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 moreMilestone aligns with the UAE’s Net Zero by 2050 strategic initiative by contributing to reducing emissions from the transportation sector
Read moreCustomers can now get up to 3X more points to redeem more offers, more often
Read moreThe new partnership announced at ADSW 2023 is supported by Abu Dhabi Department of Energy (DoE) and Abu Dhabi Department of Municipalities and Transport (DMT)
Read moreADNOC Distribution becomes first UAE fuel retailer to tap into sustainability linked financing with USD 1.5bn loan
Read more• Shareholders approve $350 million (10.285 fils per share) dividend for the second half of 2024, taking total dividends for the year to 20.57 fils per share with a 6.1% yield.
• Since its 2017 IPO, ADNOC Distribution has delivered a total shareholder return of 92%, or $7.8 billion (AED28.6 billion), through both aggregate share price growth and dividend yields.
• Record EBITDA, fuel volumes, non-fuel retail growth, and higher contributions from international operations contributed to strong 2024 performance.
• By implementing plans to add 40-50 new service stations across its network, installing 100 EV charging points in the UAE, and accelerating growth in Saudi Arabia, ADNOC Distribution is positioned for expansion in 2025 in line with its growth strategy.
Highest recorded H1 EBITDA of $566 million, up 10.0% YoY, drives 12.2% net profit growth to $358 million
Largest-ever first-half fuel volumes of 7.62 billion liters, a 5.6% YoY increase
Non-fuel retail gross profit grew 14.9% YoY in H1 2025, reflecting strong performance of convenience stores, car services, property management and lubricants businesses
The Company expects to distribute dividend of $350 million (10.285 fils per share) for the first half of 2025 in October 2025, in line with its dividend policy
Network expansion targets achieved ahead of schedule; guidance revised upwards to 60-70 new stations
• 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
Launch of the first cross-conversion partnership between Etihad Guest and ADNOC Distribution following the success of the Fuel Up & Fly Off programme
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