ADNOC Distribution has announced impressive results, reporting earnings before interest, tax, depreciation, and amortization (EBITDA) of $885 million during the first nine months of 2025, marking a 12.0% increase. This is the strongest performance the company has achieved in this timeframe since its initial public offering in 2017.
Net profit for the same period rose by 15.6% year-over-year, reaching $579 million.
In the third quarter of 2025, the company saw new highs in EBITDA, hitting $319 million, a 15.9% year-over-year increase.
Furthermore, net profits surged by 21.5%, amounting to $221 million, exceeding analysts’ expectations.
ADNOC Distribution also achieved record fuel sales, totaling 11.7 billion liters during the first nine months of the year.
As part of its regional expansion efforts, the company added 85 new service stations to its network within the past nine months, raising the total to 977 stations.
Most of these additions occurred in Saudi Arabia, where the company inaugurated 72 new stations, increasing its network in the country to 172 service stations. This represents an annual growth rate of 150%, underscoring its commitment to expanding its regional presence.
After exceeding its expansion targets ahead of schedule, ADNOC Distribution announced that it has raised its end-of-year goals to open between 90 and 100 new service stations by the end of 2025, compared to previous guidance of 60 to 70 stations.
This update includes plans to open between 80 and 90 new stations solely in Saudi Arabia.
During the inaugural Investor Council held in Abu Dhabi, ADNOC Distribution announced that it is aiming for a total of 1,150 service stations in its network by 2028.
Additionally, the company proposed extending its dividend policy until 2030, subject to shareholder approval, with plans to implement quarterly dividend distributions starting in the first quarter of 2026.
This renewed commitment reflects the company’s confidence in its ability to achieve long-term growth, supported by solid financial performance and a strong balance sheet.
Engineer Badr Saeed Al Lamki, CEO of ADNOC Distribution, remarked that the company’s record performance this year confirms the strength of its five-year growth strategy, reinforcing its position as a leader in the mobility and retail sectors. The company experienced its highest quarterly EBITDA, along with rapid expansion in its service station network, demonstrating the robustness of its business model and its strong confidence in achieving sustainable long-term growth.
He added that this confidence is evident in the raised expansion targets and the two-year extension of the dividend policy, ensuring rewarding and stable returns for investors.
Focusing on the non-fuel retail sector, including the launch of the enhanced ‘ADNOC Oasis’ brand and expanding its leased real estate units, the company is building a flexible platform for mobility and retail that meets growing customer needs, contributing to sustainable and long-lasting value for shareholders, backed by a strong balance sheet and a clear vision for future growth.
The non-fuel retail sector continued to gain strong momentum during the third quarter of 2025, with a 14.7% year-over-year increase in total net profit for this segment. In the first nine months of the year, the company recorded the highest number of non-fuel retail transactions in its history, totalling 39.6 million transactions, which represents an annual growth of 10.2%.
Moreover, the company achieved the highest rate of customer conversion from fuel stations to retail stores since 2021, reaching 26.2%, an increase of 65 basis points compared to the previous year, reflecting significant improvements in operational efficiency and enhanced customer engagement with retail services.