10.35 billion dirhams in revenues "vertiglob" In 2025, a growth of 41%
Abu Dhabi, February 11, 2020 – Vertiglob achieved revenues during the last quarter of 2025 amounting to 2.96 billion dirhams, an increase of 73% year-on-year… while adjusted earnings before interest, taxes, depreciation and amortization increased by 88% year-on-year to reach 1.09 billion dirhams.
According to its financial results for the year 2025, the company’s adjusted net profit attributable to shareholders increased significantly to 393 million dirhams, an increase of 154% on an annual basis. While revenues increased by 41% on an annual basis to reach 10.35 billion dirhams, and adjusted earnings before interest, taxes, depreciation and amortization increased by 57% on an annual basis to reach 3.74 billion dirhams, and the adjusted net profit attributable to shareholders reached 3.74 billion dirhams. 1.19 billion dirhams, an increase of 87% year-on-year.
Ahmed Al-Hoshi, CEO of Vertiglobe, said: “We are proud to have achieved this strong operational and financial performance at the end of the company’s first full year under the majority ownership of ADNOC through XRG, as we recorded a growth in adjusted earnings before interest, taxes, depreciation and amortization by 57% on an annual basis, to exceed 3.74 billion dirhams, which embodies the disciplined and effective implementation of the strategy.” ‘Growth 2030’, including improving operational efficiency and record production levels at our facilities in Algeria and at the Egyptian Fertilizer Company (EFC-2) in Egypt, significant cost reductions, and focused expansion of the product portfolio… We have achieved tangible progress in implementing our 2030 growth goals by more than 40% in less than one year since their announcement, which demonstrates the additional value we can generate through improving asset performance and disciplined, high-return expansion into new markets and products.”
He added that our efforts to strengthen our industrial and financial foundations continued with the support of ADNOC, as we achieved 99% of our cost reduction goals, while making progress in the manufacturing improvement plan by 46% of the planned improvements in production volume and energy efficiency, in addition to expanding the scope of our business globally through distinguished strategic investments, including the acquisition of the company “Wingfu Australia”… In conjunction with this, expanding the scope of production of diesel exhaust fluid (DEF) and high-purity urea allocated to the automotive sector contributes ‘AGU’ in the UAE and Egypt will help build more flexible, higher-margin, and non-seasonal revenue streams in the EU and UAE, respectively.”
He said that in this context, the Vertiglobe Board of Directors recommended distributing dividends for the second half of 2025 in the amount of 496 million dirhams (6.1 fils per share), bringing the total dividends for 2025 to 955 million dirhams, in addition to share buybacks amounting to 272 million dirhams that have been implemented to date.
The total capital gains attributable to shareholders amounted to 1.23 billion dirhams, in line with Vertiglobe’s policy of returning all excess free cash flows to shareholders, which achieved a competitive total return to shareholders of more than 5%.
The Vertiglobe Board of Directors announced financial guidance regarding profits for the second half of 2025 in the amount of 496 million dirhams (6.1 fils per share), subject to shareholder approval at the upcoming annual general assembly meeting, bringing the total dividends distributed for the year 2025 to 955 million dirhams, or a total capital return to shareholders of 1.23 billion dirhams (including 272 million dirhams from share repurchases until history), which achieves a distinct competitive total return for shareholders of up to more than 5%.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Related
