ADNOC DISTRIBUTION RANKED NO1 RETAIL BRAND IN FORBES MIDDLE EAST TOP 100 2020
Abu Dhabi, UAE. 22 June 2020: ADNOC Distribution, the UAE’s largest fuel and convenience store retailer, has been named the No1. retail brand in the region in the Forbes Middle East Top 100 Companies 2020.
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ADNOC Distribution Announces Q1 Results & New Customer Initiatives to Combat Impact of COVID-19
Underlying EBITDA grows by 4.7% to AED 629 million with Net Profit of AED 400 million in Q1 2020
Seven new stations added in Q1 in-line with smart growth strategy
Introduces enhanced contactless payment solutions, daily cleaning of sites, new car sanitization, fuel and grocery delivery services
Remains resilient with a progressive dividend policy and capital discipline, backed by strong balance sheet
