ADNOC Distribution Reports Impressive Financial Results Amidst Network Expansion
In a remarkable display of financial prowess, ADNOC Distribution has reported a net profit of 9 million for the first nine months of the year, reflecting a year-on-year increase of 15.6%. The company also achieved an EBITDA (earnings before interest, taxes, depreciation, and amortization) of 5 million, marking a 12% rise and signifying the strongest financial performance since its public listing in 2017. These figures illustrate not only a fruitful third quarter but also indicate a consistent upward trajectory for the company.
For the third quarter alone, ADNOC Distribution attained a record quarterly EBITDA of 9 million, which represents a robust 15.9% increase compared to the same period in the previous year. Accompanying this financial growth was a net profit of 1 million, yielding an impressive 21.5% increase year-on-year. These results exceeded analysts’ expectations, showcasing the company’s effective management and strategic initiatives undertaken in recent periods.
In addition to these remarkable financial metrics, ADNOC Distribution achieved its highest-ever fuel sales volumes during the first nine months, totaling 11.7 billion liters. This robust performance can be attributed largely to the company’s ambitious network expansion strategy. Over the past nine months, ADNOC Distribution has successfully added 85 new service stations, elevating its overall network to 977 locations. Notably, the majority of these new establishments—72 service stations—were strategically positioned in Saudi Arabia, which now boasts a total of 172 ADNOC stations, reflecting a staggering 150% year-on-year growth in that market alone.
Having considerably outperformed its initial network expansion targets, ADNOC Distribution has raised its projections for the number of new stations to be built by the end of 2025 to between 90 and 100, a notable increase from its previous guidance of 60 to 70. Of these, it is estimated that 80 to 90 will be located in Saudi Arabia, highlighting the company’s ongoing commitment to growing its presence in one of the region’s most pivotal markets.
The optimistic outlook was further emphasized during the inaugural Investor Majlis event in Abu Dhabi, hosted by ADNOC Group. During this event, ADNOC Distribution presented an ambitious revised target for its network expansion, aiming for a total of 1,150 service stations by 2028. The management also proposed an extension of its dividend policy through 2030, contingent upon shareholder approval. This revised policy will see dividends paid on a quarterly basis beginning in the first quarter of 2026, thereby enhancing shareholder value and demonstrating the company’s commitment to long-term financial stability.
The encouraging financial results reflect not just ADNOC Distribution’s operational excellence but also its ability to navigate a complex market landscape. Non-fuel retail operations displayed impressive momentum as well, showing gross profit growth of 14.7% year-on-year in the third quarter of 2025. The company processed .6 million in non-fuel retail transactions in the first nine months, marking a 10.2% year-on-year increase, alongside achieving the highest convenience store conversion rate since 2021, which stood at 26.2%. This represents an increase of 65 basis points, indicating an effective strategy to enhance customer experience and operational efficiency.
Overall, ADNOC Distribution’s strong quarterly results and ambitious expansion plans highlight a clear trajectory toward sustainable growth within the region’s competitive energy and retail landscape. As the company forges ahead, its robust financial health and strategic investments signify a promising future, both for its stakeholders and the market at large.
Tags: #BusinessNews #EconomyNews #UAE #ADNOC #RealEstateNews