PRESSR: Agility Global PLC reports Q1 2025 EBIT of $92mln

About this update from Agility Global Plc

Q1 2025(Million USD)Q1 2024(Million USD)Variance(%)Revenue1,142.5979.4+17%EBITDA172.9164.5+5%EBIT91.995.4-4%Net Profit for equity holders21.230.5-30%EPS (cent)0.210.3-30%Numbers are rounded.ABU DHABI – Agility Global PLC, a multi-business owner and operator and long-term investor, today reported Q1 2025 earnings of $21 million, or 0.21 cents per share. EBIT stood at $92 million, EBITDA at $173 million and revenue $1,143 million.As of March 31, 2025, Agility’s investment segment has a carrying value of roughly $5.1 billion, bringing the balance sheet to $11.8 billion in assets and $5.3 billion in total equity attributable to the shareholders of the parent company.Agility Global Chairman, Tarek Sultan said “The Group delivered good operational performance in Q1 2025, supported by organic growth across our core businesses. However, net profit was impacted by higher depreciation expenses from new operating leases required for business growth, and higher interest expense since the company was capitalized in May 2024 as part of the listing process as well as higher utilization of debt relative to Q1 2024. Furthermore, the company has taken tax provisions related to the implementation of Pillar Two (global minimum effective corporate tax rate). Despite this, the Group’s underlying operational momentum remains positive, and we continue to advance our strategic priorities. Our investment segment is managed with steadfast discipline, and we are focused on the long-term fundamentals of the assets.”“We remain cautious of external uncertainties, which may introduce volatility in certain markets. However, the diversification of our businesses, combined with a disciplined and agile strategic approach, positions us well to capture emerging opportunities and deliver sustained value for our shareholders.”Controlled SegmentFor Q1 2025, the consolidated EBIT of the controlled businesses was $79 million; EBITDA was $160 million; and revenue was $1,143 million.Aviation Services: MenziesMenzies Aviation revenue reached $649 million in Q1 2025, representing 13% growth over the same period in 2024. This growth was mainly driven by an increase in volumes as a result of new operations in Portugal and Spain, expansion into Serbia, along with winter activity plus yield improvements. Over the same period, reported EBITDA grew by 4% with almost all material divisions and service lines ...

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