Emirates Integrated Telecommunications Company (DU) investor relations material

Executive summary

• Q3 revenue rose 7.1% YoY to AED 4,145,041 thousand and net profit increased 7.3% to AED 785,728 thousand; EBITDA margin was 47.7%.

• Nine-month revenue increased 6.2% to AED 12,342,614 thousand, EBITDA rose 9.2% to AED 6,007,296 thousand and net profit grew 10.8% to AED 2,417,699 thousand.

Financial highlights

• Q3 service revenue grew 5.1% YoY to AED 3,020m and other revenue rose 12.6% to AED 1,125m.

• Q3 EBITDA increased 6.7% to AED 1,975m; net profit growth mainly reflected higher EBITDA.

• Nine-month operating profit was AED 4,311,720 thousand versus AED 3,882,991 thousand; EPS rose to AED 0.53 from AED 0.48.

• Nine-month operating cash flow increased to AED 3,575,262 thousand from AED 3,342,287 thousand; operating free cash flow rose 5.7% to AED 4.323bn.

Outlook and guidance

• FY2026 guidance remained unchanged at revenue growth of 4%–6% and EBITDA margin of 46%–47%, assuming no further deterioration in the current situation.

• Priorities include strengthening and monetising core business, scaling digital services, expanding data centres, deepening ICT capabilities and advancing strategic partnerships.

• Data-centre, cloud and advanced-connectivity investments aim to expand digital-economy and enterprise offerings; management expressed confidence in UAE economic prospects amid uncertain external conditions.