Agthia Group Reports Q3 Revenue Growth Amid Rising Operational Costs

Agthia Group, based in Abu Dhabi, announced a 14.4% year-on-year revenue increase to 1.3 billion AED for the third quarter of 2026. This growth, which includes 104.7 million AED from one-off sales, occurred despite significant headwinds from rising PET, freight, and distribution costs impacting margins across several segments.

Profitability metrics showed notable improvement, with EBITDA rising 39% to 123.1 million AED and net profit reaching 33.2 million AED, up from 4.1 million AED in the same period last year. The group's financial position strengthened, with net debt-to-EBITDA improving to 2.4x from 2.9x at the end of 2025.

Segment performance varied: while the Water & Food division benefited from strong core demand and contract sales, the Agri-Business unit saw its EBITDA margin contract by over 800 basis points due to input cost pressures. Meanwhile, the Snacking division continued its strategic reset. CEO Salmeen Alameri attributed the results to improved operational discipline and stated the company is prioritizing digital and innovation capabilities to remain competitive in a volatile environment.