e& reported record financial results for FY 2025, with consolidated revenues rising 23.1% year-on-year to AED72.9 billion ($19.85bn), compared to AED59.2 billion in 2024. Net profit increased 33.6% to AED14.4 billion ($3.92bn) from AED10.8 billion, while EBITDA grew 21.1% to AED32.0 billion. Earnings per share climbed to AED1.65 from AED1.24, also up 33.6%.
The group’s subscriber base expanded significantly, with e& UAE reaching 16.3 million subscribers, an 8.4% increase, and total group subscribers rising 31.3% to 244.7 million. The board proposed a cash dividend of 47 fils per share for the second half of 2025, bringing the total annual dividend to 90 fils per share, and announced plans to increase the 2026 annual dividend to 95 fils per share.
The company also confirmed that Group CEO Hatem Dowidar will step down on March 31 after six years in the role. He will be succeeded by Masood M Sharif Mahmood, currently CEO of e& UAE, effective April 1. Chairman Jassem Mohamed Bu Ataba Alzaabi said the results reflect the success of e&’s strategy to evolve into a global technology group.
