Saturday, August 1, 2026, 5:36 PM
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2point0 Group Reports Robust H1 2026 Results, Posting AED 21.9 Billion in Revenues and AED 7.7 Billion in Net Profit Amid Global Expansion

Saturday 1 August 2026 11:40
2point0 Group Reports Robust H1 2026 Results, Posting AED 21.9 Billion in Revenues and AED 7.7 Billion in Net Profit Amid Global Expansion

 2point0 Group, a premier investment holding company headquartered in Abu Dhabi and listed on the Abu Dhabi Securities Exchange (ADX), has reported significant financial and strategic growth during the first half of 2026. Cementing its footprint in global markets, the Group generated total revenues of AED 21.9 billion and a consolidated net profit of AED 7.7 billion.

This robust financial performance underscores the company’s exceptional capability to record an adjusted EBITDA of AED 5.0 billion—excluding the impact of fair value changes and non-recurring exceptional items—while maintaining a stable consolidated gross profit margin of 29%.

The net profit generated by the Group’s subsidiaries saw a record surge of 2,301% compared to the same period last year. This growth was primarily driven by the structural merger process of "Tendam," which culminated in the formation of 2point0 Group in its current structure.

This exceptional growth is further attributed to the Group’s new strategic investments in the financial services sector and across the African continent through the acquisition of Baobab Group. Additionally, 2point0 Group penetrated the European packaging market by acquiring a 60.8% majority stake in the Italian packaging firm ISEM for AED 704 million. These acquisitions, coupled with steady and sustainable operational growth across various business verticals, propelled the total reported net profit to AED 7.7 billion.

Operationally, the Group continued to optimize its performance by implementing effective integration policies, scaling the adoption of Artificial Intelligence (AI) tools, and driving cost-efficiency initiatives. AI-driven applications and solutions now act as the equivalent of nearly 10% of the Group’s workforce across various sectors, directly enhancing productivity, accelerating decision-making, and bolstering overall operational performance.

Commenting on the results, Samia Bouazza, CEO of 2point0 Group, stated: "Our H1 2026 results reflect the formidable strength of the institutional platform we have built over the years. Our reported revenues surged by 114% on a like-for-like basis, aligning closely with our actual performance. Out of the AED 7.7 billion Group net profit, AED 2.2 billion was generated directly from our core operations. The remainder represents non-recurring gains and returns from our investment portfolio, which includes stakes in leading global enterprises such as SpaceX and Anthropic. All of this coincides with our continued focus on enhancing portfolio quality and maintaining balance sheet resilience."

The first half of the year also witnessed highly strategic moves in asset management and capital allocation. In June 2026, the Group completed the full divestment of its 7.29% stake in Abu Dhabi National Energy Company (TAQA) to Abu Dhabi Power Corporation. This transaction strengthened its financial position, increased agility to explore attractive investment opportunities across core sectors, and demonstrated the Group's capability to optimally monetize assets.

Expanding its footprint in the North American energy infrastructure sector, the Group established its subsidiary "e-point.zero," which successfully completed the full acquisition of Traverse Midstream Partners in a $2.25 billion all-cash deal. This marks e-point.zero's largest energy infrastructure investment to date, reflecting the Group’s disciplined capital allocation approach and its commitment to building global businesses that address key market bottlenecks.

Further diversifying into high-growth consumer sectors, 2point0 Group participated in the Series G funding round for WHOOP, a global leader in human performance and health, adding a unique, premium asset to its health and wellness portfolio. Additionally, in a decisive move to launch its sixth specialized consumer vertical, the Group finalized the acquisition of a 60.8% stake in Italy's ISEM Group for AED 704 million, accelerating its integration into high-growth end markets.

In the mining and metals sector, International Resources Holding (IRH) and Adani Enterprises agreed to establish a 50:50 joint venture to develop a $11.5 billion integrated aluminum project in India. This milestone reinforces IRH’s strategy of connecting capital, infrastructure, and trade to deliver long-term, sustainable value.

These investment achievements are backed by rock-solid financial foundations, supported by a robust cash balance of AED 13.7 billion and a low debt-to-equity ratio of approximately 0.32. This optimal capital structure provides the agility needed to manage risks, allocate resources efficiently, and fund high-yield global opportunities. It grants the Group a strategic edge to navigate market cycles and seize future prospects, driving sustainable, long-term shareholder value.

In another major development, FAB Securities initiated coverage of 2point0 Group with a "Buy" recommendation and a target price of AED 3.30 per share. The report highlighted the Group’s diversified exposure, AI-powered operating model, disciplined capital allocation, and strong financial performance.

In recognition of its stellar momentum, 2point0 Group secured the 36th spot on TIME Magazine’s inaugural "Global Growth Leaders" list for 2026. The ranking celebrates its robust business growth, exceptional market performance, operational stability, and visionary strategy. Furthermore, in July 2026, ADX expanded its derivatives market by listing 2point0 Group as one of six new companies under single stock futures, broadening international investor participation and enhancing the company's visibility on global trading platforms.