Savola Group Company SJSC operates within the Edible fats and oils sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Savola Group Company SJSC with three other
edible oil producers in Middle East:
Universal Modern Industries
sales of 12.96 million Jordanian Dinars [US$18.27 million]
Misr Oils and Soap Co SAE
(1.50 billion Egyptian Pounds [US$95.11 million]
Extracted Oils and Derivatives Co
based in EGYPT
(2.36 billion Egyptian Pounds [US$149.67 million]
During the year ended December of 2019, sales at
Savola Group Company SJSC were 22.24 billion Saudi Arabian Riyals (US$5.92 billion).
a very small
increase of 2.0%
versus 2018, when the company's sales were 21.81 billion Saudi Arabian Riyals.
Despite this increase, sales are still
below the level achieved in 2017, when Savola Group Company SJSC
reported sales of 23.83 billion Saudi Arabian Riyals.
Sales of Frozen Food saw an increase
that was more than double the company's growth rate: sales were up
554.8% in 2019, from
89.55 million Saudi Arabian Riyals to 586.36 million Saudi Arabian Riyals.
Savola Group Company SJSC also saw significant increases in sales in
Retail (up 3.4% to 11.49 billion Saudi Arabian Riyals)
Food Services (up 5.0% to 1.26 billion Saudi Arabian Riyals)
Not all segments of Savola Group Company SJSC experienced an increase in sales in 2019:
sales of Food Processing fell 5.4% to 8.90 billion Saudi Arabian Riyals.