e& Reports Impressive Financial Results for H1 2025
e& has shared its consolidated financial performance for the first half of 2025, showcasing a significant growth trajectory across its operations. This impressive success reaffirms the company's status as a leader in technology and digital transformation, catering to regional and international markets.
Strong Revenue and Profit Growth
For the first half of 2025, e& recorded consolidated revenue of AED 34.9 billion, marking a year-over-year increase of 23.3%. The group’s net profit during this period soared to AED 8.8 billion, a remarkable 60.7% rise compared to the previous year. This growth is indicative of the company's effective strategies and robust business model, aimed at enhancing customer experiences and meeting the demands of a competitive market.
Quarterly Performance Highlights
In Q2 alone, e& achieved consolidated revenue of AED 18.0 billion, reflecting a 28.1% growth year-on-year. The net profit for Q2 was AED 3.5 billion, supported by a solid increase of 9.7% compared to the same quarter last year. These substantial gains in revenue and profit are compelling indicators of the company's agile operational capabilities.
EBITDA and Subscriber Growth
e& also reported an EBITDA of AED 15.4 billion in H1 2025, representing an 18.8% increase, with a commendable EBITDA margin of 44.1%. The company's global subscriber base saw a healthy increase, reaching 198 million, which is a 13.1% increase from H1 2024. This expansion in subscribers underlines e&'s commitment to leveraging technology in enhancing connectivity and service delivery.
Local Market Dynamics
In the UAE market specifically, e& has seen significant subscriber growth, reaching 15.5 million. Enhanced demand for advanced connectivity solutions and tailored digital services has been a driving force behind this increase. The company is dedicated to providing innovative solutions that cater to both individuals and large enterprises.
Strategic Investments and Technological Innovations
Chairman, H.E. Jassem Mohamed Bu Ataba Alzaabi, emphasized that e& is continuing to bolster its leadership position through strategic investments. In H1 2025, the company launched impactful initiatives, including the UAE Sovereign Cloud Launchpad in collaboration with Amazon Web Services, aimed at reinforcing digital sovereignty and secure AI advancement in the region.
Operational Excellence and Recognition
Group CEO Hatem Dowidar acknowledged that e& has maintained operational excellence while adapting to market dynamics. The company has been recognized on the global stage as the fastest-growing brand, reflecting its commitment to innovation and customer-centric strategies. Furthermore, e& has made strides in expanding its international presence, having acquired Serbia Broadband and enhancing collaborations to spearhead the evolution of 5G and edge AI.
Looking to the Future
As e& progresses, the focus remains on harnessing future technologies to create lasting impacts. The company is committed to achieving responsible and sustainable growth by meeting the technological needs of the communities it serves, guided by visionary leadership.
Frequently Asked Questions
What recent financial performance did e& report?
e& reported a consolidated net profit of AED 8.8 billion for H1 2025, achieving a remarkable growth of 60.7% compared to the previous year.
How did e&'s revenue compare year-on-year?
The company had a consolidated revenue of AED 34.9 billion in H1 2025, which is a 23.3% increase from H1 2024.
What initiatives has e& introduced recently?
e& launched the UAE Sovereign Cloud Launchpad in collaboration with AWS to advance digital sovereignty and secure AI solutions.
How is e& expanding its subscriber base?
e& is focused on providing advanced connectivity solutions, resulting in a subscriber growth to 198 million globally, a 13.1% increase year-over-year.
What recognition has e& received in the industry?
e& was named the fastest-growing brand by Brand Finance, reflecting its commitment to innovation and excellent customer service.
