$579 million in ADNOC Distribution’s net profits over 9 months

Abu Dhabi, 31 October / WAM / ADNOC Distribution announced achieving earnings before interest, taxes, depreciation and amortization of $885 million during the nine months of 2025, an increase of 12.0%, which is the strongest performance achieved by the company during nine months since the initial public offering in 2017.

Net profit also increased during the same period by 15.6% on an annual basis, achieving $579 million.

During 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 station network to 1,150 service stations by 2028.

It also announced a proposal to extend the dividend policy until 2030, subject to shareholders’ approval, with dividends being approved on a quarterly basis starting from the first quarter of 2026.

This renewed commitment reflects the company’s confidence in its ability to achieve long-term growth, supported by resilient financial performance and a strong balance sheet.

Engineer Badr Saeed Al Lamki, CEO of ADNOC Distribution, said on this occasion that 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 trade sector. It 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.

He added that this confidence is evident in raising expansion targets and extending the dividend policy for an additional two years, ensuring lucrative and stable returns for investors.

He pointed out that 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.

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