Ades Holding CompanyTADAWUL: 2382

ADES: Record backlog, robust EBITDA growth, and strong offshore performance drive positive outlook

· Issued by Ades Holding Company

Record backlog of SAR 29.7 billion and 11.2% EBITDA growth highlight strong operational execution, despite a 3.6% dip in net profit. Offshore segment led growth, and full-year guidance is reaffirmed with a recommended interim dividend of SAR 231.2 million.

Original document:

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.