Stronger margins, operational efficiency, and e-commerce growth drive Agthia Group’s quarterly results.
ABU DHABI: Agthia Group announced a strong performance for Q1 2026, reflecting disciplined execution across its diversified portfolio and resilience amid external challenges.
Group net revenue rose 3.3% year-on-year to Dh1.3 billion, EBITDA increased 4.1% to Dh193.3 million, and net profit climbed 12.5% to Dh96.9 million, supported by stronger margins, operational efficiency, and improved performance across key businesses.
The results were driven by solid execution in core segments, ongoing transformation initiatives, and the Group’s ability to adapt quickly to a more complex operating environment.
Agthia Group Chairman Khalifa Sultan Al Suwaidi said the first quarter reinforced the importance of resilience, discipline, and a long-term perspective in navigating a more complex operating environment.
He added that the Group’s performance reflects strong fundamentals, its role in supporting the broader food security agenda, and its continued focus on executing strategic priorities.
Managing Director and CEO Salmeen Alameri said the quarterly results highlight disciplined execution across the business, the strength of its diversified portfolio, and the commitment of its teams. He noted that despite a complex regional backdrop, the Group responded with agility, maintained uninterrupted supply, and continued to manage operations with consistency and focus.
At the same time, ongoing transformation initiatives across Agthia Group are increasingly translating into improved performance, supporting greater operational efficiency, stronger margins, and a more resilient earnings profile.
The company said it remains focused on its long-term priorities and confident in further strengthening its position as a leading food and beverage player.
Segment performance
The Water & Food segment remained a key growth driver during the quarter, supported by strong demand for UAE bottled water and Home and Office Services.
The Protein & Frozen segment also showed steady progress, driven by continued transformation efforts and the ramp-up of Agthia’s Saudi protein facility, with Phase II now operational and adding additional capacity.
The Agri-Business segment further supported Agthia Group’s performance, delivering resilient underlying results alongside its participation in UAE food security initiatives. The Snacking segment continued its restructuring phase, focused on strengthening future growth and improving margin potential.
In Q1 2026, the Group also recorded a 22.5% rise in e-commerce revenue, which now represents 7.2% of underlying revenue.
