Emsteel, a leading steel and building materials manufacturer in the region, has unveiled an impressive financial performance for the first nine months of 2025, driven by robust market demand and strategic operational enhancements. The company reported a 10% year-on-year increase in revenue, reaching Dh6.5 billion, while its Ebitda surged by 28% to Dh823 million, boosting margins to 12.7% from 11% in the previous year. Net profit soared by an extraordinary 209% to Dh283 million, partly attributed to a low comparison base following a one-off provision in 2024. Operationally, Emsteel achieved a 9% rise in total steel sales volumes, with finished steel products climbing 21% to 2.4 million tonnes. Cement and clinker sales also advanced by 17% to 2.3 million tonnes, supported by strong UAE demand and optimized capacity utilization. The Emirates Steel division remained the cornerstone of the business, contributing Dh5.8 billion in revenue and Dh680 million in Ebitda, marking a 38% year-on-year increase. Emirates Cement posted Dh652 million in revenue, a 21% rise, while the Pipes & Other segment, currently under divestment, added Dh133 million. Emsteel’s financial position strengthened further, with net cash reaching Dh711 million as of September 30, compared to Dh337 million at the end of 2024. Third-quarter results highlighted this momentum, with revenue up 13% and Ebitda more than doubling. Beyond financials, Emsteel accelerated its sustainability initiatives, unveiling TrueGreen, a new identity consolidating decades of decarbonization efforts and introducing digital carbon tracking to help clients meet emissions targets. The company also launched the world’s first Electric Process Gas Heater (ePGH) pilot in steelmaking, cutting over 2,200 tonnes of CO₂ annually. In landmark projects, Emsteel supplied 5,000 tonnes of U-type sheet piles for Egypt’s Floating Movable Bridge across the Suez Canal and delivered the region’s first hydrogen-based rebar for Abu Dhabi’s inaugural net-zero carbon mosque. The company also became the first in Mena to earn ResponsibleSteel certification, reinforcing its leadership in sustainable steel production. Eng. Saeed Ghumran Al Remeithi, Group CEO, stated, ‘Our strong performance reflects Emsteel’s agility and resilience in a dynamic market. Guided by our TrueGreen™ framework, we remain committed to building a stronger, more sustainable industrial future for the UAE and our stakeholders worldwide.’ Headquartered in Abu Dhabi, Emsteel operates 16 state-of-the-art plants with annual capacities of 3.5 million tonnes of steel and 4.6 million tonnes of cement, serving over 70 international markets. Majority-owned by ADQ, the company plays a pivotal role in supporting the UAE’s industrial strategy and Net Zero 2050 ambitions.