Q2 2015 results exeeded our expectations
The H1 2015 sales came in at SAR6.7bn, climbing 11.3% compared to H1 2014 (vs. 12.1% expected for the whole year), boosted by the growth in poultry sales by 35%, as well as an 11.8% increase in dairy & juice sales, despite a 2.7% contraction in bakery revenues. H1 2015 Sales in the GCC region (excluding KSA) jumped 12.2%, yoy, to SAR1.781bn. Sales in the KSA grew 10.5%, yoy, to SAR4.275bn.
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