{"success":true,"data":{"pressRelease":{"id":"156505","rtpr_id":"nPNAGsmw4a-20260930","ticker":"DARD","exchange":"LSE","all_tickers":["DARD"],"title":"DAR GLOBAL DELIVERS 66% REVENUE GROWTH IN HY 2026 AS PORTFOLIO GDV REACHES US$23BN","author":"PR Newswire","published_at":"2026-09-30T11:11:58.198Z","article_body":"DAR GLOBAL DELIVERS 66% REVENUE GROWTH IN HY 2026 AS PORTFOLIO GDV REACHES\nUS$23BN\nPR Newswire\n\nRIYADH, Saudi Arabia, Sept. 30, 2026\n\nRIYADH, Saudi Arabia, Sept. 30, 2026 /PRNewswire/ -- Dar Global, the\nLondon-listed luxury international real estate developer, recently announced\nits unaudited interim results for the six months ended 30 June 2026 (HY 2026),\nreporting a 66% revenue increase to US$258.0 million (HY 2025: US$155.4\nmillion). The performance was driven by the Group's projects and sustained\ndemand across its diversified portfolio in the GCC, Europe, and the UK.\n\n\nGross profit rose 85% to US$87.7 million, expanding margins to 34% (from 31%).\nEBITDA increased 73% to US$46.3 million, while net profit surged 149% to\nUS$30.4 million (HY 2025: US$12.2 million). Growth was anchored by revenue\nrecognition from landmark projects, including The Astera, Interiors by Aston\nMartin and Neptune, Interiors by Mouawad.\n\nGross Development Value (GDV) nearly doubled year-on-year to US$23.0 billion,\nwhile cumulative contracted sales rose to US$3.9 billion across 4,380 units.\nThe Group maintained a robust balance sheet with a Net Asset Value of US$613.3\nmillion and total cash balances of US$847.9 million, including US$231.6\nmillion in free cash, supporting total available liquidity of US$579.3\nmillion.\n\nIn Saudi Arabia, the Group partnered with The Trump Organization in January to\nlaunch Rayana, a 2.6 million sq. m gated community in Diriyah featuring luxury\nmansions and a championship golf course, and later awarded a SAR 338 million\n(~US$90 million) infrastructure contract to Compass and Bin Omairah Company.\nDar Global also unveiled Trump Plaza Jeddah (GDV US$383.6 million) and the\nadjacent Padel Living Residences (GDV US$142 million) within the Amaya\nmasterplan.\n\nIn April, the Group closed a US$250 million syndicated term loan facility. In\nAugust, following the period, Dar Global appointed Gulf Asia Contracting to\nexecute podium construction for the 80-storey, ~350-metre Trump International\nHotel & Tower on Dubai's Sheikh Zayed Road.\n\nZiad El Chaar, Chief Executive, commented: \"We have delivered a resilient\nperformance through uncertain times in the region, supported by the quality\nof our international portfolio. Buyer demand across our markets remained\nrobust. Looking ahead, we remain focused on growing our GDV across both\nexisting and new growth markets, while maintaining a disciplined focus on\nexecution and delivery. With a strong balance sheet, disciplined capital\nmanagement and a healthy project pipeline, Dar Global is well positioned to\ncontinue creating long-term value for its stakeholders.\"\n\nSOURCE Dar Global\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1999581/Dar-Global_Rayana-Masterplan.jpg?id=OA2979454\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPNAGsmw4a-20260930","title":"DAR GLOBAL DELIVERS 66% REVENUE GROWTH IN HY 2026 AS PORTFOLIO GDV REACHES US$23BN","author":"PR Newswire","ticker":"DARD","created":"2026-09-30T11:11:58.198Z","tickers":["DARD"],"exchange":"LSE","article_body":"DAR GLOBAL DELIVERS 66% REVENUE GROWTH IN HY 2026 AS PORTFOLIO GDV REACHES\nUS$23BN\nPR Newswire\n\nRIYADH, Saudi Arabia, Sept. 30, 2026\n\nRIYADH, Saudi Arabia, Sept. 30, 2026 /PRNewswire/ -- Dar Global, the\nLondon-listed luxury international real estate developer, recently announced\nits unaudited interim results for the six months ended 30 June 2026 (HY 2026),\nreporting a 66% revenue increase to US$258.0 million (HY 2025: US$155.4\nmillion). The performance was driven by the Group's projects and sustained\ndemand across its diversified portfolio in the GCC, Europe, and the UK.\n\n\nGross profit rose 85% to US$87.7 million, expanding margins to 34% (from 31%).