# Agthia Reports Revenue Growth Amid Challenging Cost Environment

- Link: https://www.thailand-business-news.com/pr-news/agthia-reports-revenue-growth-amid-challenging-cost-environment
- Published: 2026-11-04T23:27:00+07:00
- Author: PR Newswire

ABU DHABI, UAE, Nov. 5, 2026 /PRNewswire/ — Agthia Group PJSC (AGTHIA:UH), one of
the region’s leading food and beverage companies, today reported its results for
the third quarter and first nine months of 2026.

 [⌊Agthia Group’s Key Financial Highlights for the First Nine Months of 2026⌉](https://mmx.prnasia.com/media/MS2027320/Agthia-Group-s-Key-Financial-Highlights-for-the-First-Nine-Months-of-2026-1.jpg?id=OA3058286&p=medium600)

Agthia Group’s Key Financial Highlights for the First Nine Months of 2026

**Group Financial Performance**

Agthia’s growth accelerated in the third quarter, with reported earnings rising 
well ahead of the top line, supported by a sound balance sheet, even as operating
conditions are becoming more demanding.

In Q3 2026, Group revenue increased 14.4% year on year to AED 1.3 billion, including
AED 104.7 million of one-off sales. On an underlying basis, growth was 5.2%. Strengthened
execution drove an improvement in profitability. EBITDA rose 39.0% to AED 123.1 
million, and net profit reached AED 33.2 million, up from AED 4.1 million in the
prior-year quarter that included impairment charges in Snacking.

Over the first nine months, revenue increased by 9.6% to AED 3.9 billion and EBITDA
climbed 36.7% to AED 433.6 million. Net profit almost tripled to AED 154.6 million.

Agthia’s financial position remains robust. Free cash flow for the nine months period
totaled AED 212.1 million, reversing an outflow in the same period last year. Net
debt-to-EBITDA improved to 2.4x from 2.9x at December 2025, and cash stood at AED
536.2 million.

**Segment Performance**

**Water & Food** grew revenue 36.7%, including one-off food security sales in Q3
2026. The core business also performed well, with UAE Water revenue up 8.0% excluding
these one-off sales, led by a 12.9% increase in Home and Office Services, while 
Turkey and Kuwait supported international growth. Higher PET, freight and distribution
costs weighed on segment margins.

**Agri-Business** delivered 10.5% revenue growth, driven by an 18.3% rise in feed
sales. Segment EBITDA declined 39.3% to AED 31.4 million, while EBITDA margin contracted
by 807 basis points, primarily reflecting input cost pressures, further compounded
by higher distribution costs.

**Snacking** continued to lift profitability as its reset progressed, with gross
margin up 613 basis points and gains across every business in the third quarter.
Abu Auf grew revenue 21.7%, added a net 69 stores this year and gained 1.0 percentage
point of value share in ground coffee. Segment EBITDA reached AED 23.8 million, 
compared with a loss a year earlier that included impairment charges. The Al Foah
reset remains on track and BMB’s transformation continues to advance, although regional
logistics disruptions impacted export sales during the quarter.

**Protein & Frozen** grew revenue 25.1% in Q3 2026, with growth across every business,
led by Nabil at 25.3%. Agthia’s expanded Saudi facility nearly quadrupled KSA protein
sales.

**Khalifa Sultan Al Suwaidi, Chairman of Agthia’s Board, said:** "The past months
have put supply chains across the region under strain and underlined the value of
resilient food companies. Agthia has risen to that challenge, standing by the markets
it serves. The Board is encouraged by the progress management has made in transforming
the business and remains focused on ensuring Agthia creates long-term value for 
its shareholders and communities."

**Salmeen Alameri, Managing Director and CEO of Agthia Group, added: **"Our transformation
continues to move forward. Over the past year, we have strengthened our portfolio
and built greater operating discipline, and this is beginning to be reflected in
our results. We are taking decisive action to protect the business as input and 
logistics pressures intensify, while recognizing the impact of these headwinds on
our performance. We are also building innovation, data and digital capabilities 
that will define how we compete. With the right foundations in place, Agthia is 
well equipped to navigate the volatile environment."

---

  |  This article was produced by Cision PR Newswire, our trusted news partner. The views expressed and the content presented here are solely those of the author and may not fully reflect the opinions of Thailand Business News. |

---

 
**Read the original article :** [Agthia Reports Revenue Growth Amid Challenging Cost Environment ](https://www.prnasia.com/story/archive/5089027_AE89027_0?rand=184833)