

Salik Company PJSC, Dubai's exclusive toll gate operator, has partnered with the Community Development Authority (CDA) in Dubai to support programs for People of Determination. This initiative is part of Salik's corporate social responsibility efforts and aligns with the UAE Year of Community and the Dubai Social Agenda 33. The partnership aims to fund various projects that empower and integrate People of Determination into society. The CDA will use Salik's contributions to meet the needs of People of Determination and expand the program's reach. The partnership highlights the private sector's role in sustainable community development and social solidarity.
Moody's Ratings has reaffirmed Salik Company PJSC's investment-grade credit rating of "A3" with a stable outlook. This decision reflects Salik's low business risk profile, limited competition, and a long-term concession agreement with the RTA. The rating highlights Salik's strong financial performance, operational resilience, and effective capital market strategies. Salik benefits from consistent traffic growth due to favorable economic and demographic trends in Dubai. The company maintains a robust balance sheet, strong liquidity, and significant cash flow generation. As of September 2025, Salik's net debt/EBITDA ratio was 2.61x, well below its debt covenant, and it generated AED 1.47 billion in free cash flow for the nine-month period, marking a 39.5% increase year-over-year. CEO Ibrahim Sultan Al Haddad expressed satisfaction with the rating reaffirmation, emphasizing the company's strong financial position and strategic success. While there are no immediate plans for public debt issuance, the investment-grade rating ensures Salik's readiness to access capital markets if needed.
Fitch Ratings has upgraded Salik Company's credit rating from A- to A with a stable outlook. This upgrade is attributed to Salik's strong financial position, robust business model, and its significant connection with Dubai's economy, as well as improvements in the emirate's credit quality. Salik, the exclusive toll gate operator in Dubai, has demonstrated strong financial performance, operational resilience, and a commitment to enhancing transparency and optimizing capital market access. The upgrade also considers Salik's exclusive role in Dubai's toll system, low leverage, and long-term concession agreement with the RTA, which ensures stable cash flow. As of September 30, 2025, Salik maintained a net debt/EBITDA ratio of 2.61x, well below its debt covenant, and generated significant free cash flow. The upgrade reflects international confidence in Salik's business model and Dubai's transportation system.
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.