Rubis: Deceleration In Caribbean, Negative Togo And South Africa Bitumen Mix
Source: SeekingAlpha
2025-03-14 10:33:12 ET
Summary
- The facts to call out are that the Caribbean's growth is decelerating and there is emerging negative mix pressure on the bitumen business.
- Photosol has latent revenue growth since capacity increases haven't been met with revenue increases yet due to weather issues. Though inflation is hitting development returns.
- Nonetheless, Rubis is an infrastructure play and its operations are generally stable and resilient, and there are secular benefits they have in African exposures through products like bitumen.
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Rubis: Deceleration In Caribbean, Negative Togo And South Africa Bitumen Mix
Rubis ADR
NASDAQ: RBSFY
RBSFY Trading
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