Rubis upgrades 2026 EBITDA guidance to €825 million amid oil price rally
Rubis reports first-half 2026 revenue of €4,068 million and upgrades its full-year EBITDA target as strong demand drives results in the high-oil-price environment.
Rubis announced first-half 2026 financial results on September 8 with a revenue total of €4,068 million, an increase of 24% compared to the same period last year. EBITDA reached €434 million, marking an 18% rise year-over-year. Net income attributable to shareholders totaled €191 million, also up 17%. Adjusted cash flow from operating activities was €223 million, lower than the previous year due to higher working capital needs linked to elevated oil prices. The company holds €1,466 million in total net financial debt. Management confirmed a corporate net financial debt to EBITDA ratio of 1.3x as of June 2026. Managing Partners Clarisse Gobin-Swiecznik, Jean-Christian Bergeron, and Marc Jacquot highlighted the group's ability to deliver consistent results despite challenging conditions. Consequently, Rubis raised its full-year 2026 EBITDA guidance from €740 million to €790 million to a new range of €775 million to €825 million.
