1.3 billion dirhams in revenue "Foods" In the first quarter
Abu Dhabi, May 12 / WAM / Agthia Group’s net revenues increased by 3.3% year-on-year during the first quarter of this year, reaching 1.3 billion dirhams, while earnings before interest, taxes, depreciation and amortization recorded a growth of 4.1% to reach 193.3 million dirhams.
Net profit also increased by 12.5% to reach 96.9 million dirhams, supported by disciplined execution, improved profitability margins, and improved operational performance across key business sectors.
The first quarter results were supported by strong performance in the core sectors, continued progress in transformation projects, and the group’s ability to respond quickly to a more complex operating environment.
Khalifa Sultan Al Suwaidi, Chairman of the Board of Directors of Agthia Group, said: The first quarter results emphasized the importance of flexibility, discipline and long-term vision in dealing with an increasingly complex operating environment, as Agthia’s performance reflects the strength of the pillars on which the group is based, its pivotal role in supporting the National Food Security Strategy, and its continued focus on implementing its strategic priorities.
Salmeen Al Ameri, Managing Director and CEO of Agthia Group, confirmed that the group’s performance in the first quarter reflects the strength of implementation across the group’s various businesses, the strength of its diversified portfolio, and the commitment of work teams throughout the group.
He said: In light of changing regional conditions, we were able to respond to developments flexibly, maintain the continuity of supplies without interruption, and continue to manage our operations with focus and stability. At the same time, the ongoing transformation procedures in all the group’s sectors have begun to be reflected more clearly in performance, which contributes to raising operational efficiency, enhancing profitability margins, and building a stronger and more sustainable profit structure. We continue to focus confidently on our long-term priorities, and consolidating Agthia’s position as a leading company in the food and beverage sector.
The water and food sector remained a major driver of growth during the first quarter, supported by strong performance in the bottled water sector in the UAE, and the home and office services sector. The protein and frozen food sector also recorded encouraging progress as transformation efforts continued, and the pace of operation of the group’s protein facility in the Kingdom of Saudi Arabia accelerated, as the second phase became operational, providing new production capacity.
The agricultural business sector contributed to supporting the group’s performance by achieving resilient operating results, in addition to its participation in programs related to food security in the United Arab Emirates, while the snack food sector continued its restructuring path with the aim of enhancing future growth opportunities and improving profitability margins. During the first quarter of 2026, the group achieved a 22.5% growth in e-commerce revenues, to now constitute 7.2% of total sales.
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