Savola Group Delivers Revenue Growth and Higher Adjusted Profit in Nine months ended September 2025

Logo of Savola Group

Savola Group – the leading strategic investment holding group in the food and retail sectors across the MENA region, today announced its interim financial results for the Nine months ended 30 September 2025, highlighting revenue growth and a significant improvement in normalized net profit.

The Group reported revenues of SAR 20.3 billion for the Nine months ended 30 September 2025, up from SAR 17.9 billion in the same period last year, driven by:

- A 6.3% increase in Retail segment revenues, supported by an expanded store footprint, and the continued positive impact of the Customer Experience Revival (CXR) program at Panda Retail Company.
 

- Higher Food Processing revenues from increased edible oil volumes and prices, and the consolidation of United Sugar Company of Egypt.
 

- Growth in Frozen Foods revenues.

For Q3 2025, Savola’s Revenues reached SAR 6.6 billion, compared to SAR 5.6 billion in Q3 2024.

Adjusted Net Profit Rises Sharply

The Group posted a Net Profit of SAR 680.4 million for the Nine months ended September 30, 2025. On an adjusted basis – excluding last year’s one-off contributions from discontinued operations and share of profit from Almarai, and excluding the impact of other one-offs during the two comparable periods – the adjusted Net Income of SAR 358.4 million for Nine months ended September 2025 representing a SAR 126.9 million increase from the adjusted SAR 231.5 million in Nine months ended 30 September 2024.

Normalized profit growth was supported by:

- Improved performance in Food Processing segment.

- Better results from associates (excluding Almarai and United Sugar Company Egypt).

- Higher other operating income from reversal of accruals no longer required.

- Lower finance costs, zakat, and income tax expenses.

Q3 2025 Highlights

- Revenue: SAR 6.6 billion (+17.9% vs. Q3 2024)
 

- Adjusted Net Profit: SAR 115.1 million vs. Adjusted Net Profit of SAR 66.9 million in Q3 2024

- Growth across core segments and improved profitability

Savola Group’s transformative transactions in 2024 – including a rights issue, capital reduction, debt repayment, and the distribution of its Almarai stake – have positioned the Group for stronger, more sustainable earnings going forward.

For more information please

For more information, please refer to the Tadawul announcement through the link below.

Announcement Details: Savola Group announces its Interim Financial Results for the Period Ended on 30/09/2025 (nine Months)

Shorten link:

https://shorturl.at/gcVrD

About Savola Group

Founded in 1979, Savola Group is a publicly listed company and a leading strategic investment holding company focused on the food and retail sectors across the MENA region (Middle East, and North Africa). Its core platform, Savola Foods, produces and exports a wide range of food products including edible oils (such as Afia & Shams, and Alarabi brands), sugar (Alosra sugar), pasta (Almaleka and Italiano brands), Bayara and Afia nuts, spices, snacking and multiple ghee brands to more than 50 countries. The Group also owns Panda Retail Company, one of the largest grocery chains in Saudi Arabia, and holds strategic stakes in companies such as Herfy Food Service and Alkabeer Frozen Food.