Savola Group Co - Company Profile

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Savola Group Co: Overview

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Savola Group Co (Savola) is an investment holding group involved in food and retail business. It manufactures and sells vegetable ghee, edible oils, sugar, pasta seafood and fast foods and dairy products. Savola markets these products under Yudum, Shams, Sabah, Al Tayeb, Al Arabi, Rawabi, Italiano, Ganna, EL Maleka, Al Osra and Afia brands. It also offers grocery products through its hypermarkets, supermarkets and convenience stores under the Panda banner. The company undertakes real estate related investment operations. It operates manufacturing plants in Saudi Arabia, Egypt, Sudan, Morocoo, Iran, Iraq, Turkey and Algeria and export these products to various countries across Asia-Pacific, Europe the Middle East and Africa and North America regions. Savola is headquartered in Jeddah, Makkah, Saudi Arabia.

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Headquarters Saudi Arabia
Address 2444 Taha Khusaifan-Ashati, Unit No. 15, Savola Tower, Prince Faisal Bin Fahd Road, Jeddah, Makkah, 23511
Website www.savola.com
Telephone 966 1 22687755
No of Employees 17,891
Industry Consumer Packaged Goods
Ticker Symbol & Exchange 2050 (SAU)
Revenue (2022) $7.2B -4.4% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 21.1% (2022 vs 2021)
Market Cap* $7.5B
Net Profit Margin (2022) XYZ 26.4% (2022 vs 2021)
* As of and is in US$
View Savola Group Co financials
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Savola Group Co premium industry data and analytics

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Consumer Market Data Insights

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Online Price Intelligence

Monitor online prices for products from Savola Group Co with insights on price dynamics across product categories and countries.

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Product Launch Analytics

Analyze latest product launches for innovation and product strategies.

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ICT Spend & Tech Priorities

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Products and Services

Products Services Brands
Vegetable Oils Real Estate Investments Zaki
Ghee Retailing Shams
Edible Oils Food Services Sabah
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Plans/Strategy In February, the company announced its plans to distribute its stake in Almarai to certain shareholders, after the initiation of a SAR6 billion rights issue.
2023 Plans/Strategy In October, the company announced its plans to sell its 34.52% stake in Almarai Co.
2022 Contracts/Agreements In October, the company entered into a signature of a binding share sale agreement of its shares in Knowledge Economic City Company and Knowledge Economic City Developers Company Limited for an amount of SAR459.26 million.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Savola Group Co Almarai Co Abdullah Al-Othaim Markets Co Saudia Dairy and Foodstuff Co National Agriculture Development Co.
Headquarters Saudi Arabia Saudi Arabia Saudi Arabia Saudi Arabia Saudi Arabia
City Jeddah Riyadh Riyadh Jeddah Riyadh
State/Province Makkah - Ar Riyad - -
No. of Employees 17,891 40,213 5,097 - -
Entity Type Public Public Public Public Private
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Executives
Name Position Board Since Age
Waleed Khalid Fatani Chief Executive Officer Senior Management 2021 -
Wajid Usman Khan Chief Financial Officer Senior Management - -
Mohammad Nasr Chief Investment Officer Senior Management - -
Morhaf M. Alsamman Chief Human Resources and Corporate Services Officer Senior Management - -
Elnour Ali Saad Chief Corporate Governance- Compliance, Legal Affairs Officer; Secretary Senior Management 2022 -
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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