Page 122 - SALIK PR REPORT - MARCH 2024

3/5/24, 2:02 PM Dubai toll-gate firm Salik confirms 7.33 fils as H2-2023 dividend, total payout at Dh550m | Markets – Gulf News
share.

Through 2023, the DFM-listed firm had revenues of Dh2.1 billion (from Dh1.89 billion),

while profit was just over Dh1 billion (against Dh1.32 billion in 2022).

"Salik continues to emerge as a leading toll-gate operator globally," said Mattar Al
Tayer, Chairman of Salik. "Our updated corporate strategy will see the diversification of

our revenue streams to supplement the expansion of our core tolling business, and we

look forward to updating the market on our strategic progress in due course."

For full-year 2023, the company will have paid just over Dh1 billion to shareholders.

WHAT SALIK EXPECTS IN 2024

This year, Salik is targeting its revenue-generating trips to increase in the range of 4-6%

year-on-year, which would be a continuation of the 'strong growth momentum seen in
2023'.

That will in turn fore up a 'robust' EBITDA margin in the range of 65-66%.

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