Rubis: H1 2024 Results [Yahoo! Finance]
RUBIS ADR (RBSFY)
NASDAQ:AMEX Investor Relations:
rubis.fr/en/publications/financial-reports
Company Research
Source: Yahoo! Finance
High cash flow generation: Operating cash flow at €352m, up 6% vs H1 2023 EBITDA at €358m, stable yoy on a comparable basis , -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/EBITDA 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 remai
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