Salik Company PJSC

Logotype for Salik Company PJSC
Ticker/ISIN
SALIK
AEE01110S227
Market/Country
Dubai Financial Market
United Arab Emirates

About Salik Company PJSC

Salik Company PJSC have been established in its current form, as a public joint stock company on 5th of July 2022 pursuant to Executive Counsel Decision number (41) for year 2022.

Salik, meaning “open” or “clear” in Arabic, is Dubai’s exclusive toll gate operator and currently operates eight automatic toll gates utilising Radio Frequency Identification (RFID) technology throughout Dubai. Salik’s toll gates are located at strategic junctures throughout Dubai, especially on Sheikh Zayed Road which is considered Dubai’s main road. All but two of the Company’s existing toll gates are located on Sheikh Zayed Road in the Emirate. Under a 49-year concession agreement (ending in 2071) with the RTA, Salik holds the exclusive right to operate current and future toll gates across the Emirate of Dubai. Salik can also engage in new business activities within and outside Dubai as per Salik’s decree of establishment.

Company's Activities are detailed in AOA and Listing Prospectus.

Latest Pressrelease Summaries from Salik Company PJSC

Salik Company PJSC, the exclusive toll gate operator in Dubai, reported a 38.6% year-on-year increase in revenue for the first nine months of 2025, reaching AED 2.28 billion. EBITDA rose by 42.0% to AED 1.58 billion, reflecting a 69.6% margin, while net profit increased by 39.1% to AED 1.14 billion, with a 50.3% margin. The company attributed its strong performance to the introduction of two new toll gates in November 2024, the implementation of variable pricing in January 2025, and a favorable macroeconomic environment. Total chargeable trips during this period reached 470.5 million. The company maintained its revenue growth guidance of 34-36% for the full year 2025, with expected EBITDA margins of 68.5-69.5%.
The document is the condensed interim financial statements of Salik Company P.J.S.C. for the three-month and nine-month periods ending on September 30, 2025. These statements are unaudited.
The Board of Directors of Salik Company PJSC is scheduled to meet on Thursday, 13 November 2025, at 8:00 AM. The agenda includes the approval and disclosure of the interim financial statements for the three-month and nine-month periods ended 30 September 2025, as well as a review of regular business matters.
The Investor Relations Department at Salik Company PJSC will hold an analyst conference on Thursday, November 13, 2025, at 3:00 PM. The conference will discuss the interim reviewed financial statements for the three-month and nine-month periods ending September 30, 2025. The presentation will be available on the company's website on the day of the meeting. The message is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is signed by Ibrahim Sultan Al Haddad, CEO of Salik.
Salik Company PJSC, Dubai's toll gate operator, has received multiple prestigious awards for its investor relations efforts. These accolades were presented at the Middle East Investor Relations Association (MEIRA) conference and the Extel ceremony, highlighting Salik's leadership in corporate performance, transparency, and investor engagement. Salik was named "Leading Corporate for Investor Relations – Dubai" and recognized in several categories, including "Top 5 Best Investor Relations by CEO – Middle East" and "Best Investor Relations Professional – Dubai." Additionally, Salik's 2024 Digital Annual Report was ranked among the "Top 10 Digital Annual Reports - Middle East." In the 2025 Extel Survey, Salik was awarded "Most Honored Company in Emerging EMEA - Large Corporates." CEO Ibrahim Al Haddad emphasized the company's commitment to transparency, effective communication, and innovative digital strategies in building trust with the investor community.
Salik Company PJSC, Dubai's exclusive toll gate operator, reported a 39.5% year-on-year increase in revenue for the first half of 2025, reaching AED 1.53 billion. The company's EBITDA rose by 44.2% to AED 1.07 billion, with a margin of 69.7%. Net profit increased by 41.5% to AED 770.9 million. Total chargeable trips for H1 2025 were 318.4 million. The Board of Directors proposed a cash dividend of AED 770.9 million, equivalent to 10.278 fils per share, representing 100% of H1 2025 profit. Salik upgraded its full-year 2025 guidance, expecting revenue growth of 34-36% and EBITDA margins of 68.5-69.5%, driven by strong revenue growth and cost efficiencies. The introduction of variable pricing and two new gates contributed to the positive results. Active registered accounts increased by 8.5% year-on-year to 2.7 million.
The document is the condensed interim financial statements of Salik Company P.J.S.C. for the three-month and six-month periods ending on June 30, 2025. These statements are unaudited.
Salik has been recognized as the Fastest Growing Transportation Infrastructure Provider in the UAE for 2025 by Global Brands Magazine. This award highlights Salik's achievements in revenue growth, project expansion, and innovation in the transportation sector. The Global Brand Awards honor exceptional performance and innovation across various industries. Salik's recognition reflects its leadership and commitment to advancing transport infrastructure through innovative solutions and strategic growth. Jay Reddy, CEO of Global Brands Magazine, praised Salik for its innovative tolling solutions and commitment to sustainable mobility. Ibrahim Al Haddad, CEO of Salik, expressed pride in receiving the award, emphasizing the company's rapid growth and innovative efforts in enhancing mobility in the UAE. Salik continues to focus on delivering intelligent, customer-centric mobility solutions, contributing to the transformation of transportation infrastructure in the region. Established in June 2022, Salik is Dubai's exclusive toll gate operator, utilizing advanced technologies and holding a long-term concession agreement with the Roads and Transport Authority. Global Brands Magazine, based in the UK, is a leading publication providing insights and news on influential brands.

