MAADEN FOURTH QUARTER AND FULL YEAR 2025 RESULTS

During Q4-2025, Maaden reported revenue of $2.8B, an increase of 7% year-on-year (YoY), leading to an EBITDA of $1.2B (+30% YoY) and net profit attributable to shareholders of $0.5B (compared to a $28m loss in the prior year period). The quarter was underpinned by operational performance, coupled with solid commodity prices. 

For the full year, Maaden reported revenue of $10.3B during FY2025, an increase of 19% year-on-year (YoY), leading to an EBITDA of $4.3B (+30% YoY) and net profit attributable to shareholders of $2.0B (+156% YoY). Performance was led by record phosphate production, near record aluminum production,an increase in all three of Maaden’s main output commodity prices, and the maiden full year inclusion of Alba in Maaden’s results of $0.3B (which includes a one-off bargain purchase gain in Q4 of $0.2B).  

Bob Wilt, CEO, Maaden, said: “This was a great year for Maaden’s strategic growth. We delivered strong financial results and sustained operational excellence across the business. This was driven by growth in production across all businesses, including record-breaking DAP volumes, disciplined cost control across and a clear commitment to our role as a cornerstone of the Saudi economy.

“Looking ahead, this pace of growth will only accelerate. Not only as we advance projects and increase the scale of our exploration program, but as we continue to grow production and implement technology that will further modernize, streamline and unlock value. This comes with an even greater focus on our people, and next generation of leaders we must attract, to create a sustainable Maaden that will deliver on the Kingdom’s vision for decades to come.”