ADNOC Logistics & Services Upgrades Full-Year 2026 Financial Guidance

ADNOC

Abu Dhabi, The Gulf Observer: ADNOC Logistics & Services plc (ADNOC L&S) has announced an upgrade to its full-year 2026 financial guidance, reflecting the company’s strong performance during the second quarter of the year and continued momentum across its key business segments.

In a market update issued on Monday, the company said the revised guidance incorporates actual year-to-date performance and updated assumptions for the remainder of 2026, taking into account the sustained strength of its Shipping segment. The company noted, however, that full-year financial results will remain closely linked to regional market dynamics.

ADNOC L&S said its Offshore Contracting segment has also delivered improved performance, supported by a gradual increase in material handling volumes across its Integrated Logistics Services Platform (ILSP).

The updated guidance reflects higher material handling activity within the ILSP while maintaining the company’s previous assumptions regarding the performance of its Jack-Up Barge fleet.

The company added that its guidance for capital expenditure, leverage and dividend policy remains unchanged and continues to align with its established capital allocation framework.

ADNOC Logistics & Services is scheduled to announce its financial results for the second quarter of 2026 on August 11, 2026.