du Posts 25% Profit Surge in Q2 2025, Boosts Dividend Amid Strong Subscriber and Cloud Growth
Based on the strong first-half performance, du has upgraded its full-year guidance, projecting revenue growth of 6-8% and an EBITDA margin of 45-47%.
Emirates Integrated Telecommunications Company PJSC (du) has announced a significant 25.1% year-over-year increase in net profit for the second quarter of 2025, underpinned by strong revenue growth, improved margins, and continued subscriber expansion. The company’s board has also approved an interim cash dividend of AED 0.24 per share, up 20% compared to the previous year.
du’s revenues climbed 8.6% year-over-year to AED 3.9 billion, driven by robust performances across all business segments. EBITDA rose 16.4% to AED 1.8 billion, with margins improving 3.1 percentage points to 46.8%. The company’s customer base grew markedly, with Mobile subscribers up 10.8% to 9.1 million and Fixed subscribers up 12% to 706,000.
“Our strong performance in the first half of 2025 reflects the effective delivery of our focused strategy, underpinned by a favourable economic environment and sustained commitment to business excellence. The Board is confident in management’s customer-centric and agile approach, which reinforces du’s leadership in driving innovation and adaptability. We take pride in our strategic initiatives that contribute to advance the UAE digital agenda, expanding our ICT capabilities and accelerating the digital transformation. Through partnerships with global technology leaders, we are enabling sovereign hyperscale cloud and AI services from UAE-based data centres—empowering a smarter, more connected future for the Emirates. We continue to ensure disciplined capital allocation and sustained long-term value creation for our shareholders. Reflecting our robust first-half results and continued confidence in du’s future prospects, the Board has approved an interim dividend per share of 24 fils, underlining our enduring commitment to shareholder returns.”
-Malek Al Malek, Chairman, du.
“Our second quarter financial results showcased impressive performance, fuelled by the meticulous execution of our strategy and consistent growth across every aspect of our operations. We achieved double digit growth in both our Mobile and Fixed subscriber base, underscoring our market leadership and brand strength. We advanced our network coverage and enhanced our connectivity offering with the commercial rollout of 5G Advanced. Our fibre infrastructure also expanded significantly, supporting long-term demand for high-speed connectivity. We launched the UAE’s first sovereign hyperscale cloud platform, the National Hypercloud, and made advances in deploying our hyperscale data centre in collaboration with Microsoft, positioning us at the forefront of secure, AI-ready digital infrastructure. These operational achievements translated into strong financial performance underpinned by our disciplined approach to value creation and cost efficiency. The solid revenue growth of 8.6% year-over-year was coupled with strong profitability as EBITDA margins expanded by 3.1 percentage points to 46.8%, translating into a 25.1% increase in net profit. Our upgraded full-year guidance reflects the strong performance achieved in the first half of the year, our confidence in the resilience of our business model and our ability to deliver sustainable, profitable growth.”
–Fahad Al Hassawi, CEO, du.
Key drivers of growth included expansion in both prepaid and postpaid mobile segments, increased uptake of fibre and home wireless services, and rising revenues from ICT and roaming. The company also advanced its strategic projects, including the rollout of the National Hypercloud and development of a hyperscale data centre in partnership with Microsoft.
Based on the strong first-half performance, du has upgraded its full-year guidance, projecting revenue growth of 6-8% and an EBITDA margin of 45-47%.
