On the again of reaching its highest gas volumes for the primary 9 months of a monetary 12 months, ADNOC Distribution reported EBITDA of $885 million for 9M 2025, up 12 per cent year-on-year, its highest ever for the reason that firm was listed in 2017. Internet revenue for the interval grew 15.6 per cent to $579 million.
The corporate bought 11.7 billion litres of gas, including 85 new service stations throughout its community throughout the interval, bringing its complete community dimension to 977. A majority of those new stations are in Saudi Arabia, the place ADNOC Distribution added 72 new service stations. The corporate’s complete community within the Kingdom is now 172.
ADNOC Distribution stated it has already exceeded its community enlargement targets forward of schedule and raised its year-end goal to 90-100 new stations by the top of 2025, almost 50 per cent greater than earlier full-year enlargement steerage of 60-70. This consists of 80-90 stations in Saudi Arabia alone.
For the third quarter (Q3) 2025, the corporate reached a brand new quarterly EBITDA file of $319 million, a rise of 15.9 per cent YoY. Internet revenue reached $221 million, up 21.5 per cent, as each EBITDA and web revenue exceeded analyst expectations.
Bader Saeed Al Lamki, CEO of ADNOC Distribution, commented: “ADNOC Distribution’s file efficiency this 12 months is a testomony to the progress now we have achieved up to now in opposition to our five-year progress technique, furthering our transformation right into a mobility and comfort retail chief.
“Our strongest quarterly EBITDA ever, mixed with a quickly increasing community, demonstrates the elemental power of our enterprise and a agency perception in our long-term progress prospects. This confidence is mirrored in our just lately revised enlargement targets and the extension of our class-leading dividend coverage for an extra two years.
“By specializing in non-fuel retail, together with by a refreshed ‘Oasis by ADNOC’ model and our property community, we’re constructing a versatile mobility and comfort platform conscious of evolving buyer wants, whereas creating sustainable, long-term worth for shareholders.”
On the current Investor Majlis occasion hosted by ADNOC Group in Abu Dhabi, ADNOC Distribution additionally introduced upgraded community enlargement steerage to 1,150 service stations by 2028. It additionally stated it might lengthen its dividend coverage to 2030, with payouts to happen on a quarterly-basis from Q1 2026.
Non-fuel retail continued to ship sturdy momentum, with gross revenue rising by 14.7 per cent year-on-year for Q3 2025. It secured 39.6 million non-fuel retail transactions for the primary 9 months, up 10.2 per cent YoY – the very best quantity in its historical past for the primary 9 months of the 12 months.
These outcomes had been achieved by strong efficiency throughout comfort shops, automotive companies, and property administration, reinforcing the success of ADNOC Distribution’s diversification technique. This has led to the corporate updating its steerage, anticipating a 100 per cent improve in non-fuel retail transactions by 2030 in comparison with 2023.
ADNOC Distribution additionally superior its place as a future-ready mobility supplier, with its E2GO community reaching 368 quick and super-fast EV charging factors by the top of September.
In an announcement, the corporate added: “By leveraging its sturdy monetary place, increasing its regional footprint, and advancing its AI-native transformation, ADNOC Distribution is well-placed to seize future alternatives, strengthen long-term shareholder worth, and redefine comfort and mobility throughout the markets it serves.”
