Abu dhabi: ADNOC Logistics and Services Plc (ADNOC L and S) today announced that shareholders approved all agenda items at its Annual General Meeting, including the Company's final dividend of $81.25 million (AED 298.39 million), bringing the 2025 full-year dividend to $325 million (AED 1,193.56 million).
According to Emirates News Agency, recent regional developments have not materially affected ADNOC L and S' global operations. Overall, the company remains financially strong and fully operational across all divisions.
ADNOC L and S continues to closely monitor the current operating environment and is working in coordination with relevant authorities and stakeholders to ensure the safety of its people and the continuity of its operations. Dividends for the first nine months of 2025 totaled $243.75 million (AED 859.3 million) (12.1 fils per share), with the third-quarter dividend paid in December 2025. Subject to required approvals, the dividend is set to increase by 5% annually from 2026 to 2030 and will be paid out quarterly.
ADNOC L and S delivered record 2025 results, with EBITDA up 32% and net profit up 14% year-on-year. Performance was driven by favorable market demand, strong operational execution, and continued expansion across core and growth segments. The integration of Navig8, an international shipping pool operator and commercial management company, was a milestone that strengthened and transformed the company's capabilities across its logistics value chain.
Dr. Sultan Al Jaber, Chairman of ADNOC L and S, remarked on the company's financial discipline and the tangible returns for shareholders, emphasizing the company's strategy to pursue value-accretive growth while maintaining predictable returns. ADNOC Logistics and Services has built a global platform supported by a resilient business model anchored by long-term contracts, positioning itself to deliver consistent results through economic cycles.
Revenue in 2025 increased 41% year-on-year to over $5.02 billion (AED 18.4 billion), with EBITDA growing 32% and net profit rising 14% to $863 million (AED 3.17 billion). This reflects ADNOC L and S' ongoing transformation into a global market leader. As of December 31, 2025, the company's share price increased by 195% since the IPO, reinforcing investor confidence in its long-term strategy.
Captain Abdulkareem Al Masabi, CEO of ADNOC L and S, highlighted the company's growth strategy, anchored by service excellence and safe operational execution. The acquisition of an 80% stake in Navig8 and the company's robust balance sheet have been pivotal in sustaining its resilience. The Value Efficiency Initiative, introduced in early 2025, delivered $119 million (AED 437 million) over the year, surpassing its original target by 19%.
The acquisition of Navig8 significantly expanded ADNOC L and S' global footprint to 19 cities, adding commercial scale and strengthening its revenue profile. In 2025, ADNOC L and S also enhanced its fleet with new Very Large Ethane Carriers and LNG carriers, generating long-term contracted revenue. The company secured long-term strategic partnerships, including a 50-year agreement with TA'ZIZ and a 15-year agreement with Borouge, bolstering its contracted revenue base.
With ongoing digitalization, ADNOC L and S has leveraged AI, big data, and advanced digital platforms to enhance service excellence, operational performance, and safety. Its AI-enabled Smart Port Solution significantly reduced vessel turnaround times and improved operational efficiencies, further enhancing value for ADNOC L and S and its customers.