#Abu Dhabi #UAE #Fiscal Year 2025 #e #record earnings

e Achieves Record Financial Milestone in FY 2025

In an impressive display of financial prowess, e has announced a record-breaking fiscal year for 2025, showcasing consolidated revenues of AED 72.9 billion. This figure represents a remarkable increase of 23.1% from the previous year, affirming the company's successful business strategy and operational enhancements.

Financial Highlights of FY 2025

Key financial metrics reveal a significant surge in performance:

• - Consolidated Revenue: AED 72.9 billion (up from AED 59.2 billion, a 23.1% increase)
• - Net Profit: AED 14.4 billion (up from AED 10.8 billion, a 33.6% rise)
• - EBITDA: AED 32 billion (increased by 21.1% from AED 26.5 billion)
• - Earnings Per Share: AED 1.65, an upturn of 33.6% from AED 1.24

The growth in net profits was driven by advancement across various business verticals and a notable increase in subscription bases, further establishing e's strong position in the telecommunications and technology sectors.

Subscriber Growth

The company's subscriber base also exhibited robust growth, increasing to 244.7 million across regions including Asia, Africa, the Middle East, and parts of Central and Eastern Europe. The UAE market alone accounted for 16.3 million subscribers, reflecting an 8.4% year-on-year growth. Overall, the group’s subscriber growth of 31.3% underscores its expanding footprint in a competitive landscape.

Future Dividends

In terms of shareholder returns, the board has proposed a cash dividend of 47 fils per share for the second half of 2025, which brings the annual total to 90 fils. Looking to the future, this will increase to 95 fils in 2026, emphasizing the company’s commitment to delivering value to its shareholders.

Leadership Transition

In a noteworthy announcement, the group CEO Hatem Dowidar will be stepping down after six years at the helm, with his last day being March 31, 2026. Dowidar's leadership saw e transition from a regional telecom operator to a global technology player, enhancing its strategic vision and operational capabilities. His departure marks the close of a significant chapter in e's history.

Masood M. Sharif Mahmood, currently the CEO of e UAE, will take over as group CEO starting April 1, 2026. He brings to the role over 25 years of experience in communications, investment, and technology leadership, indicating a smooth transition and continuity in strategy.

Reflections on Leadership

Hatem Dowidar expressed gratitude for the journey and milestones achieved during his tenure, highlighting the transformation e experienced under his guidance. He also extended his confidence in Masood’s capability to lead the company towards greater horizons, ensuring ongoing focus on innovation, strategic execution, and sustainable growth.

Masood M. Sharif Mahmood echoed similar sentiments, acknowledging the contributions of the outgoing CEO and vowing to build upon the foundation laid during his predecessor's term. His commitment to leveraging advanced technologies, including AI, will be pivotal as e aims to redefine connectivity and deliver innovative solutions.

Conclusion

The fiscal year 2025 marks a landmark achievement for e, demonstrating the effectiveness of its strategic initiatives and reinforcing its position as a leader in technology and telecommunications. The company remains focused on executing its strategic priorities while contributing value to its shareholders, customers, and communities worldwide. As it embarks on this new chapter of leadership, e is poised for continued success and innovation in the ever-evolving market landscape.