"End" Unified revenues are achieved at a value of 16.9 billion dirhams in the first quarter
Abu Dhabi, April 29 / WAM / The unified revenues of the “Ed and” group in the first quarter increased to 16.9 billion dirhams, with a growth of 18.7% on an annual basis, while net unified profits reached 5.4 billion dirhams, an increase of 129.9% compared to the same period last year, and the profits reached before calculating interest, tax, consumption and firefighting 7.4 billion billion AED, an annual growth of 15.4%.
The total number of subscribers of the group reached 194.8 million, an increase of 12.9% on an annual basis, while the number of subscribers to EC & Emirates has reached 15.3 million subscribers, which reflects the continuous demand for advanced communication services, artificial intelligence solutions and the innovative digital experiences provided by “EMD”.
Hatem Dowidar, CEO of “E and” Group, said: The first quarter of 2025 witnessed a new chapter of excellence and leadership in the EMP march, where our efforts were crowned to achieve a performance that reflects the strength of our operating model and our customers’ confidence, through unified revenues of 16.9 billion dirhams, and profits before calculating interest, tax, consumption and firefighting (EBITDA) with a value 7.4 billion dirhams, we achieved a remarkable annual growth of 18.7% and 15.4%, respectively, which would not have been achieved had it not been for a clear strategic vision, accurate implementation, and a constant focus on market needs and growing customer aspirations.
He added that what distinguishes End is its unique ability to consolidate its leadership through innovation and expansion, and the development that does not know the stoppage, despite the challenges witnessed by the global markets, besides integrating artificial intelligence within the core of the digital transformation in the various pillars of business, and publishing the most advanced network networks in the region, we succeeded in strengthening the group’s presence on three continents, by investing in “E and PPF Telecom “, in a strategic move to build an integrated digital system that enables individuals and companies alike.
He followed: We crowned this distinguished performance during the first quarter of 2025 with the successful sale deal for our share in a treasury company at the end of March, and with a double -profit double, which reflects the wisdom of our investments, our strategic approach to asset management, and our ability to maximize the value of our shareholders ».
“The embodiment of these achievements is our ability to translate our aspirations into tangible facts, through strong financial results that enhance our competitiveness, pioneering communications networks that redefine quality standards, and a strategic expansion in promising markets that double the opportunities of growth, and besides managing the group’s assets portfolio in an optimal face, to create a sustainable value For our shareholders. “
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