DOLFINES Establishes a Subsidiary in the UAE to Strengthen Its Presence in the Gulf
DOLFINES announces the transformation of its branch in the United Arab Emirates into a subsidiary, registered under the name Dolfines Gulf Consultancy LLC. This restructuring is part of a strategy to strengthen and structure the group's international operational excellence consulting framework.
DOLFINES has transformed its Dolfines Abu Dhabi branch into a subsidiary, now registered in the United Arab Emirates under its new name, Dolfines Gulf Consultancy LLC. This development reflects the group's intention to provide its regional operations with a legal and commercial identity that meets the requirements of the Gulf market. The creation of the subsidiary will also allow the group to benefit from the network of tax treaties signed by the United Arab Emirates with the countries in which it operates. Dolfines Gulf Consultancy specializes in technical assistance, inspection, engineering consulting, and HSE services for energy sector operators in the MENA region.
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The subsidiary benefits from all the accreditations, certifications, and operational expertise of the DOLFINES group, as well as its network of institutional clients, including major operators in the region. This change in name does not alter the ongoing contractual commitments nor the local management team. The group specifies that, to date, it has not been impacted by the current geopolitical situation in the Middle East regarding its facilities and ongoing contracts. Should the situation persist, the group anticipates a temporary slowdown in activity in the Gulf. Meanwhile, DOLFINES is preparing for a significant increase in workload should activity in the region resume.
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Context
Period
Period: S1 2026
Key reported figures
Revenue: 2,4 millions d'euros
Quarterly revenue: 2,4 millions d'euros
Revenue growth: -44,1 %
Net income: -0,7 millions d'euros
Guidance from the release
« A court terme, nous prévoyons un second semestre nettement meilleur que le premier. » ; « Le troisième trimestre a confirmé cette tendance. »
Risks mentioned
Activité commerciale négativement impactée par le conflit au Moyen-Orient
Chiffre d'affaires en retrait de 43 % sur un an, -29 % à base comparable
Contexte géopolitique en recomposition affectant les zones d'activité
Opportunities identified
Carnet de commandes de 3 M€ au 30 juin, quasi-totalité facturable en 2026
2,54 M€ de nouvelles commandes signées depuis le début de l'année
Certification API-Q2 obtenue, plus haut niveau en gestion des risques pétroliers
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Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
