Almarai operates in a dynamic and resilient market segment, and fully understands the requirement to maintain customer loyalty while producing high quality products manufactured from world-class raw materials.
Market Leadership
- Almarai occupies the top spot in almost all market segments in which it operates
- Today, Almarai is still Number 1 ESG company on Tadawul, as ranked by ESG Invest
Stable top and bottom-line growth
- Revenue growth for 2023 was 5% led by Dairy and Poultry categories
- Net income increased by 16% in 2023 to reach SAR 2,049 million, compared to SAR 1,760 million in the previous year
- Planned expansion of Poultry category resulted in a higher CAPEX spend of SAR 2.5 billion, against last year’s spend of SAR 1.3 billion
Track record for delivering value to shareholders
- Dividend payment amounting to SAR 1.0 per share, totaling SAR 1 billion to be paid to shareholders for the 2023 year
- Share price has increased more than 3x since listing, reflecting the confidence of our shareholders in Almarai
Additional growth from bolt-on acquisitions
- Drive growth in core markets, notably Poultry while continuing to expand market share in GCC and Foodservice
- Multiple successful acquisitions in the last five years driving both top and bottom-line growth
