With a more favourable environment, SAVOLA GROUP improves to Slightly Positive
SAVOLA GROUP (SA), a company active in the Food Products industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date March 11, 2022, the closing price was SAR 33.90 and its potential was estimated at SAR 36.94.Savola Group is a multinational food group based in the Kingdom of Saudi Arabia. Co. is engaged in the manufacturing and marketing of vegetable oils and to set up related industries, retail outlets, dairy products, snack foods, packing materials, exports and imports, commercial contracting, trade agencies and development of agricultural products. Co. maintains a wide portfolio of businesses including Edible Oils, Sugar, Noodles/Pasta, Retail and Plastics. Co. has activities in the Gulf and the Middle East Region, North African and Central Asian countries (MENACA). Co. exports its edible oils, margarine, sugar and plastic to more than 30 countries around the world.
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