Adnoc Distribution reported strong 2025 results, with EBITDA rising 11.1 per cent to $1,166 million and net profit up 15.4 per cent to $761 million.
Growth was driven by strong fuel and non-fuel demand, network expansion, and increased international contributions.
The company also
delivered record retail and commercial fuel volumes of 15.7 billion litres in
2025, supported by increased network scale, higher footfall and disciplined
execution across its three markets: the UAE, Saudi Arabia and Egypt.
Non-fuel retail
segment delivered continued growth in 2025, with gross profit up 14.4 per cent
YoY and transactions increasing 9.3 per cent YoY.
Customer engagement
remained strong, with Adnoc Rewards membership exceeding 2.61 million, and more
than 350,000 new members joining in the past twelve months alone, an increase
of 16 per cent YoY.
Bader Saeed Al Lamki,
CEO of Adnoc Distribution, said, “2025 was a milestone year for Adnoc Distribution,
delivering record financial performance while advancing our transformation into
a mobility and convenience retail leader. Strong execution across our core fuel
business, non-fuel retail, network expansion and EV infrastructure demonstrates
the resilience of our business model and our ability to adapt to evolving
customer needs. Since IPO, we have delivered a total shareholder return of 120
per cent; as we look ahead to 2026, we remain focused on disciplined growth,
operational excellence and delivering sustainable long-term value for our
shareholders.”
The company
accelerated its network expansion, adding last year 119 new service stations,
exceeding the revised higher full-year guidance of 90–100 additions.
Total network of
retail fuel stations achieved 1,010 service stations, a 13 per cent
year-on-year increase. The Company remains on track to reach 1,150 service
stations by 2028, in line with its long-term growth strategy.
Adnoc Distribution
also scaled up its EV charging infrastructure in 2025, installing 182 new fast
and super-fast charging points in strategic locations, taking the total E2GO
network in the UAE to 402 charging points, a 83 per cent YoY growth.
This expansion
positions the Company firmly on track to reach up to 750 charging points by
2028, supporting the UAE’s electrification agenda and reinforcing Adnoc
Distribution’s role as a future-ready mobility provider.
In November, the
launch of The Hub by Adnoc further advanced this strategy, introducing a
large-format, destination-led retail concept that integrates fuel, EV charging
and car care with complementary lifestyle offerings to support non-fuel revenue
growth. The company launched six Hub locations in 2025, in line with plans to
launch 30 Hubs by 2030.
The Board has proposed
a dividend of $350 million for the second half of 2025, bringing the total 2025
dividend to $700 million.
The proposal will be presented for
shareholders’ approval during the Company’s Annual General Assembly (AGM) to be
scheduled in March 2026.
As previously
announced, Adnoc Distribution will adopt quarterly dividend payments from Q1
2026, and subject to shareholders’ approval at the AGM, will extend its
dividend policy through 2030, reinforcing its long-term commitment to
delivering attractive and predictable shareholder returns.
Under the policy,
shareholders are entitled to an annual dividend of at least $700 million or 75
per cent of net profit, whichever is higher.
The shift to quarterly
payouts enhances return visibility and provides shareholders with more frequent
distributions, while maintaining exposure to future earnings growth.
The extension of the
policy brings the Company’s total announced dividend payments and proposed
dividends to a minimum of $4.9 billion between 2023 and 2030.
In 2026, Adnoc
Distribution plans to add 60-70 new stations across its network, as well as
installing 50-60 additional fast and super-fast charging points. -TradeArabia News Service