business / news / / The Manila Times
The Group recorded USD 3.5 billion in revenue, up 4.3% year-on-year, and USD 179 million in adjusted EBITDA¹, up 22.0%.
Ittihad's adjusted EBITDA grew 22% year-on-year to USD 179 million in 2025.
KEY POINTS
- Both S&P and Fitch upgraded Ittihad's long-term issuer credit rating to BB- from B+ in 2025.
- Ittihad issued a USD 550 million 5-year sukuk in November 2025, over four times oversubscribed.
- The copper recycling plant contributed its first full year of EBITDA, boosting copper segment margins.
COMPANIES
Summarized by Newsio from The Manila Times. How we summarize →