Salik Company Pjsc · DFM:SALIK
Salik Company Pjsc — H1 2026 Earnings Presentation
26 slides from Salik Company Pjsc's earnings presentation, August 2026
Slide 1: H1 2026 Earnings Presentation
H1 2026 EARNINGS PRESENTATION August 2026
Slide 2: Disclaimer
Disclaimer No statement in document is intended to be nor may be construed as a profit forecast. Any statements made in this document which could be classed as "forward-looking" are based upon various assumptions, including management’s examination of historical operating trends, data contained in t
Slide 3: Key Strategic Highlights
KEY STRATEGIC HIGHLIGHTS Why Salik
Slide 4: Key Highlights during the H1 2026
KEY KEY STRATEGIC OPERATIONAL KEY FINANCIAL OUTLOOK HIGHLIGHTS HIGHLIGHTS HIGHLIGHTS Key Highlights during the H1 2026 Resilient Financial Performance Recovery Momentum Maintained a resilient financial profile through Traffic and mobility trends showed disciplined execution, strong profitability mar
Slide 5: Financial and operational highlights in H1 2026 and Q2 2026
KEY KEY STRATEGIC OPERATIONAL KEY FINANCIAL OUTLOOK HIGHLIGHTS HIGHLIGHTS HIGHLIGHTS Financial and operational highlights in H1 2026 and Q2 2026 FINANCIAL OPERATIONAL HIGHLIGHTS HIGHLIGHTS H1 2026 Q2 2026 Total chargeable trips within the core tolling business reached 278.5 million in H1 2026, refle
Slide 6: Consistent strategic progress through 2026
KEY KEY STRATEGIC OPERATIONAL KEY FINANCIAL OUTLOOK HIGHLIGHTS HIGHLIGHTS HIGHLIGHTS Consistent strategic progress through 2026 DIEZ RTA Valtrans MoU to deploy access control and Concession Agreement updated Digital valet parking payments parking optimisation across 21,000+ to reflect the move from
Slide 7: Macroeconomic Indicators
KEY KEY STRATEGIC OPERATIONAL KEY FINANCIAL OUTLOOK HIGHLIGHTS HIGHLIGHTS HIGHLIGHTS Macroeconomic Indicators Drivers Supporting Growth Drivers Impacting Inflation Protection CAGR CAGR DUBAI POPULATION (M) +7.0% UAE REAL GDP GROWTH (%) +5.8% DUBAI INFLATION (%) 4.58 4.67 9.8 3.33 3.27 7.5 2.79 2.90
Slide 8: Government initiatives and supporting measures
KEY KEY STRATEGIC OPERATIONAL KEY FINANCIAL OUTLOOK HIGHLIGHTS HIGHLIGHTS HIGHLIGHTS Government initiatives and supporting measures INFRASTRUCTURE DEVELOPMENT INVESTMENT & BUSINESS ENVIRONMENT TOURISM & RESIDENT ATTRACTION Landmark projects Business support package Visa-on-arrival expansion Approved
Slide 9: Key Operational Highlights
KEY OPERATIONAL HIGHLIGHTS 9
Slide 10: Salik's core tolling business demonstrates continued resilience
KEY KEY STRATEGIC OPERATIONAL KEY FINANCIAL OUTLOOK HIGHLIGHTS HIGHLIGHTS HIGHLIGHTS Salik’s core tolling business demonstrates continued resilience Total Trips (mn) Total Chargeable Trips (mn) -17.2% -12.6% Peak YoY -8.9% YoY -5.4% QoQ QoQ Off Peak 160.4 145.7 132.8 213.4 16.4 Past 16.2 197.2 Midni
Slide 11: Evolution of quarterly trips by gate
KEY KEY STRATEGIC OPERATIONAL KEY FINANCIAL OUTLOOK HIGHLIGHTS HIGHLIGHTS HIGHLIGHTS Evolution of quarterly trips by gate Quarterly Total Trips (mn) Quarterly Total Trips by Gate (mn) -12.6% Q2 2023 Q2 2024 Q2 2025 Q2 2026 YoY 35.0 213.4 30.4 29.9 29.9 28.9 28.9 27.8 186.6 27.3 7.2 7.8 26.1 7.0 25.4
Slide 12: Variable pricing showed consistency on traffic distribution since implementation
KEY KEY STRATEGIC OPERATIONAL KEY FINANCIAL OUTLOOK HIGHLIGHTS HIGHLIGHTS HIGHLIGHTS Variable pricing showed consistency on traffic distribution since implementation Timing Traffic Distribution Variable Pricing in FY24 Based on Fixed Pricing (4 Dirhams) 52% 52% 54% 53% 54% 52% 53% 40% 37% 37% 37% 36
Slide 13: Providing seamless Parking Payment Solutions through key partnerships
KEY KEY STRATEGIC OPERATIONAL KEY FINANCIAL OUTLOOK HIGHLIGHTS HIGHLIGHTS HIGHLIGHTS Providing seamless Parking Payment Solutions through key partnerships Barrier-free parking payment solution operational Salik-integrated Parkonic network in the UAE Seamless E-Wallet Parking Payments at Dubai since
