e& reports a consolidated revenue increase of 11.6% to AED 38.1 billion for the first half of 2026
e&, based in Abu Dhabi, UAE, reported strong financial results for the first half of 2026, with consolidated revenues reaching AED 38.1 billion — a growth of 11.6% compared to the same period last year. The group's net profit stood at AED 6 billion, up by 2.4%, excluding gains from asset sales and regulatory impacts in previous periods. Operating cash flow (EBE) increased by 13.1% to AED 17.7 billion with a margin of 46.5%. The company also announced an interim dividend per share increase of 10.5%. Strategic portfolio restructuring included the sale of its entire stake in Vodafone for AED 21.9 billion (USD 5.95 billion) and part of its Careem Technologies holding to Uber, generating additional revenue. The company's subscriber base grew by 30.4%, reaching over 251 million globally, with UAE subscriptions rising by 6.4% to 16.5 million. The results reflect e&'s focus on core operations and digital transformation driven by AI innovation.
Topics: dividend ebitda net income revenue strategic restructuring