Ittihad International Investment Reports Remarkable 12.6% EBITDA Growth for H1 2025

Ittihad's Impressive H1 2025 Performance

Ittihad International Investment LLC, a prominent industrial conglomerate based in Abu Dhabi, UAE, revealed its financial performance for the first half of 2025, demonstrating consistent growth across various sectors. The company reported a revenue of USD 1.68 billion, reflecting a 3.3% year-on-year increase. More importantly, the adjusted EBITDA surged by an impressive 12.6%, reaching USD 82.9 million; a testament to the company’s robust operational framework that has shown resilience in fluctuating market conditions.

Overview of Financial Health

Maintaining an adjusted EBITDA margin of 13.3%, consistent with the same period last year, Ittihad's performance is characterized by positive growth in its business services and sector-specific manufacturing capabilities. The Group's diverse service offerings have yielded significant profit margins, particularly within utility and healthcare services—an area propelled by innovative enhancements and technology.

Noteworthy operational mentions include a solid backlog in utility services, ensuring revenue visibility for the next fiscal year. In healthcare, the introduction of a digital platform for appointment management stands out, greatly improving efficiency for both providers and patients, and generating additional revenue through technology provider fees.

Key Highlights from the Segments

The Business Services segment saw an astonishing 42.7% year-on-year rise in EBITDA, totaling USD 29.9 million. This remarkable growth primarily resulted from an expanding pipeline in utility services and healthcare solutions. In Abu Dhabi, infrastructure investments have fostered increased demand for sewage treatment and municipal utility services.

Support for healthcare services also stemmed from the newly launched digital healthcare platform, allowing easy appointment management. With surging population levels and booming tourism lifting case volumes in diagnostics and outpatient care, the segment continues to thrive.

Furthermore, Infrastructure and Building Materials Manufacturing reported a 37% increase in EBITDA, hitting USD 31.2 million. The rising demand for raw materials such as copper, steel, and cement—especially given copper's significance in global clean energy transitions—along with cost efficiencies from a new copper recycling plant, underscore the segment’s strong performance.

Conversely, the Consumer Goods segment experienced a downturn, with EBITDA dropping 25.2% to USD 25.6 million, impacted by the volatility in pulp prices. This was primarily due to an increase in production costs from higher-cost pulp inventories during the transition to a more favorable pricing environment expected in the next quarters.

Long-Term Vision and Sustainability Efforts

Looking ahead, Ittihad remains optimistic about H2 2025, with projected growth across the infrastructure, building materials, and business services segments. The company is on track with innovative product launches scheduled for late 2025 while sustaining its progress in constructing a new tissue mill in Saudi Arabia, set to commence operations in early 2026.

In alignment with its sustainability strategy, Ittihad enhanced its environmental and social governance (ESG) initiatives during H1 2025, successfully exceeding its renewable energy targets and reducing water consumption by 12%. The achievement of comprehensive greenhouse gas emission inventories further solidifies its commitment to maintaining transparency regarding climate impact.

Conclusion

CEO Amer Kakish commented on these impressive figures, indicating H1 2025 as a pivotal moment for the Group, as it demonstrates Ittihad's robust operational framework and capacity for profitable growth across varied market conditions. The Group’s strategy is focused on sustainable wealth creation that benefits stakeholders and is indicative of enough resilience to weather economic fluctuations.

Established in 2008, Ittihad International Investment has made notable strides in various sectors within the UAE, Saudi Arabia, and Egypt, with aspirations to enhance its international footprint. With a workforce exceeding 8,000 employees from over 57 nationalities, the company continues to strive for operational excellence and long-term sustainability.