\nEBITDA increased 73% to US$46.3 million, while net profit surged 149% to\nUS$30.4 million (HY 2025: US$12.2 million). Growth was anchored by revenue\nrecognition from landmark projects, including The Astera, Interiors by Aston\nMartin and Neptune, Interiors by Mouawad.\n\nGross Development Value (GDV) nearly doubled year-on-year to US$23.0 billion,\nwhile cumulative contracted sales rose to US$3.9 billion across 4,380 units.\nThe Group maintained a robust balance sheet with a Net Asset Value of US$613.3\nmillion and total cash balances of US$847.9 million, including US$231.6\nmillion in free cash, supporting total available liquidity of US$579.3\nmillion.\n\nIn Saudi Arabia, the Group partnered with The Trump Organization in January to\nlaunch Rayana, a 2.6 million sq. m gated community in Diriyah featuring luxury\nmansions and a championship golf course, and later awarded a SAR 338 million\n(~US$90 million) infrastructure contract to Compass and Bin Omairah Company.\nDar Global also unveiled Trump Plaza Jeddah (GDV US$383.6 million) and the\nadjacent Padel Living Residences (GDV US$142 million) within the Amaya\nmasterplan.\n\nIn April, the Group closed a US$250 million syndicated term loan facility. In\nAugust, following the period, Dar Global appointed Gulf Asia Contracting to\nexecute podium construction for the 80-storey, ~350-metre Trump International\nHotel & Tower on Dubai's Sheikh Zayed Road.\n\nZiad El Chaar, Chief Executive, commented: \"We have delivered a resilient\nperformance through uncertain times in the region, supported by the quality\nof our international portfolio. Buyer demand across our markets remained\nrobust. Looking ahead, we remain focused on growing our GDV across both\nexisting and new growth markets, while maintaining a disciplined focus on\nexecution and delivery. With a strong balance sheet, disciplined capital\nmanagement and a healthy project pipeline, Dar Global is well positioned to\ncontinue creating long-term value for its stakeholders.\"\n\nSOURCE Dar Global\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1999581/Dar-Global_Rayana-Masterplan.jpg?id=OA2979454\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-09-30T11:11:58.23706122Z","server_sent_at_ms":1790766718237},"received_at":"2026-09-30T11:11:58.286Z","source_url":null},"analysis":{"id":"145196","press_release_id":"156505","analysis_json":{"industry":{"label":"Real Estate Development","sector":"Real Estate"},"redFlags":[],"eventType":"earnings","narrative":"Dar Global reported HY 2026 revenue of US$258.0 million, up 66% year-over-year, with net profit surging 149% to US$30.4 million.\n\nPortfolio gross development value nearly doubled to US$23.0 billion, with cumulative contracted sales of US$3.9 billion across 4,380 units, and gross margin expanded to 34% from 31%.\n\nThe balance sheet remains robust with US$847.9 million of cash and a US$250 million syndicated term loan closed in April, while the Trump Organization partnerships (Rayana, Trump Plaza Jeddah, Trump Tower Dubai) anchor the growth pipeline.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Luxury real estate developer doubling GDV on Trump-branded GCC pipeline with surging profitability."},"keyFigures":{"revenue":258000000,"revenueYoy":"66%","customDimensions":{"gdv":23000000000,"ebitda":46300000,"free_cash":231600000,"net_profit":30400000,"total_cash":847900000,"gross_margin":"34%","gross_profit":87700000,"net_asset_value":613300000,"available_liquidity":579300000,"cumulative_contracted_sales":3900000000}},"quotedText":"We have delivered a resilient performance through uncertain times in the region, supported by the quality of our international portfolio.","namedEntities":{"people":[{"name":"Ziad El Chaar","role":"Chief Executive"}],"products":["Rayana","Trump Plaza Jeddah","Padel Living Residences","Trump International Hotel & Tower Dubai","The Astera, Interiors by Aston Martin","Neptune, Interiors by Mouawad"],"companies":[{"name":"Dar Global","ticker":"DARD","relationship":"filer"},{"name":"The Trump Organization","relationship":"partner"},{"name":"Compass and Bin Omairah Company","relationship":"contractor"},{"name":"Gulf