Net profit excluding inventory movements increased by 5.5% Y-o-Y and 19.4% Q-o-Q to AED 551 million in Q1 2023 driven by higher fuel volumes and company-wide efficiency initiatives
Read moreRollout has started across key locations including at three flagship ADNOC service stations in Abu Dhabi and Dubai
Read moreDividend of AED 1.285 billion (10.285 fils per share) approved for H2 2022 to bring total 2022 dividend to AED 2.57 billion (20.57 fils per share)
Read moreBoard recommends dividend of AED 1.285 billion (10.285 fils per share) for H2 2022
Read more• Milestone underscores progress of ADNOC Distribution’s regional expansion strategy as TEME operations support economic growth in Egypt
• ADNOC Distribution to open first flagship service station in Egypt this year, offering enhanced retail and automotive services.
• Blended locally by TEME in Egypt, ADNOC Voyager lubricants will soon be available through independent distributors for the first time, expanding their reach beyond ADNOC Distribution stations.
ADNOC Rewards Credit Card offers 15% value back on ADNOC purchases - delivering best-in-class returns across the UAE’s largest fuel and convenience network
• EBITDA reaches $275 million, up 11%, year-on-year, while net profit increases 16% year-on-year to $174 million.
• Highest-ever Q1 fuel volumes driven by retail sales in the UAE and Saudi Arabia
• Non-fuel retail gross profit grows 14% year-on-year, with improvements to convenience store conversion rate, margin, and basket size
• 20 new stations added in Q1, bringing the total network to 915, up from 846 at the end of Q1 2024, putting the Company on track to meet its target of 40-50 new stations in 2025.
Introduces ‘Oasis by ADNOC’ with a premium ‘On-the-Gourmet’ concept, featuring elevated food and beverage offerings.
ADNOC Oasis, an iconic Emirati brand with 379 locations across the UAE, remains one of the nation’s most beloved coffee destinations.
The refreshed brand supports ADNOC’s growing non-fuel retail business, which reported a 15% year-on-year gross profit increase in H1 2025, including a 21% rise in convenience store gross profit.
• Chatbot leverages conversational Artificial Intelligence (AI) to enhance investor transparency and engagement, showcasing the Company’s focus on technology-driven innovation
• Named ARIF, the tool gives ADNOC Distribution investors instant, interactive access to accurate financial insights and analysis in English and Arabic
• ARIF is part of a broader strategy to integrate technologies that enhance the customer experience, improve operational efficiency and drive top-line growth.
The opening ceremony of the new service station was attended by Eng. Saeed Mubarak Al Rashdi, Acting Chief Executive Officer of ADNOC Distribution and a group of senior management members of the company.
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