ADNOC Distribution announced on Friday that its EBITDA rose by 12.0 percent year-on-year to USD 885 million for the first nine months of 2025 — marking its strongest nine-month performance since listing in 2017. Net profit for the same period grew by 15.6 percent year-on-year to USD 579 million.
In the third quarter of 2025, the company achieved a new quarterly EBITDA record of USD 319 million, reflecting a 15.9 percent year-on-year increase. Net profit for the quarter surged by 21.5 percent to USD 221 million, both figures surpassing analyst expectations.
ADNOC Distribution also recorded its highest-ever nine-month fuel volumes, reaching 11.7 billion litres. It expanded its service station network by 85 new outlets during the first nine months of the year, bringing the total to 977.
A significant portion of this growth came from Saudi Arabia, where the company opened 72 new service stations, increasing its network in the Kingdom by 150 percent year-on-year to 172 stations.
After achieving its expansion goals ahead of schedule, ADNOC Distribution revised its year-end target to 90–100 new stations by the end of 2025, up from the earlier guidance of 60–70. The updated plan includes 80–90 new sites in Saudi Arabia alone.
During the inaugural Investor Majlis event in Abu Dhabi, ADNOC Distribution revealed an upgraded target of 1,150 service stations by 2028. The company also proposed extending its dividend policy until 2030, subject to shareholder approval, with quarterly payouts commencing in the first quarter of 2026.
These strategic updates underscore the company’s confidence in sustained growth, supported by strong financial results and a solid balance sheet.
Bader Saeed Al Lamki, CEO of ADNOC Distribution, stated that the company’s record-breaking performance demonstrates the progress made under its five-year growth strategy and reinforces its transformation into a leading mobility and convenience retail business.
