A D N H Catering plc Management Discussion and Analysis Report for the Period Ended March 31,2026

ADNH Catering PLC reported Q1 2026 revenue of AED 464 million, a 13% year-over-year increase driven by the acquisition of ADNH Catering KSA and AED 12 million in organic growth.
EBITDA declined 10% to AED 54 million and net profit fell 20% to AED 31 million compared to Q1 2025, primarily due to the impact of regional geopolitical tensions on operational costs and margins.
The company achieved a 99.4% contract retention rate, exceeding its 95% target, and secured 20 new contracts worth AED 37 million in annualized revenue.
Total equity decreased by 12% to AED 543 million as of March 31, 2026, following a cash dividend payment of AED 90 million.