ADNOC Distribution Delivers Record 2025 Results Amid Growth In Fuel, Non-Fuel Retail And EV Infrastructure

ADNOC Distribution reports its strongest annual performance on record for 2025, supported by higher fuel and non-fuel demand, wider regional presence and strict cost control. The Company also confirms a sizeable dividend for shareholders and signals continued expansion in both physical service stations and electric vehicle charging points.

For 2025, ADNOC Distribution records EBITDA of $1,166 million, up 11.1 percent year-on-year, while net profit rises 15.4 percent to $761 million, beating analyst forecasts. Total retail and commercial fuel volumes reach 15.7 billion litres, reflecting resilient consumption across the UAE, Saudi Arabia and Egypt.

Management links the financial results to strict delivery of the Company’s growth strategy and stronger operations in all markets. Fuel volumes are supported by network growth and rising footfall, while international activities add more to group earnings. The core fuel business benefits from positive economic conditions and stable customer demand.

Non-fuel retail continues to grow in 2025. Gross profit from this segment increases 14.4 percent year-on-year, and transaction volumes advance 9.3 percent. ADNOC Rewards membership exceeds 2.61 million, with more than 350,000 new members joining over twelve months, representing a 16 percent year-on-year rise in active loyalty users.

The Company steps up its physical network roll-out during 2025, adding 119 new service stations, above the increased guidance range of 90 to 100 additions. This takes the total network to 1,010 stations, a 13 percent year-on-year increase, with management targeting 1,150 stations by 2028.

ADNOC Distribution also invests heavily in EV charging infrastructure during 2025. The Company installs 182 additional fast and super-fast charging points at key locations, lifting the E2GO network in the UAE to 402 charging points, an 83 percent year-on-year increase. Plans target up to 750 charging points by 2028.

ADNOC Distribution 2025 financial results and shareholder returns

The Board proposes a dividend of $350 million for the second half of 2025, bringing total 2025 dividends to $700 million. Shareholders will review the proposal during the Annual General Assembly, which is scheduled to be held in March 2026, subject to regulatory and corporate approvals.

From the first quarter of 2026, ADNOC Distribution plans to move to quarterly dividend payments. Subject to shareholder approval at the March 2026 meeting, the dividend policy will be extended until 2030. The policy entitles shareholders to at least $700 million annually or 75 percent of net profit, whichever is greater.

The shift to quarterly dividends is designed to give investors more frequent cash distributions and clearer visibility on returns, while keeping upside from potential earnings growth. With the extension of the policy, total announced and proposed dividends between 2023 and 2030 are expected to reach a minimum of $4.9 billion.

ADNOC Distribution 2025 financial results, brand upgrades and strategic direction

Management reports several strategic milestones during 2025. In September, the refreshed Oasis by ADNOC brand is introduced, repositioning convenience retail with an "on the gourmet" concept. The offer includes upgraded food, beverages and barista-crafted coffee, intended to provide a more consistent, higher-quality experience across the station network.

In November, ADNOC Distribution launches The Hub by ADNOC concept, which combines fuel, EV charging and car care with destination-focused lifestyle services. Six Hub locations open during 2025, and the Company plans to reach 30 Hubs by 2030, supporting its goal to grow non-fuel revenue streams across key markets.

Bader Saeed Al Lamki, CEO of ADNOC Distribution, said, "2025 was a milestone year for ADNOC Distribution, delivering record financial performance while advancing our transformation into a mobility and convenience retail leader. Strong execution across our core fuel business, non-fuel retail, network expansion and EV infrastructure demonstrates the resilience of our business model and our ability to adapt to evolving customer needs. Since IPO, we have delivered a total shareholder return of 120 percent; as we look ahead to 2026, we remain focused on disciplined growth, operational excellence and delivering sustainable long-term value for our shareholders."

Looking ahead to 2026, ADNOC Distribution expects the growth trend to continue, helped by more stations, a larger non-fuel contribution and further regional expansion. The Company plans to add 60 to 70 new stations and install 50 to 60 extra fast and super-fast charging points, while progressing its shift toward becoming a native AI focused enterprise.

With inputs from WAM