Agthia Group Reports AED 3.27 Billion Net Revenue During The First Nine Months 2023

Strong and Profitable Growth Continues During Third Quarter

• Year-to-date (YTD) reported Group net revenue +10.9% YoY to AED 3.27 billion
• YTD Group Like-for-like (LFL) revenue +3.5% YoY including Abu Auf in the prior comparable period
• YTD Group EBITDA +18.0% YoY to AED 465 million with strong growth in profitability from Snacking, Agri and Water
• YTD Group net profit[1] +12.7% YoY to AED 206 million post AED 39 million of additional interest costs versus the prior year
• Excluding the currency headwind in Egypt, net revenue +20.7%, LFL revenue +12.6%, EBITDA +30.3% and net profit +27.3%