Strong Financial Performance by Invictus Investment Company PLC
Invictus Investment Company PLC (ADX: INVICTUS), a prominent player in the agro-food sector across the Middle East and Africa, has recently revealed its audited financial results for the fiscal year ending December 31, 2025. The company has marked a remarkable turnaround, showcasing its strongest EBITDA performance since its listing on the Abu Dhabi Exchange (ADX) in 2022. In a significant leap, EBITDA surged by 184%, reaching AED 458.5 million from AED 161.4 million in the previous year.
Impressive Revenue Growth
The upward trajectory continued as revenue climbed to an unprecedented AED 13.3 billion in 2025, up from AED 8.9 billion in 2024, reflecting a 49% year-on-year increase. This remarkable top-line growth translated into a net profit of AED 227.6 million, rising 37% from AED 166.3 million in 2024. The company also achieved a return on equity of 18%, demonstrating effective management in enhancing profitability while expanding its market presence. Reflecting this positive growth, the Board has proposed a cash dividend of AED 40 million.
Record Commodity Transaction Volumes
Commodity transaction volumes saw a substantial rise, jumping 73% year-on-year to 14.2 million metric tonnes, compared to 8.2 million metric tonnes in 2024. Additionally, total equity increased by 17% to AED 1.4 billion in 2025, showcasing the company’s robust financial health as it continues to scale.
Strategic Shareholder Development
A significant milestone occurred when International Holding Company (IHC) increased its shareholding in Invictus to 40%. This move not only underscores IHC’s confidence in Invictus’s strategic path but also emphasizes the strong financial projections ahead. The acquisition, involving a block trade worth AED 419.83 million for 196 million shares, reflects a favorable outlook for further growth.
Focused Expansion Through Acquisitions
In 2025, Invictus aggressively pursued strategic investments. Notable acquisitions included Merec Industries, the leading flour milling company in Mozambique, and a 65.25% stake in Angata Limitada, a fertilizer blending firm in Angola, finalized in January 2026. Furthermore, Invictus’s previous acquisition of a 60% stake in Moroccan agro-trading company Graderco has fortified its sourcing and operational capabilities throughout Africa. The Board also greenlighted a binding offer for the majority stake of another agro-food manufacturing entity in North Africa.
Expanding Global Presence
In a bid to broaden its market reach, Invictus entered ten new countries in 2025, which include Iraq, Lithuania, and Ghana, thus extending its operations to a total of 65 nations. This growth is strongly backed by organic demand across core regions, particularly in Africa, for essential agro-food commodities. To meet the diverse needs of its expanding clientele, Invictus has also diversified its product portfolio to encompass over 30 categories.
Leadership Vision
Amir Daoud Abdellatif, CEO of Invictus Investment, remarked on the company’s impressive strides in 2025, highlighting significant growth in essential metrics alongside strategic acquisitions that fundamentally bolstered the business framework. The increase of IHC’s stake has been viewed as a critical endorsement of the company’s strategic direction. Abdellatif noted that they maintain clarity on their priorities and have a robust pipeline of investment opportunities targeting midstream and downstream sectors. Their overarching aim is to evolve into a fully integrated agro-food enterprise, establishing a revenue target of AED 25 billion by 2028.
Commitment to Sustainability
In alignment with its growth, Invictus Investment is steadfast in its sustainability commitments, building on the progress outlined in its 2024 ESG report. The company focuses on three main pillars: Environmental Stewardship, Social Empowerment, and Ethical Governance. These principles are being systematically integrated across the business, including its newly acquired companies.
Future Outlook
Looking ahead, Invictus Investment aims to sustain its long-term growth strategy with targeted investments in key African markets, especially within North Africa and coastal centers. This focus aligns perfectly with their goal of becoming a fully integrated agro-food enterprise that plays a pivotal role in enhancing food security throughout the region.
*For additional information, please refer to the official resources.*
Distributed by APO Group on behalf of Invictus Investment Company PLC.
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About Invictus Investment:
Founded in March 2022 and headquartered in Dubai, Invictus Investment Company PLC specializes in agro-food commodities and operates through its main subsidiary, Invictus Trading. Initially focused on procurement services within the MENA regions, the company has grown to encompass grain trading and commodity exports with more than 30 product categories, including barley, sesame, and wheat. Today, Invictus operates across 65 countries, emphasizing midstream and downstream acquisitions to evolve into a fully integrated agro-food enterprise in the region.
