Savola Group Company (TADAWUL: 2050)
Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
24.26
-0.32 (-1.30%)
Nov 21, 2024, 3:19 PM AST

Savola Group Company Company Description

Savola Group Company, together with its subsidiaries, produces, markets, and distributes food products.

The company operates through five segments: Food Processing, Retail, Food Services, Frozen Food, and Investments.

It offers edible oils, vegetable oils, sugar and sweeteners, pasta, snacks, bakery products, specialty fats, seafood, confectionery, dairy products, fast foods, and frozen food products, as well as sugar, spices, nuts, and pulses.

The company also engages in the agro cultivation, services and maintenance, retail, trading and distribution, restaurant, renewable energy, e-commerce, and real estate activities, as well as investments in equity-accounted investees and other investments activities.

In addition, it retails grocery products through a network of hyper markets, supermarkets, and convenience stores.

Savola Group Company was founded in 1978 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.

Savola Group Company
Country Saudi Arabia
Founded 1978
Industry Packaged Foods
Sector Consumer Staples
Employees 17,500
CEO Waleed bin Khalid Yaseen Fatani

Contact Details

Address:
Savola Tower
Jeddah, 23511-7333
Saudi Arabia
Phone 966 1 2268 7755
Website savola.com

Stock Details

Ticker Symbol 2050
Exchange Saudi Stock Exchange
Fiscal Year January - December
Reporting Currency SAR
ISIN Number SA0007879162
SIC Code 2070

Key Executives

Name Position
Waleed bin Khalid Yaseen Fatani Chief Executive Officer
Wajid Khan Chief Financial Officer