Abu Dhabi:Burjeel Holdings PLC has reported a significant increase in its financial performance for the first nine months of 2026. The Group's revenue grew by 5.6 percent year-on-year, reaching AED4.329 billion. Net profit, excluding one-off items, saw a substantial rise of 42.1 percent, amounting to AED412 million.
According to Emirates News Agency, the company's EBITDA, excluding one-off items, increased by 21.3 percent year-on-year to AED892 million. Net cash from operating activities surged by 217.4 percent, totaling AED775 million, mainly due to improved operating profitability and favorable working capital movements, although this was partly offset by higher corporate tax payments.
Additionally, Burjeel Holdings reported a 154.1 percent increase in free cash flow to AED750 million, leading to an improved free cash flow conversion rate of 87 percent. Return on invested capital also rose to 13.3 percent from 11.8 percent in the same period in 2025, indicating enhanced profitability and capital efficiency.
The company experienced growth in patient visits, with a total of 5.8 million visits, representing a 13.1 percent increase year-on-year. Outpatient visits increased by 13.2 percent, while inpatient visits grew by 10.6 percent. Outpatient utilization reached 72 percent, and bed occupancy stood at 73 percent, showing higher utilization across Burjeel Holdings' network of 1,754 beds.
The Hospitals segment saw a 6.9 percent revenue increase to AED3.867 billion, driven by sustained patient demand, improved asset utilization, and strong contributions from advanced medical services. The segment's EBITDA, excluding one-offs, rose by 18.1 percent to AED927 million, with margins expanding from 21.7 percent to 24.0 percent.
Burjeel Medical City's EBITDA increased by 17.6 percent year-on-year to AED85 million in the third quarter, with margins rising to 22.8 percent. For the nine-month period, its EBITDA rose by 24.9 percent to AED230 million, supported by stronger operating leverage and disciplined cost management.
The Medical Centres segment also reported a revenue increase of 12.0 percent to AED381 million, benefiting from the Group's community-based healthcare network. The segment's EBITDA surged by 82.4 percent to AED53 million, reflecting significant profitability gains.
Dr. Shamsheer Vayalil, Chairman and CEO of Burjeel Holdings, highlighted the company's progress in operating transformation and its plans for further growth through integrated and scalable healthcare delivery platforms, pioneering therapies, and international partnerships.