E7 Group PJSC

Logotype for E7 Group PJSC
Ticker/ISIN
ADC
AEE01073A225
Market/Country
Abu Dhabi Stock Exchange
United Arab Emirates
Latest Stock Price
11.00 AED
2024-02-21

Year to date

-0.01 %

3 months

0.00 %

6 months

0.00 %

1 year

0.00 %

3 years

0.00 %

5 years

0.00 %

Latest Pressrelease Summaries

E7 Group has partnered with SAP to implement a unified cloud-based Enterprise Resource Planning (ERP) solution, enhancing its digital infrastructure and improving key business functions. This partnership, following a rigorous evaluation process, is part of E7's growth strategy aimed at improving customer experience and operational efficiency. SAP's solutions will centralize and automate processes, providing real-time data, increased resilience, and future-proof capabilities. This collaboration supports E7's goal to expand globally and boost competitiveness by enhancing digital capabilities. The implementation will be managed by NTT DATA Business Solutions. E7 Group, established in 2006 in Abu Dhabi, operates in security solutions, commercial printing, distribution, and sustainable packaging.
On 12 August 2024, the Board of Directors of E7 Group PJSC held a meeting in Abu Dhabi at 3:00 p.m. The board approved the company's financial statements for the second quarter ending 30 June 2024 and discussed other general business matters. The notification was issued by the Disclosures and Compliance Section, Market Operations Surveillance Department of the Abu Dhabi Securities Exchange. The information was also copied to the Securities and Commodities Authority. The notice was signed by Clinton Genty-Nott, the Board Secretary.
E7 Group PJSC reported significant financial growth for the first half of 2024, with a net profit increase of 93% and EBITDA growth of 4%. In Q2 2024, the company achieved a 126% rise in net profit and a 31% increase in EBITDA, driven by securing key contracts across all business segments. The Group's revenue for Q2 2024 grew by 10% year-on-year to AED 174.8 million, contributing to a 5% year-on-year growth for H1 2024. EBITDA for Q2 2024 was AED 51.9 million, reflecting a 31% year-on-year improvement and an EBITDA margin increase to 30%. The company secured new contracts worth AED 285.3 million in H1 2024 and maintained strong cash and bank balances of AED 1.28 billion. E7 Group's segments in printing, security, packaging, and distribution continued to expand their market presence and execute strategic initiatives.
The Board of Directors of E7 Group PJSC will hold a meeting on Monday, 12 August 2024, at 3:00 p.m. in Abu Dhabi. The agenda includes reviewing the company's financial statements for the second quarter ending 30 June 2024 and discussing other general business matters. The notification is issued by Clinton Genty-Nott, the Board Secretary, and a copy has been sent to the Securities and Commodities Authority.
E7 Group PJSC, a leading UAE provider of commercial printing, security solutions, sustainable packaging, and distribution services, announced an AED 182 million investment in its security solutions segment, E7 Security. This investment aims to expand E7's passport manufacturing capacity and support its entry into digital tax stamp production. The initiative is part of E7's broader growth strategy and follows its recent market expansions and strategic partnerships. The planned production of digital tax stamps will begin in 2026, aligning with global efforts to combat illicit trade. Additionally, E7 plans to increase its passport production capacity fivefold by 2026, enhancing its market reach and incorporating advanced security features. The announcement underscores E7's commitment to innovation and long-term growth in high-value security solutions.
Abu Dhabi-based E7 Group has announced a net profit before tax growth of 42% year-on-year in Q1 2024. The company, which provides commercial printing, security printing and solutions, sustainable packaging, and distribution services, attributes the strong trading period to continued economic growth in the UAE and increased demand for its expanding product suite. E7 Group's revenue remained stable year-on-year, with a slight 1% decrease to AED 126.0m due to a revised delivery schedule for a key contract. However, it expects EBITDA to improve throughout the year due to the phasing of delivery plans. The company also unveiled a new growth strategy aimed at sustainable profit growth, improved customer service, and diversification into high-value adjacent verticals.
The text is a review report and condensed consolidated interim financial information for E7 GROUP P.J.S.C. This report covers the financial performance of the company for the three-month period ending on 31 March 2024.
The Abu Dhabi Securities Exchange (ADX) has issued a circular (19/2024) announcing a temporary suspension of trading on E7 Group shares. This follows the results of the E7 Group Company's General Assembly Meeting on 24/04/2024, where approval was given for the company's share split in line with Article (10/11) of the Listing and Disclosure Rules of the Operating Market. The trading suspension will take place on Friday, 03 May 2024 and Monday, 06 May 2024 due to the entitlement date of the Bank's shares split on 02/05/2024. Trading is expected to resume on Tuesday, 07 May 2024.

