United Arab Emirates · Delayed Price · Currency is AED Abu Dhabi National Oil Company for Distribution PJSC Earnings Call Transcripts
Fiscal Year 2026
-
The acquisition of SDSA for ~$1 billion expands the network by over 50%, diversifies earnings, and is expected to be accretive from year one. Integration leverages local management and ADNOC’s expertise, with $30–$40 million incremental EBITDA targeted by year five.
-
Q1 2026 saw record EBITDA and net profit growth, driven by resilient fuel and non-fuel retail, strong commercial and aviation segments, and disciplined cost management. Guidance for growth, CapEx, and dividends remains unchanged, with continued focus on sustainability and digital innovation.
Fiscal Year 2025
-
Record 2025 results featured double-digit profit growth, network and EV infrastructure expansion, and strong non-fuel retail momentum. Outlook for 2026 includes continued network growth, double-digit non-fuel gains, and disciplined capital allocation.
-
Record EBITDA and net profit growth were driven by strong fuel and non-fuel retail performance, network expansion, and digital initiatives. Upgraded guidance for station and EV charging growth, extended dividend policy, and launched new retail concepts to enhance shareholder value.
-
Delivered record H1 2025 results with double-digit EBITDA and net profit growth, driven by strong fuel and non-fuel retail performance, network expansion, and disciplined cost management. Upgraded guidance for new stations and EV charging points, with robust shareholder returns planned.
-
Record Q1 EBITDA and net profit growth were driven by strong retail and non-fuel segments, network expansion, and digital innovation. The company remains on track for 2025 guidance, with robust cash flow, a strong balance sheet, and continued investment in EV and sustainability.
Fiscal Year 2024
-
Record EBITDA and net profit growth in 2024 were driven by strong fuel and non-fuel retail expansion, network growth, and efficiency gains. The company targets further network and EV infrastructure expansion in 2025, with robust cash flow supporting dividends and disciplined capital allocation.
-
Record fuel volumes and double-digit non-fuel retail growth drove a 12% year-over-year increase in nine-month underlying EBITDA, despite lower Q3 profits due to reduced inventory gains and new UAE tax. Network expansion, digitalization, and strong cash flow support a positive outlook and robust dividend policy.
-
Q2 and H1 2024 saw double-digit EBITDA and net profit growth, record fuel volumes, and robust non-fuel retail performance. Strong cash flow and a healthy balance sheet support expansion, with a focus on EV infrastructure, AI, and international growth.