Savola Group

Holding Companies & Conglomerates · Saudi Arabia · 10K+ Employees

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Overview

Headquarters

Savola Tower the Headquarter Business Pa...

Phone Number

+966 122687755

Revenue

$6.9 Billion

Stock Symbol

2050

Industry

Holding Companies & Conglomerates Retail Manufacturing Grocery Retail Food & Beverage
ZI Rank: 21
Signal Type
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Aug
ZI Rank
15
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21

About Savola Group

Savola Group is a strategic investment holding group for the food and retail sectors in the Middle East, North Africa, and Turkey region. Through its subsidiaries, it manufactures, markets, and distributes food products. It offers edible & vegetable oils, fats, pasta, sugar, seafood, confectionery, and bakery and dairy products, as well as fast foods. The company was founded in 1979 and is headquartered in Jeddah, Saudi Arabia.Explore more
Savola Group's Social MediaPopular SearchesSavola GroupSavolaSavola Group CoThe Savola GroupSavola Computer IncSIC Code 67,671NAICS Code 55,551Ticker TADAWUL: 2050Show more

Savola Group Org Chart

AM
Saudi Arabia flag for contact location.

Chief Executive Officer & Officer

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NF
Saudi Arabia flag for contact location.

Chief Financial Officer

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HS
Saudi Arabia flag for contact location.

Chief Marketing Officer

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WK
Saudi Arabia flag for contact location.

Group Chief Financial Officer

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BT
Saudi Arabia flag for contact location.

President

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MN
Saudi Arabia flag for contact location.

Chief Investment Officer

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VT
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Financial Controller

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TE
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Senior Accountant and Budget Controller

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AR
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Financial Controller & Senior Manager

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Company Profile Activity

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Activity Insights

Savola Group is experiencing low activity levels compared to other companies in the Holding Companies & Conglomerates sector.

What does this means?

Savola Group is drawing exceptional interest within the Holding Companies & Conglomerates industry, suggesting notable developments or strong market momentum, learn more about Savola Group.

Savola Group Tech Stack

A closer look at the technologies used by Savola Group

Most Recent Scoops

Earnings
Savola Group has reported that the most significant cost pressure in H1 2026 stems from the direct and indirect costs of operating in a conflict-affected environment, including elevated shipping and logistics expenses, rather than commodity price movements, with the company focused on operating leverage enhancements and cost management to avoid raising B2C prices.
Logistics / Supply Chain, Finance, Financial Operations, Pricing
Earnings
Savola Group has reported that its food processing segment delivered recurring operational net income of SAR 419 million in H1 2026, compared to SAR 329 million in the same period last year, remaining the group's primary earnings driver.
Earnings, Food & Beverage, Finance
Earnings
Savola Group has reported that regional conflict in Q2 2026 elevated operational costs including shipping, war risk insurance, holding costs, and financing costs due to increased inventory levels, as the group built additional stock to ensure supply chain continuity, while year-on-year comparisons for both Q1 and Q2 2026 versus the prior year reflect positive trends.
Logistics / Supply Chain, Business Finance, Finance, Financing & Debt, Risk
Earnings
Savola Group has reported that key margin pressures in H1 2026 include reduced supplier marketing support due to conflict-related cost pressures, an elevated promotional mix persisting post-Ramadan, and a competitive retail environment, with the company targeting a longer-term net income margin of 2% through multiple ongoing initiatives.
Earnings, Financial Planning, Finance, Financial Operations, Financial Strategy
Earnings
Earnings, Finance, Financial Operations
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Savola Group News & Media

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Frequently Asked Questions Regarding Savola Group

What is Savola Group's stock symbol?
Savola Group's stock symbol is 2050
What is Savola Group's official website?
Savola Group's official website is www.savola.com
What is Savola Group's Revenue?
Savola Group's revenue is $6.9 Billion
What is Savola Group's SIC code?
Savola Group's SIC: 67,671
What is Savola Group's NAICS code?
Savola Group's NAICS: 55,551
How many employees does Savola Group have?
Savola Group has 10K+ employees
What industry does Savola Group belong to?
Savola Group is in the industry of: Holding Companies & Conglomerates, Retail, Manufacturing
What technology does Savola Group use?
Some of the popular technologies that Savola Group uses are: Freshservice, Zingfit, PHP, Deltek Talent Management
Who is the CFO of Savola Group?
Savola Group's CFO is Nouman Farrukh
How do I contact Savola Group?
Savola Group contact info: Phone number: +966 122687755 Website: www.savola.com
What does Savola Group do?

Savola Group is a strategic investment holding group for the food and retail sectors in the Middle East, North Africa, and Turkey region. Through its subsidiaries, it manufactures, markets, and distributes food products. It offers edible & vegetable oils, fats, pasta, sugar, seafood, confectionery, and bakery and dairy products, as well as fast foo... ds. The company was founded in 1979 and is headquartered in Jeddah, Saudi Arabia.Read More

What are Savola Group social media links?
Savola Group Linkedin page Savola Group Twitter page Savola Group Facebook page
Is Savola Group a public company?
Yes, Savola Group is a public company and is traded under the symbol 2050
See more information about Savola Group

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