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ABU DHABI, UAE, May 13, 2026 /PRNewswire/ -- Agthia Group PJSC (AGTHIA:UH), one of the region's leading food and beverage companies, today announced a strong performance for the first quarter of 2026, reflecting disciplined execution across its diversified portfolio, and its ability to maintain operational continuity amid external headwinds.
Group Net Revenue rose 3.3% year-on-year to AED 1.3 billion, EBITDA grew 4.1% to AED 193.3 million, while Net Profit increased 12.5% to AED 96.9 million, supported by disciplined execution, stronger margin delivery, and improving operating performance across key businesses. Results of the quarter were shaped by strong execution in core segments, continued progress across transformation projects, and the Group's ability to respond quickly to a more complex operating environment.
Khalifa Sultan Al Suwaidi, Chairman of Agthia's Board, commented: "The first quarter reinforced the importance of resilience, discipline and long-term perspective in navigating a more complex operating environment. Agthia's performance reflects the strength of the Group's fundamentals, the relevance of its role in supporting the broader food security agenda, and the focus with which it continues to execute against its strategic priorities."
Salmeen Alameri, Managing Director & CEO of Agthia Group, added: "Our first-quarter performance reflects disciplined execution across the business, the strength of our diversified portfolio, and the commitment of our teams across the Group. In a complex regional context, we responded with agility, maintained uninterrupted supply, and continued to manage our operations with focus and consistency. At the same time, the transformation actions underway across the Group are beginning to translate more clearly into performance, supporting improved operating efficiency, stronger margin delivery, and a more resilient earnings profile. We remain firmly focused on our long-term priorities and confident in our ability to continue strengthening Agthia's position as a leading food and beverage company."
Water & Food remained a key growth driver during the quarter, supported by strong performance in UAE bottled water and Home and Office Services. Protein & Frozen also showed encouraging progress as transformation efforts continued and the ramp-up of the Group's Saudi protein facility gathered pace, with Phase II now operational and adding capacity. Agri-Business further supported Group performance, delivering resilient underlying results alongside its participation in UAE food security-related programs, while Snacking continued to move through a reset focused on strengthening future growth and margin potential. In Q1 2026, the Group also delivered a 22.5% increase in e-commerce revenue, which now accounted for 7.2% of underlying revenue.
About Agthia
Agthia Group PJSC is a leading Abu Dhabi-headquartered food and beverage company and part of ADQ. With a diversified portfolio of more than 20 trusted brands across Water & Food, Snacks, Protein & Frozen, and Agri-Business, the Group operates across seven countries and serves consumers in over 60 markets worldwide. With a workforce exceeding 12,000 employees, Agthia combines scale, strong operational capabilities, innovation, and a commitment to sustainability to create long-term value across the food and beverage value chain.
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ABU DHABI, UAE, May 13, 2026 /PRNewswire/ -- Agthia Group PJSC (AGTHIA:UH), one of the region's leading food and beverage companies, today announced a strong performance for the first quarter of 2026, reflecting disciplined execution across its diversified portfolio, and its ability to maintain operational continuity amid external headwinds.
Group Net Revenue rose 3.3% year-on-year to AED 1.3 billion, EBITDA grew 4.1% to AED 193.3 million, while Net Profit increased 12.5% to AED 96.9 million, supported by disciplined execution, stronger margin delivery, and improving operating performance across key businesses. Results of the quarter were shaped by strong execution in core segments, continued progress across transformation projects, and the Group's ability to respond quickly to a more complex operating environment.
Khalifa Sultan Al Suwaidi, Chairman of Agthia's Board, commented: "The first quarter reinforced the importance of resilience, discipline and long-term perspective in navigating a more complex operating environment. Agthia's performance reflects the strength of the Group's fundamentals, the relevance of its role in supporting the broader food security agenda, and the focus with which it continues to execute against its strategic priorities."
Salmeen Alameri, Managing Director & CEO of Agthia Group, added: "Our first-quarter performance reflects disciplined execution across the business, the strength of our diversified portfolio, and the commitment of our teams across the Group. In a complex regional context, we responded with agility, maintained uninterrupted supply, and continued to manage our operations with focus and consistency. At the same time, the transformation actions underway across the Group are beginning to translate more clearly into performance, supporting improved operating efficiency, stronger margin delivery, and a more resilient earnings profile. We remain firmly focused on our long-term priorities and confident in our ability to continue strengthening Agthia's position as a leading food and beverage company."
