43.7 billion dirhams in cash balances at the end of the first half

The group ended the first half of the fiscal year 2024/2025 with a strong cash position, with its balances reaching 43.7 billion dirhams ($11.9 billion) on September 30, 2024, compared to 47.1 billion dirhams ($12.8 billion) on March 31, 2024. The group was able to benefit from its reserves. Robust cash to support business needs, including repayment of orders for new cargo aircraft and repayment of other debts. The group also paid 2 billion dirhams to the owners’ share, as announced at the end of the financial year 2023/2024.

The Emirates Group announced today its best half-year financial results ever for the fiscal year 2024/25, as it recorded pre-tax profits amounting to 10.4 billion dirhams ($2.8 billion), exceeding its record pre-tax profits in the same period last year.

The group also recorded earnings before interest, taxes, depreciation and amortization of 20.4 billion dirhams ($5.6 billion), compared to 20.6 billion dirhams ($5.6 billion), during the same period last year, a slight decrease that reflects the group’s strong operating profitability.