PRESSR: Emirates Stallions Group delivers strong start to 2025

About this update from International Holding Company Pjsc

Revenue up 10% YoY, reaching AED 332.68 millionOperational profit jumps 25%, reflecting enhanced efficiency and strategic executionGross profit rose by 10% to AED 99.09 million, driven by disciplined cost control and high-margin contributionsBook value per share rises to AED 10.18, reflecting steady value creation for stakeholdersAbu Dhabi, United Arab Emirates: Emirates Stallions Group ADX:ESG, the leading conglomerate operating across the Workforce Solutions, Construction, and Real Estate sectors, and a subsidiary of International Holding Company ADX:IHC, today announced strong financial results for Q1 2025, with the Group’s total revenue growing by 10% year-on-year. Revenue reached AED 332.68 million, building on the momentum from last year and reflecting the Group’s disciplined execution and focus on operational efficiency across its diversified offerings.The Group witnessed a 25% rise in operational profit to AED 59.76 million for Q1 2025 underscoring ESG's ongoing commitment to operational excellence, driven by strategic investments and cost optimization. Gross profit also increased by 10%, totaling AED 99.09 million, supported by enhanced business integration and cost discipline across the portfolio.Matar Suhail Al Yabhouni Al Dhaheri, Chairman of ESG, stated: “These results reflect the strength, resilience, and forward-looking vision of ESG. Our focus remains firmly on unlocking sustainable value through smart investments, disciplined execution, and a diversified portfolio that is built to perform across cycles. We will continue to lead with agility and ambition. Looking ahead, ESG remains committed to exploring new opportunities and markets, leveraging its strong financial position and diversified portfolio to drive sustainable growth and innovation.”Kayed Ali Khorma, CEO of ESG, added: “The 25% increase in operational profit that we have witnessed in the first quarter is a clear reflection of the strength of our business. Furthermore, the sustained growth in our financial performance serves as a strong indicator of the positive trajectory the Group is on, enabling us to move forward with confidence towards further growth and regional expansion.”As of 31 March 2025, total equity rose to AED 2.545 billion, marking a 2% increase from year-end 2024 — reinforcing the Group’s strong capital position and prudent financial management. While total assets...

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