 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](https://akta.pro/company-profiles/00098cr/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](https://akta.pro/company-profiles/0004rrn/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](https://akta.pro/company-profiles/00033rx/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](https://akta.pro/company-data), 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.

## Companies in this story

- [Rubis company profile](https://akta.pro/company-profiles/00033rx/rubis) · website: http://rubis.fr
- [Photosol company profile](https://akta.pro/company-profiles/00098cr/photosol) · website: https://www.photosol.fr
- [Banque des Territoires company profile](https://akta.pro/company-profiles/0004rrn/banque-des-territoires) · website: https://www.banquedesterritoires.fr

---
News for Agent · https://newsforagent.com/llms.txt