BRIEF-Ades Holding Q1 Net Profit SAR 236.442 Million

ADES
Tadawul All Shares Index

ADES

2382.SA

0.00

Tadawul All Shares Index

TASI.SA

0.00

May 11 (Reuters) - ADES HOLDING 2382.SE:

  • ADES HOLDING Q1 SALES SAR 2,390.736 MILLION

  • ADES HOLDING Q1 NET PROFIT SAR 236.442 MILLION

  • ADES HOLDING - Q1 SAW GROUP’S OPERATIONAL EXCELLENCE ACROSS ITS CORE MARKETS

  • ADES HOLDING - FOR THE FULL YEAR 2026, ADES REITERATES ITS EBITDA GUIDANCE IN THE RANGE OF SAR 4.50 BILLION TO SAR 4.87 BILLION

  • ADES HOLDING - Q1 SAW CONTRIBUTIONS FROM THE ACQUISITION OF SHELF DRILLING AND EXPANDED INTERNATIONAL OPERATIONS

  • ADES HOLDING - Q1 SAW CONTRIBUTION OF THE ACQUISITION OF SHELF DRILLING

  • ADES HOLDING - Q1 TOTAL CAPEX SAR 363.6 MILLION

  • ADES HOLDING - TOTAL BACKLOG RECORDED SAR 34.47 BILLION AS OF 31 MARCH

  • ADES HOLDING - WHILE ONGOING CONFLICT IN MIDDLE EAST HAS INTRODUCED HEIGHTENED UNCERTAINTY, BROADER INDUSTRY CONTEXT REMAINS SUPPORTIVE

  • ADES HOLDING - UNDERLYING FUNDAMENTALS AND SUPPLY TIGHTNESS IN OFFSHORE JACKUP MARKET CONTINUING TO HOLD

  • ADES HOLDING - ANY NORMALIZATION OF CURRENT DISRUPTIONS WILL REINFORCE SAID TIGHTNESS AND DRIVE DEMAND FOR OFFSHORE DRILLING CAPACITY

Source text: ID:nSSEJShhp

Further company coverage: 2382.SE


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