Abu Dhabi: Emirates Global Aluminium (EGA) reported a 10 per cent decline in adjusted earnings for the first nine months of 2026, as the regional conflict disrupted production at its Al Taweelah facilities and constrained aluminium exports from the UAE.
The Abu Dhabi-based producer recorded adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of $1.572 billion (Dh5.77 billion) for the nine months to September, compared with $1.738 billion (Dh6.38 billion) in the same period last year.
Total aluminium sales volumes fell 36 per cent to 1.327 million tonnes, from 2.083 million tonnes a year earlier. The decline reflected lower metal availability following the shutdown of Al Taweelah and logistical constraints affecting outbound shipments.
Higher realised aluminium prices, a greater share of higher-value products and cost controls helped cushion the impact of lower volumes.
EGA's adjusted EBITDA margin increased to 30 per cent from 28 per cent, while value-added products accounted for 88 per cent of sales, up from 83 per cent.
The company said its performance had been affected by the March 28 incident at Khalifa Economic Zone Abu Dhabi, which led to an emergency shutdown of all Al Taweelah facilities.
After accounting for the $53 million impact on EBITDA linked to the incident, reported EBITDA stood at $1.519 billion (Dh5.58 billion).
.jpg)
