
du Reports Its Q1 2025 Results With 19.8% Net Profit Increase – UAE Today Blog
- Business
- May 6, 2025
Emirates Integrated Telecommunications Company PJSC (DU) reported its financial results for the first quarter of 2025, marked byrobust growth in income and profitability. Total income increases by 7.4% year after year, driven by solid yield in service and non -service segments. Ebitda increased by Animopressive15.0%backed by an improved income combination and efficient cost management, resulting in an exceptional ebitda margin or 47.4%. This operational force in a net benefit -imilum, underlined.
Q1 2025HIGHLIGHTS
- Continuation of commercial impulse in an income growth of 7.4% to AED 3.8bn
- Solid growth of the mobile and mobile subscriber base with mobiles that extend 9 million subscribers
- Strong profitability with the increase in life by 15.0% to 1,800 billion dollars, the margin of Ebitda in 3.1pp to 47.4% and net profits of 19.8% to AED 0.7 billion
- Key mile
- Du Pay celebrates a year of activity with half a million application downloads and half a billion dirhams in transactions
Financial summary
Millions of AED | Q1 2025 | Q1 2024 | Change |
Income | 3,848 | 3,581 | 7.4% |
Service income | 2,780 | 2,563 | 8.5% |
Other income | 1,067 | 1,018 | 4.8% |
Ebitda | 1.824 | 1,586 | 15.0% |
Ebitda margin (%) | 47.4% | 44.3% | 3.1pp |
Only gain | 722 | 603 | 19.8% |
Capsule | 377 | 359 | 5.0% |
Capital intensity (%) | 9.8% | 10.0% | 0.2pp |
Operating free cash flow | 1,447 | 1,228 | 17.9% |
Fahad Al Hassawi, CEO commented:
“We start the year with a very solid first quarter, providing growth in all key financial metrics and progressing significantly in our strategy to diversify currents such as the white reverse.
Customer base
- In q1our Mobile customer base GREWBY 5.5% year after year reaching 9.1 million subscribers with 475,000 net additions. Postpaidremains A strong growth engine with an increase or 9.6% year after year to 1.8 million customers mainly driven by Benterprise, where we introduced several innovative assumptions such as business roaming proposals. The prepaid base grew 4.5% to 7.3 million customers driven by new personalized plans.
- In ours Fixed customer base He saw strong growth or 13.8% of the year instead of 701,000 subscribers, with 19,000 net additions in the first quarter and 85000 in the last 12 months conducted by new offers, such as the improved home service plan and the wireless sacrifices of the office. We kept a strong impulse in the wireless home driven by the offers of Virgin Mobile and kept our operational and commercial approach towards the expansion and penetration of the network in areas with high growth potential.
P1 2025 Financial prominent
- Q1 Vredues grew by 7.4% year after yearReach the growth of 3.8 billion AED both in the service and in the service without service promoted by the strong macro environment in the EAU, our ability to gain market share, as well as our sustained approach to ARPU products and improve the mixture.
- Q1 mobile service incomeIncreased by 7.4% year after year to 1.7 billion dollars due to the growth of our customer base, a better combination and a greater capacity to capture the demand for higher ARPU products through the value management of more value and data driving and the DAT-ES-ES-ES-ES-ES-ER-ESLAIRS and income data driving.
- Q1 service incomeIt increased 10.2% year after year reaching 1,100 million AED mainly driven by the greater fiber penetration and continuous success of our wireless products in the home and business connectivity solutions.
- P1 “Other income”It grew 4.8% year after year to 1.1 billion dollars through the expansion of our ICT business, since we continually see new sources of income beyond our main business. Growth was also driven by the highest income of internal rhythm supported by the entry of the large and higher interconnection income that reflects our highest mobile base. This was partially compensated by the sale of Lowerhandet that mainly reflects a phase effect, with the benefit of Q1’24 telephone sales of a demand demand due to supply limitations in the previous quarter, resulting in a higher competition base.
- Q1bitda It grew by 15.0% to 1.8 billion AED, with an ebite margin of 47.4%. The strong income growth, the improved combination, the increase in the ARPU, the lowest telephone sales and the lowest authentication costs, as well as the positive impact of the non -recurrent income elements resulted in a greater gross margin. This was combined with a better performance of collections and our continuous approach to operational efficiency and strong control or indirect costs.
- Q1net profits Witness from A19.8% growth year after year to 722 million AED, which represents a net profit margin or 18.8% that reflects the strong result of the ebitic form and the result of positive interest.
- Q1Capex It was at AED 377 million (Q1 2024: AED 359 million), an intensity of Capex or 9.8% (Q1 2024 Capex Intensity or 10.0%). Our main investments remain focused on 5G densification, improving inner coverage and expansion of fiber implementation, and we will allocate even more capital to continue developing our ICT activities. We will also continue to improve our infrastructure and transform our IT systems to further improve the quality of our network and raise the customer experience.
- Q1iRating Free Cash Flow (Ebitda – Capex) increased by 17.9% to 1.4 billion AED, mainly driven by the growth of Ebita.