Today, ADNOC Logistics and Services announced its financial results for the first nine months, showcasing stable performance during the third quarter of 2025.
The company’s revenue during the first nine months surged by 39% year-on-year, reaching 13.6 billion AED.
Additionally, EBITDA (earnings before interest, taxes, depreciation, and amortization) grew by 30% compared to the previous year, amounting to 4.12 billion AED, while maintaining a consistent EBITDA margin of 30%.
The net profit for the first nine months stood at 2.31 billion AED, reflecting a 9% increase year-on-year.
This robust performance across all business segments signifies the company’s ongoing strategic expansion within the marine logistics sector of the energy industry.
In the third quarter, the company’s revenue increased by 36% year-on-year to 4.64 billion AED, with EBITDA climbing 38% year-on-year to 1.39 billion AED. The net profit for this quarter rose by 20% year-on-year, reaching 773 million AED.
Captain Abdul Karim Al Masabi, CEO of ADNOC Logistics and Services, commented that the company achieved its strongest performance since going public over the past nine months, backed by exceptional quarterly results. This underscores the effectiveness of the growth strategy the company has been pursuing and its disciplined execution.
He also mentioned that the company continues to sustain its growth, supported by long-term contracts and operational excellence, while focusing on expanding its capabilities and seizing opportunities that provide significant value, further solidifying ADNOC Logistics and Services’ position as a global leader in marine and logistics services for the energy sector.
Beginning in the third quarter of 2025, ADNOC Logistics and Services has adopted a quarterly dividend distribution to offer more regular returns to its shareholders.
The total expected dividends for the entire year are anticipated to increase by approximately 20% year-on-year, reaching 1.19 billion AED. The company aims for a consistent annual dividend growth of 5% until 2030, reflecting robust financial performance and confidence in long-term growth.
The integrated logistics sector demonstrated exceptional performance, with revenues rising by 17% year-on-year to 7.17 billion AED, driven by strong demand and strategic growth in key areas.
This impressive performance is reflected in the EBITDA, which increased by 26% year-on-year to 2.33 billion AED, highlighting the vital role of this sector in enhancing the company’s overall results.
This profitable growth is attributed to the robust utilization of marine support platforms, improved profitability in integrated logistics services, along with an uptick in leasing activity.
Moreover, the engineering, procurement, and construction projects, including the artificial island “Al Amira,” have contributed significantly to revenue increases.
The maritime shipping sector recorded an extraordinary revenue increase of 99% year-on-year, reaching 5.44 billion AED, primarily due to the incorporation of revenues from Navig8’s tanker fleet.
Furthermore, EBITDA rose by 39% year-on-year to 1.6 billion AED despite volatile market conditions compared to the first nine months of 2024, showcasing strong operational execution.
The solid 30% profit margin underscores the company’s operational resilience.
On another note, the services sector continues to support the company’s diversified business model, with revenues increasing by 7% year-on-year to 986 million AED.
EBITDA in this segment grew by 12% year-on-year to 188 million AED, primarily due to increased business volume at the “Brog” container terminal, along with the company’s share of profits from fuel supply services under Integr8.