Abu dhabi: ADNOC Logistics and Services plc has announced record-breaking financial results for the first nine months of 2025, alongside a resilient third quarter. For this period, the company reported a 39 percent year-on-year increase in revenue, reaching $3,705 million (AED13,605 million). EBITDA rose by 30 percent year-on-year to $1,123 million (AED4,125 million), maintaining an EBITDA margin of 30 percent. Net profit climbed to $631 million (AED2,317 million), a 9 percent increase from the previous year.
According to Emirates News Agency, the company's robust performance spans all business segments, reflecting ADNOC LandS's strategic expansion in energy-related maritime logistics. In Q3 2025, revenue grew 36 percent year-on-year to $1,266 million (AED4,648 million), with EBITDA increasing by 38 percent to $379 million (AED1,393 million) and net profit rising 20 percent year-on-year to $211 million (AED773 million).
Captain Abdulkareem Al Masabi, CEO of ADNOC LandS, stated, "This is our strongest nine-month performance since listing, alongside outstanding quarterly results. Our performance is driven by the strength of our strategy and disciplined execution. Our diversified platform, long-term contracts, and operational excellence continue to drive sustainable growth. We are expanding capacity, capturing value-accretive opportunities, and reinforcing ADNOC LandS's position as a global leader in energy maritime logistics."
Starting Q3 2025, ADNOC LandS transitioned to quarterly dividend payouts to provide more frequent returns to shareholders. The full-year dividend is set to increase by approximately 20 percent year-on-year to $325 million (AED1,194 million), with a planned 5 percent annual increase through 2030, reflecting strong financial performance and long-term growth confidence.
The integrated logistics segment delivered robust performance, with revenues rising 17 percent year-on-year to $1,955 million (AED7,179 million), driven by strong demand and strategic growth in key areas. Consequently, EBITDA rose by 26 percent year-on-year to $635 million (AED2,331 million). Growth was driven by high utilization and favorable rates for Jack-Up Barges, improved margins across the Integrated Logistics Solution Platform, and increased chartering activity. The Engineering, Procurement and Construction project, including G-Island, also contributed meaningfully to revenue expansion.
Meanwhile, the shipping segment achieved remarkable growth, with revenues soaring 99 percent year-on-year to $1,481 million (AED5,440 million), largely due to the consolidation of revenue from the Navig8 tanker fleet. Despite challenging market conditions compared to the first nine months of 2024, Shipping EBITDA rose 39 percent year-on-year to $438 million (AED1,608 million), reflecting strong operational execution and a solid EBITDA margin of 30 percent.
The services segment continues to strengthen ADNOC LandS's diversified business model, with revenues increasing 7 percent year-on-year to $269 million (AED986 million). EBITDA rose 12 percent year-on-year to $51 million (AED188 million), primarily driven by higher volumes at the Borouge Container Terminal and the share of profit from Navig8's bunkering business, Integr8.