2022

HALF-YEAR RESULTS

8 September 2022

HIGHLIGHTS

As of 30 June 2022

2022 Half-year Results

HIGHLIGHTS

AS OF 30 JUNE 2022

H1 2022: excellent results

Volume growth (+7%) and solid unit margin (+6%)

Double-digit earnings growth, exceeding pre-Covid level

Solid balance sheet (corporate net financial debt/EBITDA): 2,1x

Strategic acquisition in renewable energy

Completion of Photosol acquisition

3

Presentation & Strategy

Retail & Marketing

Support & Services

Renewable Energy

Rubis Terminal JV

Results

ESG

Outlook

2022 Half-year Results

HIGHLIGHTS

KEY FIGURES SHOW SOLID PERFORMANCE

H1

H1

2022

2022

2022

2021

vs 2021

vs 2019(1)

VOLUMES ('000 m3)

2,826

2,650

+7%

+8%

All regions and segments with solid performance

Main contributors - aviation in the Caribbean region and service

stations in East Africa

UNIT MARGIN (in €/m3)

130

122

+6%

-6%

Excellent unit margin in the challenging context

All regions with positive development

EBITDA (€m)

314

257

+22%

+16%

Double-digit growth at Retail & Marketing and Support & Services;

first time contribution from Photosol

EBIT (€m)

244

188

+30%

+14%

All regions with strong development, especially Caribbean

NET INCOME (€m)

170

136

+25%

+8%

Net income significantly above previous year and ahead of record

2019 (pre-Covid level)

ADJ. NET INCOME (€m)

169

144

+17%

+10%

Net income adjusted for non-recurring items (Photosol acquisition,

ADJ. EPS (€)

1.64

1.37

+20%

+5%

divestment by Rubis Terminal JV operations in Turkey), IFRS 2

4

(1) Change 2022 vs 2019 excluding Rubis Terminal - for more details please refer to slide 34 in Appendix.

Presentation & Strategy

Retail & Marketing

Support & Services

Renewable Energy

Rubis Terminal JV

Results

ESG

Outlook

2022 Half-year Results

ACTIVITIES AND JOINT-VENTURE

STRATEGY EVOLUTION

RETAIL & MARKETING - SUPPORT & SERVICES

FOCUS ON CONTINUING DEVELOPMENT AND OPERATIONAL EXCELLENCE/DECARBONISATION

  • Distribution of energy and bitumen B2C and B2B
    • LPG - lower carbon-intensive solution in rural areas in Europe, cleaner energy in Africa/Caribbean
    • Service stations - supporting growing mobility demand in Africa and Caribbean
    • Bitumen - road infrastructures in Africa

FROM SUPPLY TO END CUSTOMER

Africa, Caribbean, Europe

5 (1) Accounted to the equity method since 30/04/2020.

RENEWABLE ENERGY

ACCELERATING DEVELOPMENT OF RENEWABLE ENERGY SEGMENT

  • Renewable electricity
    • From 330 MW installed capacity as of H1 2022 to 2.5 GW by 2030

RUBIS RENOUVELABLES

France (Photosol), Caribbean (HDF Energy)

STORAGE(1) (JV)

EXPANSION AND PORTFOLIO

OPTIMISATION

  • Non-fuelsegment >55% of total storage revenues - biofuels, chemicals, agrifood

JOINT-VENTURE

France, Belgium, Spain

The Netherlands

Presentation & Strategy

Retail & Marketing

Support & Services

Renewable Energy

Rubis Terminal JV

Results

ESG

Outlook

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Rubis SCA published this content on 09 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 September 2022 07:29:10 UTC.