ADNOC Distribution – Company Fact Sheet
A unique Regional Investment Story with High Margins and Growth
A significant contributor to the UAE’s economy
ADNOC Distribution in Numbers
376
Fuel retail sites in the UAE
250
Convenience stores
24
Vehicle inspection centers
9.61bn liters
2018
Fuel volumes
167.8m
2018
Fuel retail transactions
42.7m
2018
Non-fuel retail transactions
Corporate profile

ADNOC Distribution is the leading fuel distributor and convenience store operator, and the number one retail and wholesale fuel brand in the United Arab Emirates.

We operate 376 retail fuel service stations and 250 convenience stores, including 13 Géant Express branded stores. In December 2018, we opened our first three locations in Dubai, making us the only fuel retailer operating in all seven emirates in the UAE. In 2018, we also expanded our operations internationally, opening two service stations in the Kingdom of Saudi Arabia.

In addition to our fuel offerings, we provide lube change, tire change, car wash and other car care services at many of our locations, and operate the only government-authorized vehicle inspection centers in Abu Dhabi. We also lease space at our service stations to quick service restaurants and other service providers, including major brands such as McDonalds, KFC and Starbucks.

We are also the UAE’s leading marketer and distributor of fuels to commercial, industrial and government customers. We provide aviation services to civil aviation customers at seven airports, and fuel and aviation services to strategic aviation customers throughout the UAE.

ADNOC Distribution shares are listed on the Abu Dhabi Securities Exchange (ADX) under the symbol ADNOCDIST.


Vision

To be the leading world-class fuels and convenience retailer


Mission

To deliver first-class service, choice and convenience to our customers with a commercially-minded and performance-driven approach

Strategy

Increasing our profitability by consolidating our market leader status in the UAE, enhancing our product offerings and expanding our geographic reach

  • Leveraging our position as the leading fuel retailer in the UAE to introduce new services that we believe will enhance customer satisfaction, increase customer loyalty, and drive incremental fuel sale revenue and profitability.
  • Rationalizing operations and capital expenditures at our retail fuel service stations and convenience stores to increase profitability.
  • Optimizing convenience store operations and other non-fuel offerings to increase revenue and profitability.
  • Harnessing the power of the ADNOC brand and our highly developed infrastructure to expand in existing markets and into new geographies.
  • Nurturing our long-standing relationship with our commercial, industrial and government customers to continue to grow revenue in our Corporate division.
At a glance

Established in 1973, as a wholly owned subsidiary of ADNOC (Abu Dhabi National Oil Company), an integrated energy company owned by the Emirate of Abu Dhabi that operates across the hydrocarbon value chain, including exploration, production, storage, refining, marketing and distribution.

2018 Revenue
AED 22,893m
2018 Gross profit
AED 5,069m
2018 Gross profit margin
22.1%
2018 EBITDA
AED 2,774m
2018 EBITDA margin
12.1%
2018 Profit for the period
AED 2,128m
2018 Profit for the period margin
9.3%
Governance
Chairman of the Board
CEO
Deputy CEO
H.E. Dr. Sultan Ahmed Al Jaber
Saeed Mubarak Al Rashdi
John Carey
Stock Market Information
Market
Abu Dhabi Securities Exchange (ADX)
Sector
Energy
ADX symbol
ADNOCDIST
Currency
AED (United Arab Emirates Dirham)
International Securities Identification Number (ISIN)
AEA006101017
Reuters Instrument Code (RIC)
ANOD.AD
Bloomberg symbol
ADNOCDIS:UH
Initially listed in the stock market on
December 13, 2017
Number of shares outstanding
12,500,000,000
Market cap as at 09/12/2019
AED 35,000,000,000
Financials
Retail Business
Retail

Fuel ADNOC Distribution is the UAE’s leading operator of retail fuel service stations, operating 376 locations in the country as of 31 December 2018. The Company also has begun to expand internationally with the opening of two locations in Saudi Arabia in 2018.
The Company is also active in the retail sale of liquefied petroleum gas (LPG), compressed natural gas (CNG) and automotive lubricants. Non-Fuel The Company’s non-fuel activities comprise convenience stores located at its service stations, as well as ancillary services such as car washes and lube changes.

Allied Services
Rental properties The Company leases more than 900 rental properties at its service stations to tenants that include restaurant operators and companies offering banking, automobile insurance and other services. Vehicle Inspection The Company’s 24 vehicle inspection centers are the only authorized providers of government-mandated annual vehicle inspections in the Emirate of Abu Dhabi.
Commercial Business
Corporate
Fuel The UAE wholesale fuels market consists primarily of sales of diesel and gasoline to commercial, industrial and government customers. Lubricants Lubricants (engine oils and greases) are used by commercial, industrial, marine and government customers for motor vehicles as well as for other engines, machinery and equipment.
Aviation
  Although the Company’s civil aviation sales and supply business was transferred to ADNOC in 2017, the Company continues to provide fuel distribution services and aircraft refueling operations to ADNOC’s civil aviation customers.

The Company also sells aviation fuel, and provides refueling and related services, to its strategic aviation customers.