TECOM GROUP P.J.S.C.

TECOM GROUP P.J.S.C.

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TECOM Group Reports Record AED 2.9 Billion Revenue

Summary

TECOM Group reported a record AED 2.9 billion in revenue for 2025, driven by strategic portfolio expansion and strong demand for its assets.
TECOM Group PJSC has announced record financial results for 2025, showcasing robust growth across all business segments.

TECOM Group PJSC, a leading developer of strategic business districts in Dubai, has announced its financial results for the fiscal year ending December 31, 2025. The company reported record revenues of AED 2.9 billion, marking a 19% year-on-year increase. This impressive growth is attributed to strategic portfolio expansion and robust performance across all business segments.

The Group's EBITDA reached AED 2.2 billion, with a robust 78% margin, reflecting a 20% year-on-year growth. This was underpinned by effective operational performance and cost management strategies, which also contributed to a 20% increase in recurring net profit, reaching AED 1.5 billion.

TECOM Group's Funds from Operations (FFO) grew by 19% to AED 2 billion, driven by stronger performance from income-generating assets and improved collections. The fair value of the Group's Investment Property Portfolio increased to AED 34.5 billion, a 23% increase compared to the previous year.

The Group maintained strong occupancy rates of 97% for its commercial and industrial assets, reaffirming the high demand for its quality offerings. The Board of Directors proposed a cash dividend of AED 440 million for the second half of 2025, reflecting a 10% increase in dividend distribution.

TECOM Group invested over AED 2.5 billion in strategic development projects and acquisitions in 2025, emphasizing its commitment to sustainable growth. This investment strategy, coupled with a focus on operational efficiency, positions the Group well for future growth.

Given the strong financial performance, strategic investments, and high occupancy rates, TECOM Group appears to be on a solid growth trajectory. Investors may consider holding their positions as the company continues to demonstrate resilience and potential for sustained growth.

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