Baladna Food Industries reports revenue of US$348M in full year 2025

QATAR – Baladna has reported full-year revenue of USD 348 million (QAR 1.27 billion), up 11% year on year, driven by higher volumes across key channels, with HoReCa contributing significantly and recording a 30% growth in 2025.

Profitability improved materially during the year. EBITDA rose to USD 211.2 million (QAR 770.1 million), with a margin of 60.7%, while net profit reached QAR 538.8 million, with a margin of 42.6%.

Performance mainly reflected returns from the Strategically Diversified Investment Portfolio, implemented as part of the Company’s plan for geographic and sectoral diversification, alongside the increasing contribution from international investments and overseas operations. Earnings per share increased to QAR 0.252, compared to QAR 0.086 in 2024.

Additionally, in the fourth quarter, revenue increased to US$89.6 million (QAR 326.5 million), compared to US$78.5 million (QAR 286.2 million) in the same period last year.

The improvement was driven primarily by higher revenue contribution from the evaporated milk segment, supported by seasonal demand, increased visitor activity during the FIFA Arab Cup Qatar 2025 held in December.

Operational highlights

The company continued to deliver across its core operations while actively extending its commercial reach beyond the domestic market.

It expanded its export activities with the commencement of regular shipments of selected long-life dairy products to Syria through a local distribution partner, leveraging Baladna’s established production capabilities and strengthening its regional presence.

Across the domestic business, demand was supported during the fourth quarter by increased activity associated with the FIFA Arab Cup Qatar 2025, alongside continued portfolio management across core dairy and juice categories.

Throughout the year, Baladna expanded its portfolio to 267 SKUs, adding over 33 new products. The Company now operates more than 149 sales routes, reinforcing its number one market position in Qatar.

Product portfolio activity remained focused on performance and consumer demand, with selective product introductions and ongoing optimization supporting mix quality and operational priorities.

Capital Increase

The Extraordinary General Assembly approved an increase in the Company’s paid-up share capital by 24%, from US$587.0 million (QAR 2.14 billion) to US$729.6 million (QAR 2.66 billion), through the issuance of 514,556,390 new ordinary shares at an issue price of QAR 1.01 per share.

The capital increase will be implemented through a rights issue, with priority granted to eligible shareholders registered with Edaa as at the end of the trading session on 10 March 2026, subject to the approval of the relevant regulatory authorities.

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