Emirates Global Aluminium reported strong underlying financial performance and record sales for 2025, underscoring sustained demand for aluminium and the company’s continued operational expansion despite cost pressures across global markets.
The UAE-based industrial giant posted underlying net profit of AED4.93 billion, a 16 percent increase from AED4.26 billion in 2024, excluding results from Guinea Alumina Corporation. Including GAC, net profit stood at AED2.12 billion, reflecting higher impairment and provision charges during the year. Underlying revenues rose 14 percent to AED31.98 billion, supported by stronger realised aluminium prices and efficiency gains under the company’s Najah improvement programme.
Underlying EBITDA reached AED9.28 billion, up from AED8.69 billion in 2024, while operating cash flow remained robust at AED8.27 billion. Shareholders received AED3.7 billion in dividends, representing a payout ratio of about 75 percent. Although EBITDA margins eased slightly to 29 percent due to higher alumina and bauxite costs, EGA continued to outperform listed industry peers.
Operationally, EGA achieved record cast metal production of 2.84 million tonnes and record sales of 2.83 million tonnes to more than 400 customers across over 50 countries. Premium value-added aluminium products accounted for 81 percent of total sales.
The company also advanced major growth initiatives, including plans to develop the first new primary aluminium production plant in the United States since 1980 through a joint venture in Oklahoma. At Al Taweelah, EGA began production using next-generation EX smelting technology designed to increase output while reducing energy use and emissions.
Sustainability remained central to strategy, with a landmark decarbonisation agreement alongside TAQA, DUBAL Holding and EWEC expected to cut greenhouse gas emissions by 3.5 million tonnes annually by 2035.
Looking ahead, EGA will launch Najah 2.0 in 2026, targeting AED1.62 billion in annual performance improvements by 2030 as global demand for aluminium continues to rise across electrification, infrastructure and aerospace sectors.
News Source: Emirates News Agency
