Logistics ADX-listed Agility targets $130m dividend payout By Pramod Kumar March 26, 2025, 11:08 AM Agility Global Agility acquired Menzies Aviation in 2022, which has operations in more than 65 countries Logistics company Agility Global has proposed a final dividend of $65 million for 2024, taking the total payout to $130 million, reflecting a healthy growth in earnings last year. The company paid a $65 million dividend in December 2024, with a further $65 million set to be approved at the upcoming general assembly for approval, the company said in a statement to the Abu Dhabi Securities Exchange. Full-year earnings surged 152 percent to $128 million last year from $50 million a year ago. The top line increased 15 percent year on year to $4.5 billion. The company holds assets worth $11.8 billion and $5.6 billion in total equity attributable. Its largest investment, in Copenhagen-based logistics company DSV, represents around 35 percent of the total assets. Kuwait’s Agility pays out $30m over scrap site dispute Kuwait’s Agility awarded $1.65bn in dispute with Iraqi telecom firm Logistics deals keep Kuwaiti real estate ticking over Agility’s net debt (excluding lease liabilities) stood at $2.5 billion, as it spent $197 million in net capex and investments last year. Its business segment’s include aviation services company Menzies Aviation, Dubai-based energy logistics company Tristar and logistics parks. Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later
