Emirates Integrated Telecommunications Company (du) announced a strong financial performance in Q2 2025, with revenue rising 8.6% year-over-year to AED 3.9 billion ($1.06 billion). EBITDA grew 16.4% to AED 1.8 billion, lifting the EBITDA margin to 46.8%, a 3.1 percentage point increase compared to last year. Net profit surged 25.1% to AED 727 million, delivering an 18.6% net profit margin.
Key Q2 2025 highlights include:
- Mobile revenues up 7.7% to AED 1.7 billion, driven by customer base growth and targeted marketing campaigns.
- Fixed revenues rose 10.1% to AED 1.1 billion, fueled by expansion in Home Wireless and Fibre services.
- Other revenues increased 8.8% to AED 1.1 billion, supported by higher roaming, interconnection, handset sales, and ICT services.
- Capital expenditure increased to AED 545 million, reflecting investments in data centers and digital infrastructure growth.
Chairman Malek Al Malek attributed the strong results to focused strategy execution amid a favorable economic environment. CEO Fahad Al Hassawi highlighted consistent operational growth driven by strategic discipline and innovation.
The board approved a 20% higher interim cash dividend of AED 0.24 per share, recognizing the robust financial results.