Latest news with #SADAFCO
Arab News
a day ago
- Business
- Arab News
SADAFCO reports net profit of $209m for Q2 2025
Saudia Dairy and Foodstuff Company, a leading producer of UHT milk, tomato paste, and ice cream in Saudi Arabia, has announced its financial results for the second quarter of 2025, from April 1 to June 30. SADAFCO recorded SR785.4 million ($209.3 million) in sales during Q2 2025, marking a growth of 8.75 percent compared to the same period last year. The net profit for the quarter stood at SR117.7 million, diluted by raw material cost increases and other inflationary pressures. Commenting on the results, Patrick Stillhart, CEO of SADAFCO, said: 'Our second quarter showed steady revenue growth across our core categories and markets. We maintained our strong market shares — 57.4 percent in UHT milk, 53.6 percent in tomato paste, and 30.4 percent in ice cream — and achieved strong performance in export, out of home, and e-commerce channels.' SADAFCO launched 16 new products during the quarter and continued investing in brand-building while managing costs effectively. Despite inflation and higher input costs, the company delivered a healthy net margin of 15 percent. The H1 2025 revenue reached SR1.56 billion, an increase of 8.6 percent year on year. The net profit for the six-month period was SR243.8 million. SADAFCO's financial position remains solid with shareholders' equity of SR1.773 billion and a cash balance of SR672.4 million. Stillhart added: 'We remain focused on disciplined growth, strategic innovation, and long-term value creation. With a robust balance sheet and expanding product portfolio, SADAFCO is well-positioned to navigate market conditions and deliver sustainable results.' Based in Jeddah, SADAFCO operates sales and distribution depots in 24 locations across the Kingdom, Bahrain, Jordan, Qatar, and Kuwait.
Zawya
4 days ago
- Business
- Zawya
Saudia Dairy & Foodstuff Company reports net profit of SAR 117.7mln for Q2 2025
Jeddah, Saudi Arabia Saudia Dairy & Foodstuff Company (SADAFCO), the Kingdom's leading producer of UHT milk, tomato paste, and ice cream, announced its financial results for the six-month period ending 30 June 2025. SADAFCO recorded SAR 785.4 million in sales during Q2 2025, marking a growth of 8.75% compared to the same period last year. Net profit for the quarter stood at SAR 117.7 million, diluted by raw material cost increases and other inflationary pressures. Commenting on the results, Patrick Stillhart, CEO of SADAFCO, said: 'Our second quarter showed steady revenue growth across our core categories and markets. We maintained our strong market shares — 57.4% in UHT milk, 53.6% in tomato paste, and 30.4% in ice cream — and achieved strong performance in export, out of home, and e-commerce channels.' SADAFCO launched 16 new products during the quarter and continued investing in brand-building while managing costs effectively. Despite inflation and higher input costs, the company delivered a healthy net margin of 15%. First half 2025 revenue reached SAR 1.56 billion, an increase of 8.6% year-on-year. Net profit for the six-month period was SAR 243.8 million. SADAFCO's financial position remains solid with shareholders' equity of SAR 1.773 billion and a cash balance of SAR 672.4 million. Stillhart concluded: 'We remain focused on disciplined growth, strategic innovation, and long-term value creation. With a robust balance sheet and expanding product portfolio, SADAFCO is well-positioned to navigate market conditions and deliver sustainable results.' About Saudia Dairy & Foodstuff Company (SADAFCO) SADAFCO is a publicly-listed company that has been producing high-quality dairy and foodstuff products under the Saudia brand name since 1976, a year after the company was formed. Saudia enjoys being one of the market leaders in the Kingdom of Saudi Arabia in the production of tomato paste, ice cream, and milk. Based in Jeddah, SADAFCO operates sales and distribution depots in 24 locations across the Kingdom of Saudi Arabia, Bahrain, Jordan, Qatar, and Kuwait. Saudia products are also exported to several countries in the MENA region. For more information about SADAFCO, please visit
Zawya
09-07-2025
- Business
- Zawya
SADAFCO publishes 2024 sustainability report, "Empowering Sustainable Change for a Healthier Future"
