Investing in Savola Stock
The Savola Stock stock price of Safola Food Products did not experience any significant fluctuations such as the rest of the stocks of other companies registered .on the Saudi stock market for trading, with the difference between the largest and smallest value recorded during this year overall not exceeding SAR 15.
In our article today we will learn about Savola and how to invest in Savola’s stock and its types.
Savola Company
|Savola Food Products Company was established in Saudi Arabia in 1979 as a leading strategic investment holding company in the food and retail sectors of the Middle East and North Africa region. Savola produces some food products. including sugar, pasta, oil, and margarine, and marketing its products in more than 50 different countries, and a large number of retail stores operate Savola’s retail sector under the brand “Panda” It is worth mentioning that Savola is now a target destination for many foreign investments after joining the key Saudi companies in the Emerging Markets Index (MSCI) in 2019, which is in line with the Kingdom’s Vision 2030 that encouraged foreign investment attraction The company also issued instruments worth 1 billion Saudi riyals, It has witnessed a high turnout of investment institutions as a result of its conviction of the company’s successful future.
On the other hand, Savola Food Products is.proud to adopt it as the best working environment, and the bulk of its success is due to its task forces and committed human resources in places of responsibility and decision.
Investing in Savola Stock
Savola Food Products continues to be keen to invest in the main sectors of its business (foodstuffs and retail products) within the Middle East and North Africa region, under the following rules:
1. Investing in the food sector
Savola’s food products include investment in .processes and products that own well-known brands in the Middle East and North Africa region. It is the leading consumer packaged goods company distributed in more than 30 countries. The statistics also indicate. that the company makes a large proportion of its profits through strategic foreign investments in addition to being the largest shareholder in pastures Leading Food Manufacturer. and Distributor in the Middle East, With 34.52% of the company’s capital, it recently acquired a majority stake. in a large group of leading frozen food manufacturers and distributors.
2. Investment in the retail sector
Savola Food Products Retail is responsible for the Group’s investments in retail. The company’s revenues amounted to SAR 12 billion in 2019. Savola’s retail profits are currently limited to Bandah, the owner of a leading supermarket in Saudi Arabia. It provides services to citizens in more than 42 cities in the Kingdom.
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