ADNOC Distribution announces the results of the third quarter of 2025

ADNOC Distribution (ISIN: AEA006101017), the leading company in the UAE in the fuel and retail sector and listed on the Abu Dhabi Stock Exchange under the symbol: (ADNOCDIST), announced achieving earnings before interest, taxes, depreciation and amortization of $885 million during the nine months of 2025, an increase of 12.0%. This is the company’s strongest performance in nine months since its initial public offering in 2017. Net profit during the same period also increased by 15.6% on an annual basis.

In the third quarter of 2025, the company achieved new levels of earnings before interest, tax, depreciation and amortization, reaching $319 million, an increase of 15.9% year-on-year. It also achieved a strong 21.5% increase in net profits to $221 million, both of which beat analysts’ expectations.

The company also recorded the highest volumes of fuel sales in its history during the first nine months, with a total of 11.7 billion litres. As part of ADNOC Distribution’s regional expansion, the company added 85 new service stations to its network during the first nine months of the year, bringing the total number of stations to 977 stations. The majority of these additions came in the Kingdom of Saudi Arabia, where the company added 72 new stations, bringing its network of stations in the Kingdom to 172 service stations, achieving annual growth of 150% on an annual basis, which confirms its commitment to expanding its presence in the region.

After ADNOC Distribution exceeded its expansion goals ahead of schedule, the company announced raising its targets for the end of the year to open between 90 to 100 new service stations by the end of 2025, compared to previous directives that indicated only 60 to 70 service stations. The modernization also includes the opening of between 80 to 90 new service stations in the Kingdom of Saudi Arabia alone.

During the activities of the first investor council organized by ADNOC in Abu Dhabi, ADNOC Distribution announced raising its growth guidelines, setting a new target to expand its network of stations to 1,150 service stations by 2028. It also announced a proposal to extend the dividend policy until 2030, subject to shareholder approval, with the distribution of dividends approved on a quarterly basis starting in the first quarter of 2026. This renewed commitment embodies the company’s confidence. In its ability to achieve long-term growth, supported by resilient financial performance and a strong balance sheet.

On this occasion, Engineer Badr Saeed Al Lamki, CEO of ADNOC Distribution, said: “The record performance achieved by ADNOC Distribution this year confirms the strength of its five-year growth strategy, and its contribution to consolidating its position as a leading company in the transportation and retail sector. The company recorded the highest quarterly profits in its history before deducting interest, taxes, depreciation and amortization, in addition to its rapid expansion in the network of service stations, which confirms the strength of its business model and its firm confidence in its ability to achieve long-term growth.” This confidence is evident in raising expansion targets and extending the dividend policy for an additional two years, ensuring remunerative and stable returns for investors, and by focusing on the non-fuel retail sector, including the launch of the developed brand ‘Oasis by ADNOC’ and expanding the network of rental real estate units, the company is working to build a flexible platform for transportation and retail stores that meets the needs of growing customers, and contributes to creating sustainable and long-term value for shareholders, supported by a strong budget and a clear vision for future growth.”

The non-fuel retail sector continued to achieve strong momentum during the third quarter of 2025, as the total net profit for this sector increased by 14.7% year-on-year. During the first nine months of the year, the company achieved the highest number of non-fuel retail transactions in its history, with a total of 39.6 million transactions, representing an annual growth of 10.2%. It also achieved the highest rate of customer switching from gas stations to retail stores since 2021, reaching 26.2%, an increase of 65 basis points compared to the previous year, which reflects a tangible improvement in the efficiency of operations and increased customer interaction with retail sector services.

These results were achieved thanks to the company’s outstanding performance across various sectors, including retail stores, car care services and real estate management, which confirms the success of the business diversification strategy pursued by ADNOC Distribution. In this context, the company recently announced an update to its future guidance, through which it expects a 100% increase in the number of non-fuel retail sector transactions by 2030 compared to 2023. The third quarter of 2025 also witnessed an important achievement for ADNOC Voyager lubricants, the leading brand in the lubricants sector in the UAE, as it expanded its presence to include 50 markets around the world.

ADNOC Distribution’s extension of its dividend policy until 2030, subject to shareholder approval, and the move to distributing dividends on a quarterly basis starting from the first quarter of 2026, represents a strategic step that provides a clear vision of future returns and enhances future growth opportunities, in addition to rewarding shareholders on a more regular basis. This brings the company’s total declared dividend obligations to at least $4.9 billion between 2023 and 2030, at an annual rate of $700 million or at least 75% of net profits, whichever is higher.

During the third quarter of 2025, ADNOC Distribution relaunched the new identity of its famous brand, “ADNOC Oasis”, under the new name “Oasis by ADNOC”, as part of a comprehensive relaunch of the leading brand. This transformation provides an innovative experience in the world of modern food and beverages, which raises the quality and diversity of options, within the modern “Gourmet on the Trail” concept, which confirms ADNOC Distribution’s commitment to providing an advanced experience that includes high-quality food and beverage options, including specialty coffee prepared by barista experts, in addition to a new group of healthy options, while preserving the traditional varieties that customers prefer. By establishing the position of “Oasis by ADNOC” stores as an ideal destination for food on the go, the company takes the concept of food and beverages on the go to an exceptional level, which reflects its commitment to providing the best customer experiences at the level of the mobility and retail sectors.

ADNOC Distribution also strengthened its presence as a provider of innovative mobility solutions represented by the E2GO network, reaching 368 fast and ultra-fast charging points for electric vehicles by the end of September. This achievement comes within the company’s strategy to continuously invest in emerging mobility solutions in line with expected demand, ensuring that its business keeps pace with the future and meets changing customer needs.

ADNOC Distribution continues its efforts to accelerate its transformation into a company that makes the most possible use of artificial intelligence tools and solutions in its business, by developing or implementing more than 20 initiatives supported by artificial intelligence across the various stages and sectors of its business, which contributes to enhancing operational excellence, raising efficiency, and providing a pioneering customer experience.

In line with its five-year growth strategy, ADNOC Distribution continues to drive performance momentum through flexibility, innovation, and implementing strategies that put customers at the heart of its vision. Thanks to its strong financial position, expanding regional presence, and accelerating its adoption of artificial intelligence technologies, the company is ideally positioned to take advantage of future opportunities, create and enhance long-term value for shareholders, and redefine the concept of mobility and retail in the markets in which it operates and operates.