2015: Persistently high margins
In 2015 revenues grew by 9.4% to SAR13.795bn compared to the year before. At the product segment level, dairy & juice revenues grew at only 8.5% yoy to SAR10.741bn, primarily due to decline in cheese & butter sales. Revenues for poultry and baked goods grew at a healthy 23.4% to SAR1.262bn and 6.1% to SAR1.626bn, respectively. Sales in the GCC region (excluding KSA) jumped 9.4% yoy to SAR8.861bn, while sales in the KSA grew 8.1% yoy to SAR3.591bn.
AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.