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Emirates Telecommunications Group Company (EAND) investor relations material

Emirates Telecommunications Group Company Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary29 Oct, 2025

Executive summary

  • Achieved robust topline and bottom-line growth, with nine-month revenue at AED 53.5bn (+25.3% y/y), profit attributable to owners up 39.7% to AED 11.8bn, and EPS increasing by AED 0.39 year-over-year.

  • Net assets increased by AED 7,529mn to AED 61,450mn compared to 31 December 2024.

  • Capital expenditure for the period was AED 8,931mn, up from AED 5,257mn in the prior year.

  • Final and interim dividends totaling AED 0.845 per share were declared and paid/approved.

  • Revised FY 2025 guidance upward for revenue and profitability metrics.

Financial highlights

  • Q3 2025 revenue reached AED 18.6bn, up 29.2% y/y; constant currency growth at 27.4%.

  • EBITDA for Q3 2025 was AED 8.4bn, with a consolidated margin of 45%.

  • Net profit for Q3 2025 stood at AED 3.0bn; EPS at 34 fils, up 0.8% y/y.

  • 9M 2025 revenue totaled AED 53.5bn (+22.3% y/y); EBITDA AED 23.8bn (+14.0% y/y); net profit AED 11.8bn (+39.7% y/y).

  • Operating profit for the period was AED 17,298mn (2024: AED 15,455mn).

Outlook and guidance

  • FY 2025 revenue growth guidance revised to 17–20% (23–24% in constant currency).

  • EBITDA margin expected at ~43%; EPS guidance at ~1.30 AED (excluding one-offs).

  • Capex/revenue ratio guided at 15–16% (excluding spectrum & licenses).

  • The group continues its transformation to a global technology group, aiming for a more balanced geographic and vertical revenue profile.

  • No items of seasonal or cyclical nature affected interim operations.

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