Company Savola Group Company

Equities

2050

SA0007879162

Food Processing

End-of-day quote Saudi Arabian S.E. 07:00:00 2024-03-27 pm EDT 5-day change 1st Jan Change
56.5 SAR +2.73% Intraday chart for Savola Group Company -1.05% +50.87%

Business Summary

Savola Group Company SJSC is engaged in food and retail sectors. It operates following segments: Food processing segment, which includes manufacturing, sale and distribution of Edible oils, Sugar, Pasta, Spices, Nuts, and Pulses, among others. Retail segment, which includes hyper markets and super market operations; Food services segment, which includes food products and fast food restaurants’ chain operated by Herfy; Frozen Food segment, which includes manufacturing, wholesale and retail distribution of frozen food products operated by Good Food Company; Investments segments, which includes real estate activities, investments in associates, fair value through profit or loss (FVTPL), Fair Value through Other Comprehensive Income (FVOCI) and other investments; and Others or Eliminations segment, which mainly include the eliminations. Its subsidiaries include Panda Retail Company, Good Food Company, and Al Matoun International for Real Estate Investment Holding Company, among other.

Number of employees: 17,500

Sales per Business

SAR in Million2021Weight2022Weight Delta
Food Processing
57.4 %
12,318 49.9 % 16,106 57.4 % +30.75%
Retail
36.0 %
10,474 42.5 % 10,109 36.0 % -3.48%
Food Services
4.3 %
1,282 5.2 % 1,213 4.3 % -5.37%
Frozen Food
2.2 %
595 2.4 % 626 2.2 % +5.35%

Sales per region

SAR in Million2021Weight2022Weight Delta
Global
100.0 %
24,669 100.0 % 28,055 100.0 % +13.72%

Managers

Managers TitleAgeSince
Chief Executive Officer - -
Director of Finance/CFO - 20-12-31
Chief Investment Officer - 15-06-30
Compliance Officer - 98-12-31
Investor Relations Contact - -
Comptroller/Controller/Auditor - -
Human Resources Officer - 16-02-29
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Chairman 69 10-06-30
Director/Board Member - 19-06-30
Director/Board Member 57 13-06-30
Director/Board Member 51 16-06-30
Director/Board Member - 22-06-30
Director/Board Member - 18-12-31
Director/Board Member - -
Director/Board Member - 22-06-30
Director/Board Member - 22-06-30
Director/Board Member - 22-06-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 533,981,000 352,139,110 ( 65.95 %) 0 65.95 %

Shareholders

NameEquities%Valuation
60,000,000 11.24 % 848 M ﷼
Abdulkadir Al Muhaidib & Sons Co.
8.234 %
43,966,110 8.234 % 621 M ﷼
43,892,500 8.220 % 620 M ﷼
Al Muhaidib Holding Co.
6.364 %
33,980,684 6.364 % 480 M ﷼
SNB Capital Co.
0.2505 %
1,337,650 0.2505 % 19 M ﷼
State Street Global Advisors Ltd.
0.1502 %
801,908 0.1502 % 11 M ﷼
Sjunde AP-fonden
0.1041 %
555,731 0.1041 % 8 M ﷼
TAIB Asset Management
0.0714 %
381,226 0.0714 % 5 M ﷼
Northern Trust Fund Managers (Ireland) Ltd.
0.0447 %
238,451 0.0447 % 3 M ﷼
Mercer Global Investments Europe Ltd.
0.0367 %
196,057 0.0367 % 3 M ﷼

Holdings

NameEquities%Valuation
345,220,000 34.52% 5,412,618,075 $
31,693,200 49.00% 309,300,911 $

Company contact information

Savola Group

Savola Tower Prince Faisal Bin Fahad Street

23511-7333, Jeddah

+

http://www.savola.com
address Savola Group Company(2050)

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
56.5 SAR
Average target price
44.91 SAR
Spread / Average Target
-20.52%
Consensus

Quarterly revenue - Rate of surprise