Adnoc Delivery Raises 2026 Guidance

Adnoc Logistics and Services has raised its financial outlook for 2026, supported by strong performance in the second quarter and ongoing activity in the shipping sector. The company now anticipates a growth in EBITDA (earnings before interest, taxes, depreciation, and amortization) of up to 20%, along with a 60% increase in net profit. The company explained that this improvement stems from increased operational activity and better maritime contracting, while maintaining its previous forecasts regarding capital expenditures and financial policies. These updates indicate the company's continued benefit from high demand for transportation and logistics services related to the energy sector.

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