#Abu Dhabi #UAE #Agthia Group #Food and Beverages

Agthia Group Reports Strong Q1 2026 Performance

Agthia Group PJSC (AGTHIA:UH), a prominent agro-food company based in Abu Dhabi, has announced its solid performance for the first quarter of 2026. The results reflect disciplined execution across the company's diversified portfolio, showcasing their ability to maintain operational continuity amidst challenging external conditions.

During Q1 2026, Agthia reported a net revenue increase of 3.3% year-on-year to reach 1.3 billion AED. The EBITDA rose by 4.1%, totaling 193.3 million AED, while net profit soared by 12.5%, amounting to 96.9 million AED. This remarkable performance is attributed to effective management strategies, higher margins, and improvements in operational performance across key business segments.

Salmeen Alameri, the CEO of Agthia, expressed confidence in the company's ability to navigate the complex regional landscape. He stated that the firm’s disciplined execution and the strength of its diverse portfolio contributed significantly to these results. With the agility to adapt to a more complex operational environment, Agthia has ensured uninterrupted supply and consistently managed its operations with focus and coherence. Alameri also noted that ongoing transformation initiatives are beginning to reflect positively in terms of performance improvements, leading to enhanced operational efficiency and resilience in their profit profile.

Khalifa Sultan Al Suwaidi, Chairman of Agthia Group, emphasized the importance of resilience, discipline, and long-term perspectives in navigating the challenging operational landscape. He remarked that Agthia's solid performance is a testament to the robustness of its fundamentals, reinforcing the company's role in supporting broader food security agendas while executing its strategic priorities.

The water and food sectors were significant growth drivers during the quarter, particularly due to strong performance in bottled water sales in the UAE and home and office services. In terms of protein and frozen products, encouraging progress was recorded as efforts toward transformation continue to pay off, with operational capacity enhancements at the group’s Saudi protein factory now in Phase II.

The agro-food sector has continued to bolster the group's performance, delivering robust underlying results while participating in the UAE's food security programs. Simultaneously, the snacking segment has been undergoing re-evaluation focused on future growth and margin potential. Notably, the e-commerce sector recorded a 22.5% revenue increase, accounting for 7.2% of the underlying revenue during Q1 2026.

Agthia Group PJSC is recognized as a leader in the food and beverage sector, with its headquarters in Abu Dhabi and part of ADQ. The company boasts a diverse portfolio of over 20 trusted brands across water, food, snacks, proteins, frozen products, and agro-food sectors. Agthia serves consumers in seven countries and over 60 markets globally, employing more than 12,000 people. By combining scale, strong operational capabilities, innovation, and a commitment to sustainability, Agthia aims to create long-term value across the food and beverage value chain.

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