The general assembly of Lulu Holding Group approved the distribution of cash dividends totaling AED 361.5 million for the second half of the fiscal year 2025 during its annual meeting held on April 23, 2026. This decision underscores the shareholders’ ongoing confidence in the company’s robust financial performance and long-term strategy. Consequently, the total dividends for the entire year will amount to AED 723 million.
The deadline for shareholders to be eligible for dividends is set for May 1, 2026, with payments scheduled for May 23, 2026. This meeting marks the second general assembly since the company was listed on the Abu Dhabi Securities Exchange in November 2024, where shareholders unanimously approved all items on the agenda.
For the fiscal year ending in 2025, the company reported record revenues of USD 7.9 billion, achieving an annual growth rate of 4.1%. This strong performance reflects the operational resilience and sustained strength of its business across the Gulf Cooperation Council (GCC) markets.
Yusuf Ali Musaliam, the Chairman, stated that the positive and strong results for 2025 reflect the robustness of the company’s business model and the trust from customers, partners, and investors. He emphasized the group’s commitment to generating sustainable returns while investing in future growth opportunities through expansion, innovation, and digital transformation.
He added, “As we move forward, our focus remains on enhancing our leadership position across the GCC and improving long-term value for all stakeholders.”
The group has also maintained comparable growth in existing stores, supported by flexible marketing strategies, targeted promotions, and an enhanced emphasis on customer experience. Expansion into key GCC markets, strengthened supplier partnerships, and ongoing cost-efficiency measures have all contributed to improved profit margins.
Additionally, Lulu Group has accelerated the growth of its e-commerce and multi-channel initiatives, with digital channels significantly contributing to total sales. Continued investments in developing private labels and sourcing capabilities have further enhanced profit margins and product differentiation.
Seyfi Robawala, the CEO, indicated that the company is focused on creating a flexible and scalable retail platform that meets future demands, combining excellence in physical operations with digital capabilities. He noted that ongoing investments in technology, supply chains, and the customer experience will prepare the company to seize growth opportunities and deliver sustainable value in the coming years.
At the conclusion of the meeting, the assembly expressed its appreciation for the role played by the Securities and Commodities Authority and the Abu Dhabi Securities Exchange in supporting the company’s listing and ensuring the implementation of best practices in governance and regulatory compliance.