13.6 billion dirhams in revenues "ADNOC Logistics and Services" Within 9 months

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Abu Dhabi, November 11 / WAM / ADNOC Logistics and Services Company announced today its financial results for the first nine months, with stable performance achieved during the third quarter of 2025.

The company’s revenues during the first nine months increased by 39% year-on-year, reaching 13.6 billion dirhams.

EBITDA also recorded a growth of 30% year-on-year, reaching 4.12 billion dirhams, while maintaining EBITDA margins at 30%.

Net profit during the first nine months of the year amounted to 2.31 billion dirhams, an increase of 9% year-on-year.

This strong performance across all business sectors reflects the company’s continued strategic expansion into maritime logistics services for the energy sector.

The company’s revenues during the third quarter of the year increased by 36% on an annual basis, to reach 4.64 billion dirhams, and earnings before interest, taxes, depreciation and amortization recorded a growth of 38% on an annual basis, to reach 1.39 billion dirhams, and net profit during the third quarter increased by 20% on an annual basis, to reach 773 million dirhams.

Captain Abdul Karim Al Musabi, CEO of ADNOC Logistics and Services, said on this occasion that the company has achieved its strongest performance since listing over the past nine months, supported by outstanding quarterly results, which embodies the strength of its growth strategy and its disciplined approach to its implementation.

He added that the company continues to achieve sustainable growth supported by concluding long-term contracts and its operational excellence. It is also focusing on expanding its capabilities and seizing opportunities that add rewarding value while strengthening ADNOC Logistics and Services’ position as a leading global company in the field of logistics and maritime services for the energy sector.

Starting from the third quarter of 2025, ADNOC Logistics and Services adopted quarterly dividend distribution to provide more regular returns to shareholders.

Total dividends for the full year are expected to rise by approximately 20% year-on-year to reach AED 1.19 billion, and the company will maintain a 5% annual increase in dividends until 2030, reflecting strong financial performance and confidence in long-term growth.

The integrated logistics services sector recorded an exceptional performance, with its revenues increasing by 17% year-on-year to reach 7.17 billion dirhams, driven by strong demand and strategic growth in key areas.

This outstanding performance was reflected in earnings before interest, taxes, depreciation and amortisation, which rose by 26% on an annual basis to reach 2.33 billion dirhams, which confirms the vital role of this sector in enhancing the company’s overall results.

This profitable growth is due to strong utilization of offshore outsourcing platforms, improved profitability in the integrated logistics platform, as well as increased leasing activity.

Engineering, procurement and construction projects, including the Al Amairah artificial island, also contributed to strong revenue increases.

The revenues of the maritime shipping sector recorded an exceptional increase of 99% year-on-year to reach 5.44 billion dirhams, and this performance is mainly due to the inclusion of revenues generated by the fleet of oil tankers belonging to the “Navig8” company.

EBITDA also increased by 39% year-on-year to reach AED 1.6 billion despite volatile market conditions compared to the first nine months of 2024, which reflects the strength of operational execution.

The strong profit margin of 30% underscores the company’s operational flexibility.

On the other hand, the services sector continues to support the company’s diversified business model, as revenues increased by 7% year-on-year to reach 986 million dirhams.

Earnings before interest, taxes, depreciation and amortization also grew by 12% year-on-year to reach 188 million dirhams, mainly due to the increase in business volume at the “Borouge” container terminal, in addition to the company’s share of the profits from the “Integr8” ship bunkering services.