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| Emsteel Group |
With 7% Growth… UAE’s Emsteel Achieves AED 8.9 Billion in Revenue in 2025
Emsteel Group announced its financial results for 2025, achieving revenues of AED 8.9 billion, a 7% increase compared to the previous fiscal year. Emsteel Group delivered strong operational performance, with total steel sales volumes increasing by 7% year-on-year.
Strong demand in the UAE market, coupled with increased production of finished steel products, contributed to a 16% year-on-year growth in finished steel sales, reaching 3.3 million tons. Cement and clinker sales volumes also rose by 8% year-on-year to 3.5 million tons.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) reached AED 1.2 billion, a 34% year-on-year increase, with a profit margin of 13.4%, compared to 10.7% in FY2024. This improved margin is attributed to higher sales volumes, coupled with initiatives to enhance operational efficiency and maximize production capacity.
Emsteel's net profit for FY2025 reached AED 481 million, a 23% increase compared to the previous year, driven by the Group's strong operational performance. Emirates Steel contributed AED 8 billion to revenues, a 6% increase compared to FY2024, while its EBITDA rose to AED 1 billion, representing a 51% year-on-year increase.
Emirates Cement achieved revenues of AED 944 million, registering year-on-year growth of 24%, while its earnings before interest, taxes, depreciation, and amortization (EBITDA) reached AED 172 million. Similarly, the pipes and other sectors contributed AED 187 million in revenues during 2025 and achieved EBITDA of AED 42 million.
The Group completed the sale of its pipes and other business units on December 18, 2025, and the financial impact of this transaction was reflected in the 2025 financial results. As of December 31, 2025, the Group's net cash position strengthened to AED 1.2 billion, compared to AED 337 million as of December 31, 2024.
During the fourth quarter of 2025, the Group's revenue reached AED 2.5 billion, consistent with the fourth quarter of 2024, while EBITDA increased by 51% to AED 372 million, driven by higher sales volumes and improved profit margins.
Hamad Abdullah Al Hammadi, Chairman of the Board of Directors of Emsteel Group, stated that Emsteel's performance during the 2025 financial year reflects the resilience of its operational approach, the supportive nature of the UAE market, and the Group's commitment to building sustainable long-term value.
He added that the positive financial results, strong financial position, and prudent approach to investment management confirm Emsteel's ability to continue growing in line with the UAE's strategic directions and priorities.
As a cornerstone of the national manufacturing ecosystem, Emsteel reaffirms its commitment to bolstering local manufacturing, supporting the stability of supply chains, and actively contributing to economic diversification and achieving the UAE's carbon neutrality goals.
For his part, Engineer Saeed Ghumran Al Remeithi, CEO of Emsteel Group, stated that the fiscal year 2025 marked a significant milestone for Emsteel, as the Group recorded strong operational performance and a notable improvement in profitability levels, while also making tangible progress in implementing its strategic objectives.
As it enters the next phase, the Group continues to operate according to a deliberate growth strategy based on innovation and emissions reduction, while maintaining its goal of delivering sustainable value to its shareholders and various stakeholders.
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