Slide 14: Partnerships & multiple recently signed MOUs
KEY KEY STRATEGIC OPERATIONAL KEY FINANCIAL OUTLOOK HIGHLIGHTS HIGHLIGHTS HIGHLIGHTS Partnerships & multiple recently signed MOUs Leveraging Salik’s comprehensive database by sending timely reminders for motor insurance renewal, redirecting customers to LIVA’s portal Partnership with LIVA (formerly
Slide 15: Key Financial Highlights
Why Salik KEY FINANCIAL HIGHLIGHTS
Slide 16: Resilient profitability maintained despite revenue and traffic headwinds
ATTRACTIVE STRATEGIC & SALIK AT A MACRO OUR STRATEGY OPERATIONAL FINANCIAL OUTLOOK STOCK OUR BUSINESS GLANCE HIGHLIGHTS PERFORMANCE MODEL CONDITIONS HIGHLIGHTS Resilient profitability maintained despite revenue and traffic headwinds Revenue Total Chargeable Trips (mn) -12.5% -7.5% Peak YoY YoY Off P
Slide 17: Streamlined business model
KEY KEY STRATEGIC OPERATIONAL KEY FINANCIAL OUTLOOK HIGHLIGHTS HIGHLIGHTS HIGHLIGHTS Streamlined business model Depreciation, Amortization Total Revenue - Operating Costs = EBITDA - & Net Finance Costs = PBT - Income Tax = Net Profit % 85.2% 10.2% 4.6% 69.1% 54.8% 49.9% of total revenue 65.1 144.4 (
Slide 18: Defensive revenue supported by diversified streams
KEY KEY STRATEGIC OPERATIONAL KEY FINANCIAL OUTLOOK HIGHLIGHTS HIGHLIGHTS HIGHLIGHTS Defensive revenue supported by diversified streams -7.5% YoY 2.3% YoY 279.8 272.9 1,527.3 261.7 255.8 36.0 253.9 251.8 -11.9% 246.8 1,412.0 245.9 YoY 241.2 134.3 65.1 219.6 216.7 144.4 -6.3% 193.2 QoQ AED Million AE
Slide 19: H1 2026 EBITDA of AED 975.6 million at a stable 69.1% margin
KEY KEY STRATEGIC OPERATIONAL KEY FINANCIAL OUTLOOK HIGHLIGHTS HIGHLIGHTS HIGHLIGHTS H1 2026 EBITDA of AED 975.6 million at a stable 69.1% margin EBITDA Evolution (AED million) EBITDA (AED million) Margins since 2023 reflect 76.1% 65.9% 68.9% 69.2% Salik’s new cost profile as a 69.7% Margin 69.1% co
Slide 20: Profitability sustained with H1 2026 net profit margin of 49.9%
KEY KEY STRATEGIC OPERATIONAL KEY FINANCIAL OUTLOOK HIGHLIGHTS HIGHLIGHTS HIGHLIGHTS Profitability sustained with H1 2026 net profit margin of 49.9% Net Profit Evolution (AED million) Net Profit (AED million) Margins since 2023 55.5% Margin Net Profit margin before tax 54.8% reflect Salik’s new cost
Slide 21: H1 2026 free cash flow of AED 551.0 million
KEY KEY STRATEGIC OPERATIONAL KEY FINANCIAL OUTLOOK HIGHLIGHTS HIGHLIGHTS HIGHLIGHTS H1 2026 free cash flow of AED 551.0 million, with the YoY movement driven by working capital timing Free cash flow evolution (AED million) Free cash flow bridge H1 2026 (AED million) 79.9% 68.7% 63.6% 67.1% 69.1% Ma
Slide 22: Healthy balance sheet with conservative leverage of 2.45x EBITDA
KEY KEY STRATEGIC OPERATIONAL KEY FINANCIAL OUTLOOK HIGHLIGHTS HIGHLIGHTS HIGHLIGHTS Healthy balance sheet with conservative leverage of 2.45x EBITDA Total Borrowings2 (AED, mn) Net Debt < 5x Covenant Strong credit ratings 1,631.9 5,628.7 3,996.8 A3 AED 5.0 bn Reaffirmation of Long-Term Issuer ST Bo
Slide 23: Outlook
OUTLOOK ef eu Salik
Slide 24: FY 2026 Guidance
KEY KEY STRATEGIC OPERATIONAL KEY FINANCIAL OUTLOOK HIGHLIGHTS HIGHLIGHTS HIGHLIGHTS FY 2026 Guidance FY 2026 guidance reflects the impact on traffic trends driven by recent geopolitical events FY 2026 FY 2026 Revised 2026 Guidance Assumptions1 Previous Guidance Revised Guidance1 Revenue Growth The
Slide 25: Concluding remarks – H1 2026: Profitability and momentum through a softer period
KEY KEY STRATEGIC OPERATIONAL KEY FINANCIAL OUTLOOK HIGHLIGHTS HIGHLIGHTS HIGHLIGHTS Concluding remarks – H1 2026: Profitability and momentum through a softer period Resilient through a High Profitability Ancillary streams Core tolling resilient FY2026 guidance softer period - margins maintained sca
Slide 26: Thank You
THANK YOU For enquiries, please contact Investor Relations: Wassim El Hayek Head of Investor Relations E: wassim.elhayek@salik.ae