Savola Group Company

Saudi Stock Exchange:2050.SR

Market Cap

USD 2.20 B

Share Price

USD 7.36

Avg Daily Volume

1,042,322

Change (1 day)

-0.36%

Change (1 year)

6.17%

Change (YTD)

-24.59%

Savola Group Company Operating Income for the year ending December 31, 2024: USD 386.89 M

Savola Group Company Operating Income is USD 386.89 M for the year ending December 31, 2024, a -37.68% change year over year. Operating income is the profit earned by a company from its normal business operations before interest and taxes are deducted.
  • Savola Group Company Operating Income for the year ending December 31, 2023 was USD 620.77 M, a 37.32% change year over year.
  • Savola Group Company Operating Income for the year ending December 31, 2022 was USD 452.08 M, a 18.90% change year over year.
  • Savola Group Company Operating Income for the year ending December 31, 2021 was USD 380.21 M, a -13.98% change year over year.
  • Savola Group Company Operating Income for the year ending December 31, 2020 was USD 442.01 M, a 26.87% change year over year.
Key data
Date Operating Income EBIT EBITDA Net Income
Market news
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Saudi Stock Exchange: 2050.SR

Savola Group Company

CEO Mr. Waleed bin Khalid Yaseen Fatani
IPO Date March 3, 2010
Location Saudi Arabia
Headquarters Savola Tower
Employees 15,299
Sector 🛒 Consumer Staples
Industries
Description

Savola Group Company, together with its subsidiaries, produces, markets, and distributes food products. It offers edible oils, vegetable ghee, sugar, pasta, bakery products, specialty fats, seafood, confectionery, and frozen food products, as well as snacks, cooking ingredients, and pulses. The company also engages in the agro cultivation, services and maintenance, trading and distribution, restaurant, real estate development, e-commerce, and fund and investment management activities. In addition, it retails grocery products through a chain of hypermarkets and supermarkets. Savola Group Company was founded in 1979 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.

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