KUWAIT – Agility, a leading global logistics provider, today reported 2018 net profit of KD 81.1 million, or 56.06 fils per share, an increase of 18.4% from 2017. Revenue for the year reached KD 1,550.2 million, and EBITDA was KD 154.8 million, increases of 10.2% and 14.5%, respectively.

For the fourth quarter 2018, Agility reported a net profit of KD 22.2 million, or 15.35 fils per share, an increase of 15.1% over Q4 2017. EBITDA for Q4 2018 was KD 40.8 million, an increase of 8.4%.

 

FY 2018

(Million KD)

FY 2017

(Million KD)

Variance

(%)

Q4 2018

(Million KD)

Q4 2017

(Million KD)

Variance

(%)

Revenue

1,550.2

1,407.0

+10.2%

399.8

386.0

+3.6%

Net Revenue

497.8

469.9

+5.9%

123.7

125.7

-1.6%

EBITDA

154.8

135.2

+14.5%

40.8

37.6

+8.4%

Net Profit

81.1

68.5

+18.4%

22.2

19.3

+15.1%

EPS (fils)

56.06

47.31

+18.5%

15.35

13.33

+15.2%

Figures in the table above have been rounded