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UAE’s ADNOC Logistics & Services jumps on quarterly beat, hiked 2025 guidance

** Shares of ADNOC Logistics & Services ADNOCLS rose 5% to 5.05 dirhams, set for sharpest one-day gain in nearly 5 months

** Among top gainers on Abu Dhabi benchmark index FADGI, which is up 0.1%

** Q2 net profit and revenue beat expectations – LSEG data

** Maritime logistics provider raises FY25 revenue growth guidance to “high 20%s” from “mid to high 20%s” forecast

** Lifts net income outlook to reflect “low to mid double-digit YoY growth” from “low double-digit” projection

** Trims 2026–29 net income guidance to “mid to high single-digit growth” from “high single-digit growth”

** 14 brokerages rate it “buy” or higher; median PT 6.45 dirhams – data compiled by LSEG

** YTD, stock down 7% vs benchmark’s 9.5% rise
Source: Reuters



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