ADNOC Distribution produces and blends top-grade lubricants at our state-of-the-art facilities in Abu Dhabi to the highest international standards from world-renowned murban crude oil. We offer a wide range of premium products across automotive, industrial, marine and speciality.
Contact us
Net profit increases to AED 2.4 billion in 2020 and to AED 851 million in Q4 2020;
Read moreCompany’s dividend policy sets a dividend of minimum AED 2.57 billion (20.57 fils per share) for full-year 2022
Read moreUnderlying EBITDA of AED 740 million in Q1 2021 Net profit of AED 631 million in the first quarter
Read more• ADNOC Distribution successfully delivered on a set of critical commitments to the capital markets in 2023, including annual EBITDA over $1 billion
• Company to share strategic growth initiatives to establish itself as a multi-energy, convenience and mobility leader
• ADNOC Distribution’s Board proposes a new dividend policy for 2024-28 setting annual dividend of $700 million or a minimum 75% of net profit, whichever is higher
• Company to host Investor Day in Abu Dhabi on Monday 26th February
Underlying EBITDA up by 9% and net profit excluding inventory movements rises over 2% Y-o-Y in H1 2023, driven by higher fuel volumes and efficiency improvements
Read more• Record EBITDA of $1.05 billion, an increase of 4.8% year-on-year
• Non-fuel retail business continues to demonstrate strong results, with double-digit gross profit growth of 12.5% year-on-year
• Record fuel volumes increased 8.7% year-on-year to 15 billion liters
• Accelerated network expansion by adding 59 stations in 2024, including 30 stations under development in Saudi Arabia, driven by the new growth strategy
• Board recommends $350 million dividend equivalent to 10.285 fils per share for the second half of 2024, subject to shareholders’ approval
Underlying EBITDA grows by 4.7% to USD 171 million with Net Profit of USD 109 million in Q1 2020
Read more