Ades Holding CompanyTADAWUL: 2382

ADES: Record backlog, robust EBITDA growth, and strong offshore performance drive positive outlook

· Issued by Ades Holding Company

Record backlog of SAR 29.7 billion and 11.2% EBITDA growth highlight strong operational execution, despite a 3.6% dip in net profit. Offshore segment led growth, and full-year guidance is reaffirmed with a recommended interim dividend of SAR 231.2 million.

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