At a
Glance
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A LEADER IN FOOD AND RETAIL

Savola is one of the leading strategic investment holding companies in the MENA (Middle East and North Africa) region, with a portfolio of leading brands in the food and retail sectors.

Since 1979, Savola has built a reputation for creating “Value Built on Values” through its diverse and expanding portfolio of investments in leading food and retail companies.

Investors across the Kingdom and around the world trust Savola for its strong performance, specialist market knowledge and commitment to sustainability impact through its standalone Savola World Foundation.

We operate a leading grocery store chain in Saudi Arabia, and produce much-loved everyday household products, including edible oil, sugar, pasta, bakery products and frozen foods, for our valued customers in over 50 countries worldwide.

FINANCIAL HIGHLIGHTS

Revenue
(SAR million)
13.7%
28,055
Net Profit
(SAR million)
234.68%
743
Gross Profit
(SAR million)
8.83%
4,874
Total Assets
(SAR million)
3.57%
29,565
Shareholders' Equity
(SAR million)
2.18%
8,255
Capital Expenditure
(SAR million)
78.91%
864
MAJOR/MANUFACTURING MARKETS
  • Saudi Arabia
  • Egypt
  • Algeria
  • Sudan
  • UAE
  • Others
EXPORT MARKETS
  • Angola
  • Bahrain
  • Burundi
  • Cameroon
  • Canada
  • Comoros
  • DRC
  • Djibouti
  • Eritrea
  • Ethiopia
  • France
  • Germany
  • Ghana
  • Japan
  • Jordan
  • Kazakhstan
  • Kenya
  • Kuwait
  • Lebanon
  • Libya
  • Madagascar
  • Malawi
  • Mali
  • Mauritania
  • Mauritius
  • Morocco
  • Mozambique
  • Netherlands
  • Oman
  • Pakistan
  • Palestine
  • Rwanda
  • Senegal
  • Somalia
  • South Africa
  • South Korea
  • South Sudan
  • Spain
  • Sudan
  • Sweden
  • Syria
  • Tanzania
  • Uganda
  • UK
  • USA
  • Uzbekistan
  • Yemen
  • Others

OUR FOOD
INVESTMENTS

Our food vertical is made up of a portfolio of investments in large, branded categories across the MENA region. Savola Foods is a leader in basic branded consumer packaged goods, which are produced in more than 6 countries and exported to over 50 markets. We are proud to say that many of our products are market leaders in their respective categories. Through our commitment to strategic growth, we continue to innovate in our markets, build on our range of established products and diversify into higher-value items.

Our long-term investments in the food sector also generate profits for our shareholders. Savola Group holds the largest stake (34.52%) in Almarai Company, the leading regional food manufacturer and distributor, as well as a majority stake (51%) in Al Kabeer Group of Companies, a leading regional frozen foods manufacturing and distribution company.

Food Investments
60%

OUR RETAIL
INVESTMENTS

Our retail vertical is headed by Panda Retail, a modern grocery chain in Saudi Arabia with a total of 187 stores (including 5 stores in Egypt), serving more than 90 million customers annually. Panda boasts a proud history, a leading market share and formidable geographic reach.

Our long-term investment in the retail sector consists of a 49% shareholding in Herfy Food Services Company. As such, we remain the largest shareholder in Herfy, one of the leading restaurant, industrial bakery and meat processing businesses in Saudi Arabia.

Retail Investments
40%
Revenue Contribution
Savola Ownership
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Savola Foods Company
100%
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Almarai
34.52%
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Al Kabeer
51%
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Panda Retail
98.87%
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Herfy
49%