International Holding Company (IHC) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached AED 31.4 billion, up 33% year-over-year, with net profit attributable to owners at AED 5.07 billion, more than triple the prior year period.

• Basic and diluted EPS rose to AED 2.32 from AED 0.67 year-over-year.

• Major acquisitions included Baobab S.A. (financial services, France) and PI9 SARL (packaging, Luxembourg), expanding the Group's international footprint.

• The Group remains diversified across real estate, food, technology, financial services, marine, hospitality, energy, and other sectors.

Financial highlights

• Gross profit increased to AED 7.92 billion from AED 5.86 billion year-over-year.

• Investment and other income surged to AED 5.74 billion, mainly from fair value gains on financial assets.

• Total assets grew to AED 445.3 billion from AED 428.6 billion at year-end 2025.

• Cash and cash equivalents at period end were AED 37.4 billion.

• Net cash from operating activities was AED 2.6 billion, with net cash used in investing activities of AED 2.4 billion.

Outlook and guidance

• Management is actively monitoring Middle East geopolitical tensions but remains confident in operational resilience; no reliable estimate of financial impact yet.

• Results for Q1 are not necessarily indicative of full-year performance.