RUBIS: Rubis revises 2024 financial guidance

Today, Rubis has revised its 2024 financial guidance as follows:EBITDA : €[675-725]m from €[725-775]mNet income Group share(including a €83m net capital gain from Rubis Terminal disposal): €[340-375]m from “stable” vs €354m in FY 2023 Dividendper share: unchangediegrowing vs 2023, in addition to the €0.75 interim dividend related to Rubis Terminal divestment The downward revision of theEBITDAguidance stems from a highly volatile macro-environment combined with...

Paris, 31/10/2024 (informazione.it - comunicati stampa - economia)

Today, Rubis has revised its 2024 financial guidance as follows:

The downward revision of the EBITDA guidance stems from a highly volatile macro-environment combined with specific operational headwinds:

Net income Group share guidance is updated with a mid-range in line with what was previously communicated. It includes a higher Rubis Terminal capital gain due to the ticking fee reflecting the delayed closing of the operation.

The financial result is expected above previous estimates, partially offsetting the EBITDA underperformance:

Dividend remains a priority for the Group and its growth for 2024 is confirmed.

More details on Q3 & 9M 2024 trading update will be disclosed on 5 November 2024 (after market close), followed by a conference call for analysts and investors.

Upcoming events

Q3 & 9M 2024 Trading Update: 5 November 2024 (after market close)

FY 2024 results: 13 March 2025 (after market close)

  

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