Salik's H1 2025 Revenue Surges by 39.5%
Salik Company PJSC reports impressive financial results for H1 2025, showcasing substantial growth in revenue and net profit.
Summary
Salik Company PJSC has reported a 39.5% increase in revenue for H1 2025, driven by strategic initiatives and a favorable economic environment.
Salik Company PJSC, Dubai's exclusive toll gate operator, has delivered a robust financial performance for the first half of 2025. The company reported a remarkable 39.5% year-on-year increase in total revenue, amounting to AED 1.53 billion. This impressive growth was supported by the introduction of two new toll gates in late 2024 and the implementation of a variable pricing system in early 2025.
The company's EBITDA surged by 44.2% to AED 1.07 billion, with an EBITDA margin of 69.7%. This strong performance underscores Salik's operational efficiency and its ability to capitalize on Dubai's economic momentum, bolstered by growth in tourism, real estate, and infrastructure spending.
Net profit for the period grew by 41.5% year-on-year to AED 770.9 million, with the Board of Directors proposing a cash dividend equivalent to 100% of the H1 2025 profit. Salik's core tolling business saw total chargeable trips reach 318.4 million, indicating a healthy demand for its services.
His Excellency Mattar Al Tayer, Chairman of the Board of Directors of Salik, expressed confidence in the company's future growth potential. Salik has upgraded its full-year 2025 guidance, with revenue expected to increase by 34-36% compared to 2024, and EBITDA margins anticipated to be in the range of 68.5-69.5%.
Given Salik's strong financial performance, strategic initiatives, and favorable market conditions, investors are advised to consider buying Salik shares. The company's commitment to delivering long-term value to shareholders and supporting Dubai's vision of becoming a global leader in smart and sustainable mobility further strengthens its investment appeal.
Source
Summary
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.
