AD Ports Group reported its strongest quarterly results on record in Q2 2026, with revenue increasing 47% year-on-year to AED 7.08 billion. EBITDA rose 49% to AED 1.74 billion, while total net profit nearly doubled, increasing 88% to AED 836 million.
The Group delivered the record performance despite regional geopolitical and supply chain disruptions around the Strait of Hormuz. AD Ports Group expanded alternative trade routes through the UAE’s East Coast, including rerouting cargo operations and feeder services to Fujairah Terminals and Khor Fakkan Port, alongside new land and air bridges and additional warehousing capacity.
Maritime & Shipping was a major contributor to growth, with quarterly revenue rising 62% year-on-year to AED 3.82 billion and EBITDA increasing 79% to AED 1.03 billion. The cluster accounted for 53% of Group revenue during the quarter, supported by increased capacity and higher shipping rates.
Economic Cities & Free Zones revenue increased 132% to AED 1.29 billion, supported by continued growth and an AED 650 million warehouse sale in KEZAD Abu Dhabi. Logistics revenue rose 30% to AED 1.47 billion, while EBITDA increased 154% to AED 94 million. Ports revenue declined 17% to AED 609 million as regional disruptions affected UAE container and cargo volumes.
For the first half of 2026, AD Ports Group generated revenue of AED 12.83 billion, up 36% year-on-year. EBITDA increased 41% to AED 3.25 billion, while total net profit rose 64% to AED 1.49 billion. Net profit attributable to owners of the company also increased 64% to AED 1.09 billion.
AD Ports Group continued its international expansion during the quarter, announcing its largest-ever acquisition with the AED 3.1 billion purchase of Brazil’s Corredor Logística e Infraestrutura. The Group also announced the AED 300 million acquisition of Germany-based MBS Logistics and completed the AED 1.1 billion acquisition of an additional 30% stake in Global Feeder Shipping, increasing its ownership to 81%.
Operating cash flow reached AED 2.14 billion in Q2, up 88% year-on-year. Net leverage improved to 3.7x from 4.1x a year earlier, while total net debt stood at AED 22.73 billion as of the end of June 2026.
Source: AD Ports Group
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