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ADNOC Distribution records highest profits in its history |
ADNOC Distribution Records Highest Half-Year Profit in Its History
ADNOC Distribution, listed on the Abu Dhabi Securities Exchange (ADX), announced double-digit growth in both EBITDA and net profit for the first half of 2025, exceeding analyst expectations.
The company recorded its highest half-year EBITDA in its history, reaching $566 million, a 10% increase year-on-year. In a statement on the Abu Dhabi Securities Exchange (ADX) website on Thursday, ADNOC Distribution said that net profit for the same period increased by 12.2% year-on-year to $358 million. It also achieved record fuel sales of 7.62 billion liters, representing a 5.6% year-on-year increase.
These achievements highlight ADNOC Distribution's successes under its five-year growth strategy, which aims to drive EBITDA growth by focusing on strategic initiatives and key growth areas by 2028. This will contribute to long-term returns and support the company's journey towards sustainable growth.
Successful Implementation of the Five-Year Strategy
On this occasion, Eng. Bader Saeed Al Lamki, CEO of ADNOC Distribution, said: "The company's strong results for the first half of 2025 confirm the successful implementation of our five-year growth strategy for 2024-2028, which is based on operational excellence and innovation that places customer needs at the core of its priorities. The continued growth in EBITDA and net profit underscores the company's ability to expand efficiently, add value, and strengthen its leadership in the mobility and retail sectors."
During the first half of 2025, ADNOC Distribution's strategic expansion of its service station network continued with the addition of 47 new stations, bringing the total number of stations to approximately 940. The majority of the new stations are located in the Kingdom of Saudi Arabia, where the company continues to adopt a low-capital-cost "dealer-owned, company-operated" business model designed to promote sustainable growth. This model has enabled the company to double the number of stations in the Kingdom year-on-year, from 69 to 140 service stations.
In addition, ADNOC announced last May the official launch of ADNOC Voyager lubricants in the Egyptian market, making them available for the first time at several independent points of sale across the country. The company aims to reach 3,000 points of sale in the Egyptian market by the end of 2026, further strengthening its regional presence.
Egypt is a key priority market for ADNOC Distribution, as it continues to strengthen its global presence by exporting ADNOC Voyager, the UAE's leading lubricants brand by market share, to more than 47 countries worldwide.
During the first half of 2025, ADNOC Distribution achieved a significant milestone by expanding its E2GO fast and ultra-fast charging network for electric vehicles to more than 300 charging points across the UAE. This achievement underscores the company's commitment to promoting sustainable mobility and clean energy solutions, in line with its goal of increasing the number of charging points to more than 500 by 2028.
The company continues to implement its plan to add 100 new charging points by 2025, as part of its strategic vision to develop its operations, enhance its competitiveness, ensure its business is future-proof, and consolidate its position as a leader in sustainable mobility infrastructure. As part of its efforts to enhance strategic growth, ADNOC Distribution leverages AI solutions and advanced technologies to increase operational efficiency and enhance customer experience across the value chain.
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