Water & Food remained a key growth driver during the quarter, supported by strong performance in UAE bottled water and Home and Office Services. Protein & Frozen also showed encouraging progress as transformation efforts continued and the ramp-up of the Group's Saudi protein facility gathered pace, with Phase II now operational and adding capacity. Agri-Business further supported Group performance, delivering resilient underlying results alongside its participation in UAE food security-related programs, while Snacking continued to move through a reset focused on strengthening future growth and margin potential. In Q1 2026, the Group also delivered a 22.5% increase in e-commerce revenue, which now accounted for 7.2% of underlying revenue.
About Agthia
Agthia Group PJSC is a leading Abu Dhabi-headquartered food and beverage company and part of ADQ. With a diversified portfolio of more than 20 trusted brands across Water & Food, Snacks, Protein & Frozen, and Agri-Business, the Group operates across seven countries and serves consumers in over 60 markets worldwide. With a workforce exceeding 12,000 employees, Agthia combines scale, strong operational capabilities, innovation, and a commitment to sustainability to create long-term value across the food and beverage value chain.
For all our latest updates, follow us on LinkedIn or Instagram
Photo - https://mma.prnasia.com/media2/2978312/Salmeen_Alameri_Agthia.jpg?p=medium600
Photo - https://mma.prnasia.com/media2/2978310/Agthia_Q1_Results_EN_Infographic.jpg?p=medium600
Logo - https://mma.prnasia.com/media2/2978311/Agthia_Group_Logo.jpg?p=medium600
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Agthia Delivers Strong Q1 2026, with Net Profit Growth of 12.5%
Agthia Delivers Strong Q1 2026, with Net Profit Growth of 12.5%
Stable OS 2.0 enables financial institutions to execute trade payments through one unified wire instruction across 100+ markets and 75+ currencies, with settlement at the beneficiary bank via local RTGS. Keyrails' direct banking relationships in New York, London and Hong Kong extend its cut-off time coverage over multiple time zones and enable an average of 12 hours uptime for processing.
LONDON, May 13, 2026 /PRNewswire/ -- Keyrails today announced Stable OS 2.0, an institutional, stablecoin-compatible payment execution layer built for high-value trade payments across emerging markets.
For banks, fintechs, and trade operators, cross-border payments are not only a speed problem, they are an execution problem. High value import, export, and commodity flows often move through fragmented correspondent chains, multiple intermediaries, inconsistent payment formats, and corridor-specific requirements, limiting control over when funds reach the beneficiary bank. Stable OS 2.0 is designed to change that. The platform enables institutions to execute trade payments through one unified wire instruction routed via SWIFT rails (using Keyrails' BIC KEYRCA62) across 100+ markets and 75+ currencies, with settlement at the beneficiary bank via local RTGS.
Wire messages created via Stable OS 2.0 follow a POBO scheme, meaning the Original Sender becomes the actual sender in the SWIFT message for all currencies. Stable OS 2.0 also generates UETR tracking codes automatically.
"Trade payments still depend on a chain of intermediaries no one controls end-to-end," said Berhan Kongel, CEO of Keyrails. "Stable OS 2.0 gives institutions a standardized execution path across complex markets: payments can be instructed directly from stablecoin wallets, move through one wire instruction and one flow, and settle at the beneficiary bank via local RTGS."
Not Your Everyday Wire Transfer
Stable OS 2.0 connects stablecoins to local RTGS rails via 450+ nostro accounts in 100+ jurisdictions. RTGS is a fast interbank rail that allows Keyrails to settle funds in beneficiary accounts without a complex routing, usually associated with the slowness of the SWIFT wires.
By standardizing trade payment execution, Keyrails helps institutions reduce operational handoffs, improve traceability, and execute across complex corridors and exotic currencies with greater predictability.
About Keyrails
Keyrails is a stablecoin-native trade operating system unifying payments, treasury, and credit for global B2B finance in emerging markets.
Learn more about Stable OS 2.0 at keyrails.com.
Media Contact: enterprise@keyrails.com
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One Wire Instruction Across 75+ Currencies: Keyrails Unveils World's Biggest 3rd Party RTGS Network For Emerging Markets
