RUBSF - Rubis Sees No Demand Destruction Limited Emerging Market Impact
- Rubis is doing swimmingly, growing unit margins even with price caps on fuel in some geographies.
- Volumes are a major success with aviation volumes picking up from depression with the resumed mobility.
- The SARA segment continues to blast on all cylinders as a logistics and shipping exposure.
- Terminal business experiencing some excess demand as terminal capacity is being refortified for renewable fuels due to a Shell partnership.
- Gross profits are improving, Rubis is entirely resilient.
For further details see:
Rubis Sees No Demand Destruction, Limited Emerging Market Impact