ADNOC Distribution reported strong financial results for the first quarter of 2026. Net profit rose 21% year-on-year to AED 210 million.
EBITDA increased 12% to AED 307 million, driven by a diversified business model and operational efficiency.
The company maintains its 2026 targets: 60-70 new stations, 50-60 new EV charging points, and $250-300 million in CapEx.
CEO Bader Al Lamki stated: 'Q1 confirms our resilience and diversification. We don't just grow; we grow with discipline.'
The stock remains stable, offering attractive shareholder returns.
