Finance & Capital Market

Agthia's revenue up 9.6pc in first nine months

ABU DHABI
Agthia's revenue up 9.6pc in first nine months

Agthia Group, one of the region’s leading food and beverage companies, today reported its results for the third quarter and first nine months of 2026.

The quarter marked the next stage of Agthia’s multi-year transformation, moving from building strength to delivering returns. After a first half focused on cash generation and the balance sheet, the third quarter showed an improvement in reported earnings, while underlying performance remained challenged by ongoing cost pressures.

Agthia’s growth accelerated in the third quarter, with reported earnings rising well ahead of the top line, supported by a sound balance sheet, even as operating conditions are becoming more demanding.

In Q3 2026, Group revenue increased 14.4% year on year to AED 1.3 billion, including AED 104.7 million of one-off sales. On an underlying basis, growth was 5.2%. Strengthened execution drove an improvement in profitability. EBITDA rose 39.0% to AED 123.1 million, and net profit reached AED 33.2 million, up from AED 4.1 million in the prior-year quarter that included impairment charges in Snacking.

Over the first nine months, revenue increased by 9.6% to AED 3.9 billion and EBITDA climbed 36.7% to AED 433.6 million. Net profit almost tripled to AED 154.6 million.