Threads

Page 1
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Salik Company PJSC

Disclosure: Press release regarding financial results for the 3rd QTR of 2025

Salik Company PJSC, the exclusive toll gate operator in Dubai, reported a 38.6% year-on-year increase in revenue for the first nine months of 2025, reaching AED 2.28 billion. EBITDA rose by 42.0% to AED 1.58 billion, reflecting a 69.6% margin, while net profit increased by 39.1% to AED 1.14 billion, with a 50.3% margin. The company attributed its strong performance to the introduction of two new toll gates in November 2024, the implementation of variable pricing in January 2025, and a favorable macroeconomic environment. Total chargeable trips during this period reached 470.5 million. The company maintained its revenue growth guidance of 34-36% for the full year 2025, with expected EBITDA margins of 68.5-69.5%.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Salik Company PJSC

Disclosure: Financial statements for the 3rd QTR of 2025

The document is the condensed interim financial statements of Salik Company P.J.S.C. for the three-month and nine-month periods ending on September 30, 2025. These statements are unaudited.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Salik Company PJSC

Disclosure: Results of BOD Meeting

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Salik Company PJSC

Disclosure: BOD meeting

The Board of Directors of Salik Company PJSC is scheduled to meet on Thursday, 13 November 2025, at 8:00 AM. The agenda includes the approval and disclosure of the interim financial statements for the three-month and nine-month periods ended 30 September 2025, as well as a review of regular business matters.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Salik Company PJSC

Disclosure: Earnings Call

The Investor Relations Department at Salik Company PJSC will hold an analyst conference on Thursday, November 13, 2025, at 3:00 PM. The conference will discuss the interim reviewed financial statements for the three-month and nine-month periods ending September 30, 2025. The presentation will be available on the company's website on the day of the meeting. The message is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is signed by Ibrahim Sultan Al Haddad, CEO of Salik.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Salik Company PJSC

Disclosure: Press release

Salik Company PJSC, Dubai's toll gate operator, has received multiple prestigious awards for its investor relations efforts. These accolades were presented at the Middle East Investor Relations Association (MEIRA) conference and the Extel ceremony, highlighting Salik's leadership in corporate performance, transparency, and investor engagement. Salik was named "Leading Corporate for Investor Relations – Dubai" and recognized in several categories, including "Top 5 Best Investor Relations by CEO – Middle East" and "Best Investor Relations Professional – Dubai." Additionally, Salik's 2024 Digital Annual Report was ranked among the "Top 10 Digital Annual Reports - Middle East." In the 2025 Extel Survey, Salik was awarded "Most Honored Company in Emerging EMEA - Large Corporates." CEO Ibrahim Al Haddad emphasized the company's commitment to transparency, effective communication, and innovative digital strategies in building trust with the investor community.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Salik Company PJSC

Disclosure: Press release regarding financial results for the 2nd QTR of 2025

Salik Company PJSC, Dubai's exclusive toll gate operator, reported a 39.5% year-on-year increase in revenue for the first half of 2025, reaching AED 1.53 billion. The company's EBITDA rose by 44.2% to AED 1.07 billion, with a margin of 69.7%. Net profit increased by 41.5% to AED 770.9 million. Total chargeable trips for H1 2025 were 318.4 million. The Board of Directors proposed a cash dividend of AED 770.9 million, equivalent to 10.278 fils per share, representing 100% of H1 2025 profit. Salik upgraded its full-year 2025 guidance, expecting revenue growth of 34-36% and EBITDA margins of 68.5-69.5%, driven by strong revenue growth and cost efficiencies. The introduction of variable pricing and two new gates contributed to the positive results. Active registered accounts increased by 8.5% year-on-year to 2.7 million.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Salik Company PJSC

Disclosure: Financial statements for the 2nd QTR of 2025

The document is the condensed interim financial statements of Salik Company P.J.S.C. for the three-month and six-month periods ending on June 30, 2025. These statements are unaudited.

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Salik Company PJSC

Disclosure: Results of Board Decisions by Passing

1. Attached Document

Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Salik Company PJSC

Disclosure: Press release

Salik has been recognized as the Fastest Growing Transportation Infrastructure Provider in the UAE for 2025 by Global Brands Magazine. This award highlights Salik's achievements in revenue growth, project expansion, and innovation in the transportation sector. The Global Brand Awards honor exceptional performance and innovation across various industries. Salik's recognition reflects its leadership and commitment to advancing transport infrastructure through innovative solutions and strategic growth. Jay Reddy, CEO of Global Brands Magazine, praised Salik for its innovative tolling solutions and commitment to sustainable mobility. Ibrahim Al Haddad, CEO of Salik, expressed pride in receiving the award, emphasizing the company's rapid growth and innovative efforts in enhancing mobility in the UAE. Salik continues to focus on delivering intelligent, customer-centric mobility solutions, contributing to the transformation of transportation infrastructure in the region. Established in June 2022, Salik is Dubai's exclusive toll gate operator, utilizing advanced technologies and holding a long-term concession agreement with the Roads and Transport Authority. Global Brands Magazine, based in the UK, is a leading publication providing insights and news on influential brands.

1. Attached Document

Page 1