Adnoc Distribution to Keep Expanding, Open to Acquisitions: COO

The video discusses the company's financial performance, highlighting a 3% increase in EBIT, a 4% rise in net income, and a 20% growth in free cash flow. The focus is on cost efficiencies, market expansion, and improving convenience stores. Leadership continuity is emphasized, with plans for expansion in the UAE and potential acquisitions. The strategy includes both organic and inorganic growth, with a focus on international markets like Saudi Arabia. The retail sector shows significant growth, and there are ambitions to expand the lubricant business in India.

What are the expected outcomes of the expansion plans in the UAE by the end of 2019?

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What insights can be drawn from the average basket size increase mentioned in the text?

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