ADNOC

Throughout the first quarter of 2021, ADNOC Distribution’s fuel volumes continued to show steady recovery compared to pre-COVID levels. The company made a significant achievement in Q1 through the vaccination of 100% of our frontline employees, and I am extremely proud of dedication of our employees to always uphold the highest standards of HSE. 

In addition, we have continued to build on our success in 2020, to record a strong financial performance in Q1 2021. This has provided the Company with ample liquidity to pursue future growth opportunities, be they organic or inorganic in domestic and international markets.


Our strength is only possible due to the continued dedication of all our employees, and we are grateful to our frontline colleagues, who have continued to play a role in ensuring the continued provision of services to our customers. We have progressed our smart growth strategy in the first quarter and have ambitious targets for 2021, including the opening of 70 to 80 new stations across domestic and international markets. Our focus on creating shareholder value continued in the first quarter of 2021 and we remain committed to providing strong dividend visibility.

 

 

ADNOC Distribution

10 May 2021