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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.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.
- Net profit surged 137% on 15% revenue growth, with strong market share and product innovation.BLDN
Q2 2024 - Net profit surged 118% year-over-year on 11% revenue growth and expanding market share.BLDN
Q3 2024 - Record revenue and net profit rose 8% and 69% YoY, driven by sales, efficiency, and expansion.BLDN
Q4 2024 - Q1 2025 saw 6% revenue and 21% net profit growth, with Algeria expansion and bonus shares issued.BLDN
Q1 2025 - Net profit surged 229% YoY to QAR 331.2m, driven by investment gains and global expansion.BLDN
Q2 2025 - Net profit surged 170% on 10% revenue growth, driven by expansion and innovation initiatives.BLDN
Q3 2025 - Record FY2025 results and international expansion, backed by a proposed 24% rights issue.BLDN
Q4 2025 - Profitability improved as supply held steady and Algeria and Syria projects advanced.BLDN
Q1 2026
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