Savola Group’s food investments portfolio demonstrated a resilient performance in 2024. Savola Foods Company delivered strong, widespread growth across Arabia and Egypt. The distribution of Almarai entire shares added substantial value for shareholders, while Al Kabeer saw significant gains, fueled by solid performance in its key markets of Saudi Arabia and the UAE.
Savola Foods Company
Building momentum. Shaping the future of food.
SFC has successfully navigated a transformative five-year journey, reinforcing its core business, expanding into high-growth categories, and optimizing its market presence. With a strong foundation in place, it is now accelerating growth, embracing innovation, and driving operational excellence. As the company enters its next strategic cycle, it remains focused on resilience, agility, and long-term value creation, positioning it to lead the future of food.
Revenue
%11.9b
Successfully delivered on most of its objectives from it's five-year strategy
Almarai
In 2024, Almarai continued setting the benchmark for excellence and innovation across its diverse product portfolio. With record revenue growth in 2024 and robust operational performance, Almarai’s success underscores its commitment to meeting evolving consumer needs, delivering sustained value to shareholders.
Net Profit
$ 2.313b
Unlocking value for Savola shareholders through notable revenue growth and exposure to Almarai’s rising potential.
Al Kabeer Group
Driven by a jump in volume growth and better pricing strategies, Al Kabeer’s revenue rose by 6% in 2024. The year also witnessed a range of new product innovations and promotional initiatives, including strengthening the brand refresh, and new packaging, and product launches
Revenue
$ 760m
Gross Profit
$ 265m
Net Income
$ 66m
Revenue
6%
Robust and efficient distribution network
+30 cold stores
11 distribution centers
