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BUSINESS

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ADNOC Distribution delivers 21% net profit growth in Q1 2026, reflecting strength and resilience
May 13th, 2026 - 05:43 GMT

ADNOC Distribution delivers 21% net profit growth in Q1 2026, reflecting strength and resilience

ADNOC Distribution (ISIN: AEA006101017) (ADX: ADNOCDIST), the leading mobility and convenience retailer in the UAE, reported strong financial and operational performance in the first quarter ended 31 March 2026, with record Q1 EBITDA at $307 million (+11.7% year-on-year; YoY) and net profit at $210 million (+20.7% YoY). Q1 performance was supported by fuel volume growth, stronger commercial business, higher contribution from non-fuel retail (NFR) and international activities, reflecting ADNOC Distribution’s structural resilience, driven by its diversification across its three customer locations: the UAE, Saudi Arabia and Egypt. Reflecting sustained investments ...
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