Asia Contracting","relationship":"contractor"}],"dollarAmounts":[{"amount":"US$258.0 million","context":"HY 2026 revenue"},{"amount":"US$87.7 million","context":"HY 2026 gross profit"},{"amount":"US$46.3 million","context":"HY 2026 EBITDA"},{"amount":"US$30.4 million","context":"HY 2026 net profit"},{"amount":"US$23.0 billion","context":"portfolio gross development value"},{"amount":"US$3.9 billion","context":"cumulative contracted sales"},{"amount":"US$613.3 million","context":"net asset value"},{"amount":"US$847.9 million","context":"total cash balances"},{"amount":"US$250 million","context":"syndicated term loan facility"},{"amount":"~US$90 million","context":"infrastructure contract award"},{"amount":"US$383.6 million","context":"Trump Plaza Jeddah GDV"},{"amount":"US$142 million","context":"Padel Living Residences GDV"}]},"materialImpact":{"score":4,"reasoning":"Strong interim results: 66% revenue growth, net profit up 149%, GDV nearly doubling to $23B, plus a $250M credit facility. Material beat on all headline metrics for a mid-cap developer."},"tickerRelevance":{"others":[],"primary":"DARD"},"globalImportance":35,"audienceRelevance":30,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small/mid-cap foreign-listed","eventGravity":"strong interim results with 149% net profit growth","issuerAuthored":true,"retailFavoriteBoost":"Trump Organization brand association"}},"event_type":"earnings","event_type_secondary":null,"sentiment":"bullish","material_impact_score":4,"narrative":"Dar Global reported HY 2026 revenue of US$258.0 million, up 66% year-over-year, with net profit surging 149% to US$30.4 million.\n\nPortfolio gross development value nearly doubled to US$23.0 billion, with cumulative contracted sales of US$3.9 billion across 4,380 units, and gross margin expanded to 34% from 31%.\n\nThe balance sheet remains robust with US$847.9 million of cash and a US$250 million syndicated term loan closed in April, while the Trump Organization partnerships (Rayana, Trump Plaza Jeddah, Trump Tower Dubai) anchor the growth pipeline.","key_figures":{"revenue":258000000,"revenueYoy":"66%","customDimensions":{"gdv":23000000000,"ebitda":46300000,"free_cash":231600000,"net_profit":30400000,"total_cash":847900000,"gross_margin":"34%","gross_profit":87700000,"net_asset_value":613300000,"available_liquidity":579300000,"cumulative_contracted_sales":3900000000}},"named_entities":{"people":[{"name":"Ziad El Chaar","role":"Chief Executive"}],"products":["Rayana","Trump Plaza Jeddah","Padel Living Residences","Trump International Hotel & Tower Dubai","The Astera, Interiors by Aston Martin","Neptune, Interiors by Mouawad"],"companies":[{"name":"Dar Global","ticker":"DARD","relationship":"filer"},{"name":"The Trump Organization","relationship":"partner"},{"name":"Compass and Bin Omairah Company","relationship":"contractor"},{"name":"Gulf Asia Contracting","relationship":"contractor"}],"dollarAmounts":[{"amount":"US$258.0 million","context":"HY 2026 revenue"},{"amount":"US$87.7 million","context":"HY 2026 gross profit"},{"amount":"US$46.3 million","context":"HY 2026 EBITDA"},{"amount":"US$30.4 million","context":"HY 2026 net profit"},{"amount":"US$23.0 billion","context":"portfolio gross development value"},{"amount":"US$3.9 billion","context":"cumulative contracted sales"},{"amount":"US$613.3 million","context":"net asset value"},{"amount":"US$847.9 million","context":"total cash balances"},{"amount":"US$250 million","context":"syndicated term loan facility"},{"amount":"~US$90 million","context":"infrastructure contract award"},{"amount":"US$383.6 million","context":"Trump Plaza Jeddah GDV"},{"amount":"US$142 million","context":"Padel Living Residences GDV"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-30T11:12:05.076Z","global_importance":35,"audience_relevance":30,"importance_components":{"tickerTier":"small/mid-cap foreign-listed","eventGravity":"strong interim results with 149% net profit growth","issuerAuthored":true,"retailFavoriteBoost":"Trump Organization brand association"}},"durationMs":6782,"modelName":"glm-5.3-flashx"}}