Rubis: net income up 23% in 2019
(CercleFinance.com) - On Thursday evening, storage and distribution company Rubis announced consolidated sales of 5.
2 billion euros in 2019, up 16% compared to 2018. However, sales fell by 5% like-for-like.
Underlying operating income was up 17% at 412 million euros, for net profit, group share that is up 23% at 307 million euros.
"Momentum in the first weeks of 2020 has been good in what is a very uncertain global environment. The Group has introduced precautionary sanitary measures in response to the coronavirus outbreak. The distances between the various Group sites and its organization into independent local units makes it easier to handle this new risk," the group said.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
2 billion euros in 2019, up 16% compared to 2018. However, sales fell by 5% like-for-like.
Underlying operating income was up 17% at 412 million euros, for net profit, group share that is up 23% at 307 million euros.
"Momentum in the first weeks of 2020 has been good in what is a very uncertain global environment. The Group has introduced precautionary sanitary measures in response to the coronavirus outbreak. The distances between the various Group sites and its organization into independent local units makes it easier to handle this new risk," the group said.
Copyright (c) 2020 CercleFinance.com. All rights reserved.