Today's Edition
ABU DHABI (ALETIHAD)
Shareholders of LuLu Retail Holdings have approved a dividend of approximately Dh361.5 million for the second half of 2025 at the company’s Annual General Meeting (AGM).
This brings the total dividend for the full year 2025 to Dh723 million.
The last entitlement date is May 1, 2026, with the dividend payment scheduled for May 23, 2026.
The meeting marked the company’s second AGM since its listing on the Abu Dhabi Securities Exchange (ADX) in November 2024. All resolutions presented at the AGM were approved unanimously by shareholders.
For the financial year ending 2025, LuLu Retail reported record revenue of $7.9 billion, representing a 4.1% year-on-year increase, reflecting sustained operational performance across its GCC markets.
“Our strong performance in 2025 reflects the resilience of our business model and the continued trust of our customers, partners and shareholders. We remain committed to delivering consistent returns while investing in future growth through expansion, innovation and digital transformation,” said Yusuff Ali M.A., Chairman of LuLu Group.
He added that the company will continue to focus on strengthening its leadership position across the GCC while enhancing long-term value for stakeholders.
The group reported like-for-like growth across existing stores, supported by merchandising strategies, targeted promotions and a focus on customer experience.
Expansion across key GCC markets, strengthened supplier partnerships and cost efficiencies also contributed to improved profitability.
LuLu Retail said it accelerated its e-commerce and omnichannel growth, with digital channels contributing significantly to overall sales. Investments in private label development and sourcing capabilities also supported margins and product differentiation.
“We are focused on building a scalable, future-ready retail platform that combines physical excellence with digital capability. Our continued investments in technology, supply chain and customer experience will ensure we remain well-positioned to capture growth opportunities and deliver sustained value in the years ahead,” said Saifee Rupawala, Chief Executive Officer of LuLu Retail.
