Du Reports AED 732 Million Q3 Profit Driven By Strong Growth Across Key Business Segments

Emirates Integrated Telecommunications Company PJSC, known as du, has released its financial results for the third quarter of 2025. The company reported a notable increase in revenue and profitability across its main business areas. Revenue grew by 7.9% compared to the previous year, reaching AED3.87 billion, driven by growth in mobile, fixed, and ICT sectors.

EBITDA for the quarter was AED1.85 billion, with a margin of 47.8%. Net profit on a normalised basis rose by 25.8% to AED732 million. Fahad Al Hassawi, CEO of du, stated that these results highlight the company's growth path and operational efficiency.

The mobile customer base expanded by 10.3% year-on-year to 9.2 million subscribers due to increased demand for both prepaid and postpaid services. Additionally, fixed-line customers grew by 9.7%, reaching 718,000, indicating strong demand for home wireless and fibre broadband services.

Operating free cash flow saw an increase of 11%, amounting to AED1.36 billion. Capital expenditure was recorded at AED492 million, reflecting a 12.7% intensity ratio.

Al Hassawi mentioned that the successful secondary public offering boosted du's free float to 27.7%, enhancing liquidity and diversifying the investor base. This move demonstrates strong confidence in du's long-term strategy.

The CEO also highlighted du's commitment to strengthening its core connectivity business while expanding into high-growth areas like AI and digital solutions. Recent initiatives include launching the AI Park ecosystem and an AI supercluster, underscoring du's focus on sovereign AI leadership and sustainable diversification.

Outlook for Future Growth

Du's robust performance over three consecutive quarters supports its full-year guidance for 2025. The company expects revenue growth between 6% and 8% and an EBITDA margin ranging from 45% to 47%. Al Hassawi emphasised that du will continue leveraging its momentum to achieve these targets.

The company's strategic focus remains on reinforcing its core operations while exploring new opportunities in emerging technologies to ensure sustained growth and diversification in the future.

With inputs from WAM