Agthia Group Hikes Interim Dividend by 14.4% Following Strong H1 2026 Results
Key Facts
In a move reflecting the resilience of the regional food and beverage sector, Agthia Group PJSC announced robust financial results for the first half of 2026. The company reported a significantly improved financial position and enhanced profitability during the first six months of the year. Consequently, the board has approved a 14.4% increase in interim dividends, signaling strong confidence in the group's cash flow generation and growth trajectory.
The performance was bolstered by double-digit growth across key segments, with the Protein and Frozen Food division expanding by 22% and the "Abu Auf" brand recording a 23.7% revenue jump in Q2. According to company data, total group revenue rose 7.4% to AED 2.6 billion, supported by strong demand in the Agri-Business sector and market share gains for the Al Ain water brand. Furthermore, the group successfully reduced its net debt to EBITDA ratio from 2.9 in December 2025 to 1.8.
Moving forward, investors are closely watching the ongoing restructuring of the Al Foah and BMB units aimed at long-term value creation.