1.3 billion dirhams revenues "Food" In the first quarter of 2025
Abu Dhabi, May 13 / WAM / A food group announced today its financial results for the three -month period ending on March 31, 2025, as the group recorded revenues of 1.3 billion dirhams in the first quarter of 2025.
The group said in a press statement that the profits before interest, taxes, consumption and firefighting (EBITDA) reached 185.7 million dirhams, with a margin of 14.5%, and a net profit for a quarter of 86.1 million dirhams, with a net profit of 6.7%.
During this quarter, the food group raised its share in “Abu Auf” from 70% to 80%, which enhances integration within the snack sector and confirms the strong group’s belief in the long -term growth prospects for this investment.
This step reflects the continuous “food” focus on expanding the scope of high opportunities in line with the development of consumer directions.
In parallel, the group’s board of directors approved the acquisition of “Rivier”, one of the leading companies in the field of bottled water, home and offices services in the UAE, which enhances the presence of “direct food” in the sales channels of consumers and enhances its pioneering position in the water sector.
The group of foods ended the first -quarter percentage by the net of debt to profits before benefits, taxes, consumption and firefighting (EBITDA) at 2.4 times, with cash liquidity and its equivalent of 321 million dirhams, which reflects a strong financial center that supports continuing to invest in strategic priorities and future growth opportunities.
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