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From E7 Group PJSC

Disclosures: E7 Group PJSC Integrated Report December 31,2023

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From E7 Group PJSC

Disclosures: E7 Group PJSC Integrated Report December 31,2023

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From E7 Group PJSC

Disclosures: E7 Group PJSC General Press Release

E7 Group, a provider of commercial printing, security solutions, sustainable packaging and distribution services, has confirmed three new security solutions contracts in Africa and LATAM. The contracts, worth AED 12.9 million, cover the provision of electronic identification (eID) and driving license ID solutions. This expands the group's reach beyond the UAE and Middle East, now serving clients in 25 countries. The group's security solutions sector is its primary growth driver, with continuous expansion of its client base and exploration of opportunities in biometrics, digital identity solutions, and full systems integration. E7 Group recently reported an 11% increase in annual revenue to AED 651.9 million and a 106% increase in operational net profit to AED 140.3 million in FY 2023.

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Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From E7 Group PJSC

Disclosures: E7 Group PJSC Financial Results for the Period Ended December 31,2023

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From E7 Group PJSC

Disclosures: E7 Group PJSC Board Meeting Results held on 25/03/2024 at 15:00

1. Attached Document

Abu Dhabi Stock Exchange News

Abu Dhabi Stock Exchange News

News Update From E7 Group PJSC

Disclosures: E7 Group PJSC Announcement of Board Meeting to be held on 25/03/2024 at 15:00

The Board of Directors of E7 Group PJSC will convene a meeting on 25 March 2024 in Abu Dhabi. The agenda includes reviewing the company's audited financial statements for the financial year ended 31 December 2023, approving the invitation and agenda for the Annual General Meeting (AGM) for the Financial year 2023 and determining its date, discussing the share split and share buyback, discussing business strategy and growth initiatives, and addressing other general business matters.

1. Attached Document

ADX News

ADX News

News Update From E7 Group PJSC

Disclosures: E7 Group PJSC Press Release on the Financial Results for the Period Ended December 31,2023

E7 Group, a commercial printing, security printing, solutions, sustainable packaging and distribution services provider listed on the Abu Dhabi Securities Exchange, reported a 110% year-on-year increase in its operational net profit for FY2023, driven by a 45% growth in EBITDA. The Group recently listed as a de-SPAC entity on ADX, following a successful business combination between ADC Acquisition Corporation PJSC and United Printing and Publishing, which made AED 1.1bn available to E7 Group. This funding is expected to accelerate E7's growth in the security solutions and sustainable packaging sectors, and support future digitalization and talent investments. E7 also reported a 10% year-on-year revenue growth to AED 631.9m, driven by new customer wins in the security solutions, commercial printing and sustainable packaging segments.

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ADX News

ADX News

News Update From E7 Group PJSC

Disclosures: E7 Group PJSC Preliminary Financial Results for the Period Ended December 31,2023

1. Attached Document

ADX News

ADX News

News Update From E7 Group PJSC

Disclosures: E7 Group PJSC Board Meeting Results held on 13/02/2024 at 15:00

1. Attached Document

ADX News

ADX News

News Update From E7 Group PJSC

Disclosures: E7 Group PJSC By Circulation of Board Meeting to be held on 13/02/2024 at 15:00

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