This presentation might contain forward-looking statements which may be identified by the use of words like "plans,"
"expects," "will," "anticipates," "believes," "intends," "projects," "estimates" or other words of similar meaning. All
statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, market position, expenditures, and financial results, are forward looking statements.
Forward-looking statements are based on certain assumptions and expectations of future events. The Savola Group (Savola or Group), its subsidiaries and its affiliates (the "Companies") referred to in this presentation cannot guarantee that these assumptions and expectations are accurate or will be realized. The actual results, performance or achievements of the Companies, could thus differ materially from those projected in any such forward-looking statements. The Companies assume no responsibility to publicly amend, modify or revise any forward looking statements, on the basis of any subsequent developments, information or events, or otherwise.
Information contained in this presentation is subject to change without further notice, its accuracy is not guaranteed, and it may not contain all material information concerning The Savola Group and its affiliates. We do not make any representation regarding, and assume no responsibility or liability for the accuracy or completeness of, or any errors or omissions in, to any information contained herein.
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Savola Group Key Highlights
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Savola Group - Highlights
Resilient performance in our Core Operations
Savola Foods continued its growth momentum in Q1 2023, mainly driven by its ability to successfully deploy pricing and product mix strategies to grow margins while maintaining market share
Panda reported a smaller loss compared to last year on the back of the CXR program. The CXR program has started to yield positive outcomes in terms of higher sales intensity in completed stores
Investing in the Future and Strengthen the Core
Panda completed 75 stores under the CXR program
Continued investment and expansion of Afia branded snacks, nuts, spices, and pulses in Saudi Arabia. Bayara UAE operation margins enhancement through better pricing and product mix
Innovating in our oil business through new offerings such as immunity boosting oil. Launched Savola Professional to serve B2B more proactively and become a solutions partner to this channel
Pruning of under performing assets: Morocco operations divested in Q1 2023
Profitability Enhancement
▪ Gross profit reached SAR 1.5 billion, higher by 17% YoY. The margin increased from 17.2% to 19.2% primarily due to improved margins in Savola Foods and Al Kabeer
▪ The Group recorded EBITDA of SAR 1.0 billion with a margin of 12.9%
▪ Net income reached SAR 393 million compared to SAR 271 million last year
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Savola Foods portfolio transformation Into a Power-House Brand
From
Destination
Oil Category
"GOOD FOR YOU" FOODS
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SAVOLA Group Company SJSC published this content on 17 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 May 2023 08:39:09 UTC.
Savola Group Company SJSC is engaged in food and retail sectors. It operates following segments: Food processing segment, which includes manufacturing, sale and distribution of Edible oils, Sugar, Pasta, Spices, Nuts, and Pulses, among others. Retail segment, which includes hyper markets and super market operations; Food services segment, which includes food products and fast food restaurantsâ chain operated by Herfy; Frozen Food segment, which includes manufacturing, wholesale and retail distribution of frozen food products operated by Good Food Company; Investments segments, which includes real estate activities, investments in associates, fair value through profit or loss (FVTPL), Fair Value through Other Comprehensive Income (FVOCI) and other investments; and Others or Eliminations segment, which mainly include the eliminations. Its subsidiaries include Panda Retail Company, Good Food Company, and Al Matoun International for Real Estate Investment Holding Company, among other.
SAVOLA GROUP COMPANY 
