ADNH Catering recently shared impressive financial results for the first nine months of 2024, reporting AED1.2 billion in revenue, AED167 million in EBITDA, and AED110 million in net profit. These solid numbers reflect the company’s efficient operations and growth in new contracts, reinforcing ADNH Catering’s strong market position.
CEO Clive Cowley expressed pride in the company’s successful debut on the Abu Dhabi Securities Exchange (ADX), viewing it as a promising step toward future expansion. He mentioned that the company is looking to grow strategically, with new plans in the pipeline.
In line with its commitment to shareholders, ADNH Catering plans to pay a cash dividend totaling AED180 million in 2025. Starting in 2026, the company aims to raise this dividend by 5% each year, reflecting confidence in continued growth.
With a solid client retention rate and disciplined strategies, ADNH Catering projects a revenue growth of 5-7% annually and an EBITDA margin of 13-14% over the next few years. This steady growth outlook highlights ADNH Catering’s strong business fundamentals and its focus on sustainable expansion in the UAE market.
