ADNOC

In Q1 2020, we have shown strength and agility as a business. We are especially thankful to our dedicated frontline colleagues who have played a vital role in this effort by providing a lifeline to communities around the country that rely on our services every day to meet their essential fuel, food and grocery needs. In turn, we have taken and will continue to take, every step to ensure their health, safety and well-being.

By understanding our customers’ needs and adapting our products and services, while they adhere to social distancing, we have built a stronger relationship with our communities, one that we hope will last long into the future after this pandemic is over. We also remain committed to our shareholders by protecting our business through the application of robust business continuity measures and the strengthening of our business resilience, in readiness to return in a position of strength and continue our growth trajectory when the effects of the pandemic subside.

We remain confident that we will responsibly manage the impact of Coronavirus on our long-term strategic commitments. While we remain nimble to adapt to this rapidly changing environment, we also remain focused on our business strategy of smart growth and bringing further efficiencies in our operations.

As a company, we will continue to deliver long term attractive shareholder returns, underpinned by progressive dividend policy, smart growth and disciplined capital allocation, well supported by a solid balance sheet.

 

  

Ahmed Al Shamsi

Acting Chief Executive Officer 

ADNOC Distribution

12 May 2020