Emsteel Group announced strong financial and operational results for the first nine months of 2025, as the company continued to strengthen its position as one of the largest steel and building materials producers in the region. This performance was driven by robust domestic demand in the UAE and the Group’s efficiency in capitalizing on emerging operational opportunities.
The Group’s revenues rose to AED 6.5 billion, marking a 10% increase compared to the same period last year, while net profit reached AED 283 million, recording a significant 209% year-on-year growth. Earnings before interest, tax, depreciation, and amortization (EBITDA) increased by 28% to AED 823 million, with a margin of 12.7% compared to 11% last year, supported by higher average selling prices and ongoing efficiency enhancement initiatives.
Total steel sales grew by 9% year-on-year, while finished steel product sales increased by 21% to reach 2.428 million tons. Cement and clinker sales also rose by 17% to 2.344 million tons. The Group’s net cash position improved notably to AED 711 million as of September 2025, compared to AED 337 million at the end of 2024, reflecting stronger financial liquidity.
At the business unit level, Emirates Steel achieved revenues of AED 5.8 billion, up 9% year-on-year, and operating profits of AED 680 million, an increase of 38%. Meanwhile, Emirates Cement generated AED 652 million in revenues, up 21%, with operating profits of AED 143 million.
During the third quarter of the year, Emsteel continued to deliver outstanding results, with revenues up 13% year-on-year and operating profits more than doubling, supported by sustained demand and improved production efficiency.
As part of its sustainability commitment, Emsteel launched the True Green™ Sustainable Steel Program, a new identity that unifies the company’s longstanding efforts to reduce carbon emissions and sets a global benchmark for low-carbon steel production. The company also initiated the world’s first pilot project to deploy electrically processed gas heaters (ePGH) in direct reduction plants, a move expected to cut 2,200 tons of CO₂ emissions annually.
Emsteel also contributed to several strategic projects, including the supply of 5,000 tons of structural steel plates for the new floating bridge over the Suez Canal in Egypt, and the delivery of hydrogen-based rebar for the construction of the first carbon-free mosque in Abu Dhabi. Additionally, Emsteel became the first company in the Middle East and North Africa to receive the ResponsibleSteel™ certification, underscoring its leadership in responsible and sustainable steel production.
Commenting on the results, Eng. Saeed Ghumran Al Remeithi, CEO of Emsteel Group, said: “The strong performance during the first nine months of 2025 reflects Emsteel’s resilience and ability to achieve sustainable growth despite market fluctuations. We have demonstrated that operational discipline, managerial efficiency, and smart investment in opportunities are key drivers for transforming challenges into added value and stronger profit margins.”
Al Remeithi added that the Group remains committed to executing its strategy to reinforce the UAE’s position as a regional hub for low-carbon steel production and to support the transition toward a more efficient and sustainable industrial sector. He reaffirmed Emsteel’s commitment to creating long-term value for its shareholders, customers, and industrial partners.
