Energy, Oil & Gas

Adnoc Distribution net profit rises 15pc to $761m in 2025

ABU DHABI
Adnoc Distribution net profit rises 15pc to $761m in 2025

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

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