ADNOC Distribution’s pumps up Dh8.74 billion in Q1-2024 revenues

ADNOC Distribution’s pumps up Dh8.74 billion in Q1-2024 revenues

ADNOC Distribution operates 846 locations, with 532 in the UAE, 69 in Saudi Arabia and 245 in Egypt. Altogether, it pumped in 3.69 billion liters to customers across the first three months of 2024.

“Our robust first-quarter results with an 18 per cent EBITDA growth are a testament to the company’s five-year strategy announced earlier this year, which prioritizes domestic growth, international platforms, and future-proofing the business," said Bader Saeed Al Lamki, CEO.

"We are well positioned to achieve our operational objectives for 2028, aiming to expand the ADNOC Distribution network to 1,000 stations, increase the number of fast and super-fast EV charging points to at least 500, grow our non-fuel transactions by 50 per cent, and increase the number of convenience stores by 25 per cent."

ADNOC Distribution's pumps up Dh8.74 billion in Q1-2024 revenues