Rubis Terminal enjoyed an excellent start to the financial year (revenues up 12%), benefitting
from a strong stream of imports of petroleum products linked to restructuring in the refining
sector. It continued work to expand the Rotterdam site and construction of the Antwerp terminal.
Storage, the main business of the Rubis Terminal centre, measured in revenues, continued to grow at a strong
rate: up 9% in France and up 12% overall, incorporating activity at Rotterdam (+51%).
Over the same period, Trading revenue was €49m (+76%), being reminded that profit contribution from
wholesale activity remains marginal.
Storage revenue in the quarter reached €23m, up 12%.
The start to the year is positive in all segments: oil (+14%), chemical (+11%) and catching up in edible oils.