ADNOC Logistics & Services (ADNOC L&S) has raised its full-year 2026 financial guidance for revenue, EBITDA and net profit, supported by continued strong performance in its Shipping segment.
Group 2026 Guidance
| Metric | Current 2026 Guidance | Previous Guidance |
|---|---|---|
| Revenue | Mid 20% growth | Low single-digit growth |
| EBITDA | Mid 60% growth | High 20% growth |
| Net Profit | High 110% growth | High 60% growth |
Shipping is expected to be the key growth driver, with the company assuming continued support from strong shipping markets. ADNOC L&S noted that full-year results remain highly dependent on regional dynamics.
2026 Revenue Guidance by Segment
| Segment | Current 2026 Guidance | Previous Guidance |
|---|---|---|
| Integrated Logistics | Mid-20% reduction | Mid-to-high 20% reduction |
| Shipping | Mid-80% growth | Mid-to-high-teens growth |
| Services | Mid single-digit growth | Low-to-mid single-digit growth |
2026 EBITDA Guidance by Segment
| Segment | Current 2026 Guidance | Previous Guidance |
|---|---|---|
| Integrated Logistics | Mid 20% reduction | Mid-to-high 20% reduction |
| Shipping | Low 190% growth | Mid-to-high 50% growth |
| Services | Low 20% growth | Low-to-mid single-digit growth |
The Offshore Contracting segment has also been positively impacted by gradual improvements in material handling volumes within the Integrated Logistics Services Platform (ILSP). The revised guidance assumes further improvements in these volumes while maintaining the company’s previous assumptions for its Jack-Up Barge fleet.
ADNOC L&S also confirmed its positive medium-term outlook, although exact medium-term guidance parameters are currently under review in light of ongoing 2026 performance and the company’s latest expansion announcements.
Source: ADNOC Logistics & Services
Disclaimer: This post is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any investment decisions.