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Baladna (BLDN) investor relations material

Baladna Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary30 Jul, 2026

Executive summary

  • H1 2026 revenue rose 2.6% YoY to QAR 659.4m, with net profit of QAR 361.9m, up 9.3%; domestic execution, product innovation and international expansion supported performance.

  • Maintained leading Qatar market position through product launches, customer reach and renewal of key commercial contracts.

  • Advanced Algeria and Syria projects and signed a global farming collaboration MoU with Al Dahra Holding.

Financial highlights

  • H1 revenue was QAR 659.4m (+2.6% YoY); Q2 revenue was QAR 329.4m (+5.6%).

  • H1 net profit was QAR 361.9m (+9.3%); Q2 net profit was QAR 300.7m (+10.2%).

  • H1 gross profit was QAR 194.3m; gross margin rose to 29.5% from 25.9%.

  • H1 EBITDA was QAR 477.6m (+7.5% YoY), with a 72.4% margin; EPS was QAR 0.170, up from QAR 0.154.

  • Total assets reached QAR 7.15bn and total equity QAR 3.83bn at June 2026; cash and cash equivalents were QAR 100.3m.

Outlook and guidance

  • Full-year evaporated milk revenue expected at QAR 120m versus QAR 108m last year; H1 revenue was QAR 30m–35m after the renewed contract began in April.

  • Ice cream could become a QAR 30m–50m annual revenue business; supply-chain constraints limited launches to small batches, and in-house Qatar production is under consideration.

  • Priorities include advancing Algeria and Syria projects, product innovation, operational efficiency and evaluating regional opportunities.

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