{"id":84551,"date":"2025-02-18T00:00:00","date_gmt":"2025-02-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/18\/agility-global-posts-robust-growth-in-fy-2024\/"},"modified":"2025-02-18T00:00:00","modified_gmt":"2025-02-18T00:00:00","slug":"agility-global-posts-robust-growth-in-fy-2024","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/02\/18\/agility-global-posts-robust-growth-in-fy-2024\/","title":{"rendered":"Agility Global posts robust growth in FY 2024"},"content":{"rendered":"

Kuwait\u2019s Agility Global saw its net income attributable to shareholders jump to USD 125 <\/strong>mn in FY 2024,<\/strong> a 150% y-o-y increase in our calculation, <\/strong>according to a preliminary earnings release (pdf)<\/a>. The company \u2014 which is listed on both ADX and Kuwait Stock Exchange \u2014 saw its revenues climb about 14.5% y-o-y to USD 4.5 bn during the same period.<\/p>\n

3Q 2024 performance:<\/strong> Agility Global\u2019s net income attributable to shareholders rose USD 37.1<\/a>mn in 3Q 2024<\/a>, while its revenues increased 16% y-o-y to USD 1.2 bn in the same period.<\/p>\n

Betting big on major growth:<\/strong> The company announced it had inked a USD 1.4 bn credit<\/a>facility agreement<\/a> with several unnamed regional and global banks back in December to bolster future growth, as well as settling dues and funding current operations.<\/p>\n

Highlights from the year: <\/strong>The logistics player undertook two major ventures in KSA, with a SAR 250 mn (c. USD 66.5 mn) expansion project<\/a> at its warehousing complex in Riyadh and a new logistics complex development worth SAR 227 mn<\/a> with Riyadh Development Company.<\/p>\n

ICYMI<\/strong>: <\/strong>Agility Global floated its shares on the ADX last year<\/a>, realizing 327% gains in share price on its first trading day via technical listing. <\/p>\n","protected":false},"excerpt":{"rendered":"

The firm had a good year<\/p>\n","protected":false},"author":1,"featured_media":84552,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[175],"tags":[235,174,160],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-84551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-watch","tag-agility-logistics","tag-earnings-watch","tag-kuwait","wpautop","entry"],"acf":{"mongo_id":"fbd4754f-470d-4fd2-97cb-b528e1a8a159","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/8\/1407.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Agility Global posts robust growth in FY 2024","related_issue":[84538],"teaser":"The firm had a good year","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.6b246591-1858-4120-a9e2-400646df9de7.mp3"},"yoast_head":"\nAgility Global posts robust growth in FY 2024 - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/18\/agility-global-posts-robust-growth-in-fy-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Agility Global posts robust growth in FY 2024\" \/>\n<meta property=\"og:description\" content=\"The firm had a good year\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/18\/agility-global-posts-robust-growth-in-fy-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"Logistics\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-18T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1407.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/18\/agility-global-posts-robust-growth-in-fy-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/18\/agility-global-posts-robust-growth-in-fy-2024\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Agility Global posts robust growth in FY 2024\",\"datePublished\":\"2025-02-18T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/18\/agility-global-posts-robust-growth-in-fy-2024\/\"},\"wordCount\":194,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/18\/agility-global-posts-robust-growth-in-fy-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1407.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Agility Logistics\",\"EARNINGS WATCH\",\"Kuwait\"],\"articleSection\":[\"Earnings Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/18\/agility-global-posts-robust-growth-in-fy-2024\/\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/2025\/02\/18\/agility-global-posts-robust-growth-in-fy-2024\/\",\"name\":\"Agility Global posts robust growth in FY 2024 - 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