CATRION Catering Holding Co, formerly, Saudi Airlines Catering Co (SACC) provides in-flight, retail and other catering services. It provides catering and support services such as laundry, security services, airline equipment, and accommodation to local and international airlines operating flights within and out of Saudi Arabia. The company also offers its services to non-airline customers including large corporations and businesses, educational institutions and companies with operations in remote areas of Saudi Arabia. SACC serves to a large number of pilgrims on their return flights, having performed the Hajj or Umrah rituals. The company also operates and manages business lounges and provides in-flight shopping services through its SkySales retail channel. It owns catering facilities in Jeddah, Cairo, Riyadh, Medina, Dammam and Riyadh in Saudi Arabia. SACC is headquartered in Jeddah, Saudi Arabia.
Headquarters
Saudi Arabia
Address
Almohammadya District (5), 9178, Po Box, Jeddah, 21413
Website
catrion.com
Telephone
966 1 26860011
Industry
Leisure and Arts
Ticker Symbol & Exchange
6004 (SAU)
Revenue (2022)
$485.4M
49.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
1729.2%
(2022 vs 2021)
Market Cap*
$2.7B
Net Profit Margin (2022)
XYZ
1,119.0%
(2022 vs 2021)
* As of and is in US$
CATRION Catering Holding Co premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| In Flight | SkySales |
| In- flight catering Lounges | Enjoy |
| Catering | Siwar |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In July, the company entered into a US$1.6 billion contract with Red Sea Global to provide catering and facilities management at hotels and resorts. |
| 2022 | Contracts/Agreements | In August, the company signed an agreement with Siwar Foods to work together on food solutions for different business segments. |
| 2021 | Contracts/Agreements | In September, the company signed a contract with Saudi Railways Company to provide food and beverage services. |
Competitor Comparison
| Key Parameters | CATRION Catering Holding Co | Abu Dhabi In-Flight Catering Co. LLC | Alpha Flight Services UAE (L.L.C.) | Emirates Flight Catering | LSG Sky Chefs Group |
|---|---|---|---|---|---|
| Headquarters | Saudi Arabia | United Arab Emirates | United Arab Emirates | United Arab Emirates | Germany |
| City | Jeddah | Abu Dhabi | Sharjah | Dubai | Neu-Isenburg |
| State/Province | - | Abu Dhabi | - | Dubai | Hessen |
| No. of Employees | - | 420 | - | 11,000 | 34,512 |
| Entity Type | Public | Private | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mohammed Abdulaziz Al Sarhan | Chairman | Executive Board | 2019 | - |
| Wajdy M. Al-Ghabban | Chief Executive Officer | Senior Management | - | - |
| Hesham Masoud | Chief Financial Officer | Senior Management | - | - |
| Tarek Tharwat | Chief - Audit Executive | Senior Management | - | - |
| Raed Ibrahim Almudaiheem | Vice Chairman | Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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