The Group’s transformation gathered pace in H1-2026, as it advanced its portfolio reset
Agthia Group, one of the region’s leading food and beverage companies, today reported its first-half and second-quarter of 2026 results, reflecting the growing impact of its multi-year transformation, with stronger cash generation, a materially healthier balance sheet, and a 14.4% increase in the interim dividend.
The Group’s transformation gathered pace in H1-2026, as Agthia advanced its portfolio reset while navigating external challenges and cost pressures. For the first half, Group Revenue increased 7.4% year-on-year to AED 2.6bn, underpinned by one-off sales under the UAE food security program that reflected Agthia’s role in supporting the national agenda.
EBITDA climbed 35.8% to AED 310.5mn, with EBITDA Margin expanding 250 basis points to 11.9%, while Net Profit reached AED 121.4mn, up 147.4% year-on-year. For the second quarter of the year, Group Revenue increased 11.9% year-on-year to AED 1.3bn. Net Profit reached AED 24.5mn in the second quarter of the year.
Continued progress
Across the Group, strong growth in core businesses was complemented by continued progress in selected transformation initiatives. Water and Food led the way, with revenue up 38.9% in the second quarter, as Al Ain, Agthia’s first billion-dirham brand, extended its lead in bottled water and gained 2.0 percentage points of value market share versus the same period last year.
“Even in a demanding environment, the Group is generating the cash to reward shareholders and fund its own growth, and that balance is exactly what we are working to protect,” observed Khalifa Sultan Al Suwaidi, Chairman, Agthia’s Board.
Tangible results
“The transformation we set in motion a year ago is delivering tangible results, with stronger earnings, expanding margins, and improved cash generation strengthening our balance sheet. We maintained uninterrupted supply, supported our customers, and advanced the UAE’s food security agenda when it mattered most,” commented Salmeen Alameri, Managing Director and CEO, Agthia Group.
“With AED 870mn of cash and cash equivalents, Agthia is well positioned to navigate the current regional disruption, execute our strategic transformation programs and enhance shareholder returns,” added Jeroen Nijs, Chief Financial Officer, Agthia Group.
