EMSTEEL reported solid preliminary (unaudited) results for 2025, supported by favourable UAE market conditions and higher sales volumes across its core businesses.
Group revenue rose 7pct YoY to AED 8.9 bln (USD 2.42 bln), driven by a 16pct increase in finished steel sales to 3.3 mln tons. Cement and clinker sales volumes also grew 8pct to 3.5 mln tons.
Net profit surged 23pct YoY to AED 481 mln (USD 131 mln), while EBITDA climbed 34pct to AED 1.2 bln (USD 327 mln), lifting the EBITDA margin to 13.4pct from 10.7pct in 2024.
The Emirates Steel division generated AED 8 bln (USD 2.17 bln) in revenue, up 6pct YoY, and delivered EBITDA of AED 1 bln (USD 272 mln), representing a 51pct increase. Emirates Cement recorded revenue of AED 944 mln (USD 257 mln), up 24pct YoY, with EBITDA of AED 172 mln (USD 46.8 mln). Within this division, the Pipes & Other segment contributed AED 187 mln (USD 50.9 mln) in revenue and AED 42 mln (USD 11.4 mln) in EBITDA during the year.
EMSTEEL said it has completed the disposal of its non-core pipes & other business, as part of its strategy to streamline operations and focus on core activities.
In Q4 2025, group revenue stood at AED 2.5 bln (USD 680.5 mln), in line with the prior year, while EBITDA rose 51pct to AED 372 mln (USD 101.2 mln), supported by higher volumes and improved margins.
Group CEO Saeed Ghumran Al Remeithi said 2025 marked a strong year of operational execution, margin expansion and progress toward EMSTEEL’s strategy to become a global leader in low-carbon steel and sustainable building materials.
Headquartered in Abu Dhabi, EMSTEEL has an annual production capacity of 3.5 mln tons of steel and 4.6 mln tons of cement. The group exports to more than 70 markets, which account for around 30pct of total sales, and offers a broad portfolio of steel products including wire rod, rebar, heavy sections and sheet piles.
1 USD / 3.67 AED
