Rubis Stock Up 4%, Approaching Resistance at €36.78 Following Q1 Results
Rubis marked one of the best performances in the SBF 120 this Tuesday, May 5th. The stock benefited from the release of its first-quarter activities, confirming the momentum in distributed volumes. The price is nearing and testing the technical resistance identified at €36.78, without surpassing it.
A Reassuring Quarterly Publication
The first quarter 2026 activity, unveiled this morning, showed a revenue of €1.79 billion, up by 6%, and a 12% increase in distributed volumes. Rubis has confirmed its 2026 targets, with an expected EBITDA between €740 and €790 million. The company reported no significant impact from geopolitical tensions in the Middle East on its operations, a sensitive issue given that Brent crude is trading around $108 per barrel. During this release, the group also highlighted sustained dynamics in the asphalt and aviation segments. The financial calendar remains busy, with a roadshow in Milan starting tomorrow, Wednesday, May 6th, followed by a conference in Geneva on May 19th and a roadshow in Madrid on May 20th.
The Stock Breaks Through Its Resistance at €36.78
At €36.66, the stock is up 4.09% and is testing its identified resistance at €36.78, previously the upper limit in recent months. The price is now above the upper Bollinger band set at €36.21, indicating a recent acceleration. Over three months, the stock has gained 5.83%, and 27.47% over the past year, compared to a 0.62% increase in the CAC 40 during the session. The next key event for shareholders is the Bernstein conference in Nice on May 21st.