Jeddah, Saudi Arabia – Saudia Dairy & Foodstuff Company (SADAFCO) has officially released its 2024 Sustainability Report, reaffirming its long-term commitment to environmental, social, and governance (ESG) principles. Themed 'Empowering Sustainable Change for a Healthier Future,' the report highlights how SADAFCO is delivering on ambitious sustainability goals in line with Saudi Vision 2030. 'Sustainability is not a side initiative — it's the core of how we lead and grow at SADAFCO,' said Patrick Stillhart, CEO of SADAFCO. 'In 2024, we delivered real results: saving 113 million liters of water in factories, established clean energy tests for EV's and hydrogen-powered truck pilots, accelerating developments for additional solar sites from the current 3 solar rooftop plants, and introducing 9 healthier products using natural ingredients. These milestones reflect our belief that sustainable progress creates long-term value for our business, our communities, and the Kingdom.' In line with the Kingdom of Saudi Arabia's Vision and its commitment to sustainability, SADAFCO is also advancing its clean energy transition through a renewable energy Power Purchase Agreement (PPA) under Scope 2. This strategic move supports national climate goals by offsetting the companies carbon footprint and accelerates the company's shift toward a more sustainable and resilient energy mix for the future. Key Highlights from the 2024 Sustainability Report: Environmental Action Guided by KSA's Net Zero emissions by 2060 ambitions, SADAFCO has adopted a three-pillar Climate Strategy for 2035; Transportation Decarbonization, Renewable Energy, and Water Management With 90% of SADAFCO's logistics fleet to powered by clean energy, non-ICE (Non-Internal Combustion Engines) by 2035. SADAFCO will continue to test alternative non-ICE vehicles up to the end of 2027, before replacing ICE engines on a larger scale. Hydrogen-powered truck pilot for long haul distribution to be launched with HyperView in 2025. More than 800 tons of CO₂e saved through Maersk's ECO Delivery ocean freight initiative SADAFCO aims to increase clean energy usage to represent 20% of total energy consumed across all factories and depots by 2035 Three solar power plants currently in operation, with seven additional sites planned for 2025 SADAFCO targets saving an equivalent of 6 billion liters of potable water by 2035 across all factories, building on its baseline water optimization journey launched at its UHT milk facility A 28.37% reduction in Water Conversion Ratio in UHT factory over the past three years Social Responsibility An investment of SAR 1.5 million in developing playgrounds and a park in MODON, Jeddah. As part of its commitment to environmental sustainability, SADAFCO contributed to the "Green MODON" initiative by planting over 120,000 trees, aiming to reach 200,000 trees by the end of 2025. More than 1,000 volunteer hours completed by SADAFCO employees across the Kingdom. Reaching 1.45 million students through school-based nutrition awareness programs. Launching an internship program to support youth empowerment, in alignment with the "Quality of Life" goals of Vision 2030. Strengthening the partnership with the Social Responsibility Association and supporting its initiatives in 2024. Continuing support for the Distinguished Initiatives Association (Future Industrialists) for the second consecutive year to empower Saudi youth professionally and industrially. Governance and Transparency Three-tier ESG governance model with Board-level oversight and a Sustainability Steering Committee Ranked among the top 20 non-financial companies in Tadawul's Corporate Governance Index No instances of non-compliance or penalties recorded from the Capital Market Authority in 2024. 'Sustainability is not just an aspiration; it is the cornerstone of our evolution,' states Patrick Stillhart, CEO of SADAFCO. 'We are proud of our progress and remain committed to driving sustainable change across our operations and value chain.' The SADAFCO 2024 Sustainability Report provides a comprehensive overview of the company's sustainability performance, initiatives, and future goals. About Saudia Dairy & Foodstuff Company (SADAFCO): SADAFCO is a publicly listed company which has been producing high-quality dairy and foodstuff products under the Saudia brand name since 1976, a year after the company was formed. Saudia enjoys being one of the market leaders in the Kingdom of Saudi Arabia in the production of milk, tomato paste and ice cream. Based in Jeddah, SADAFCO operates sales and distribution depots in 24 locations across the Kingdom of Saudi Arabia and Middle East. Saudia products are also exported to several countries in the MENA region.
Arab News
13-05-2025
- Business
- Arab News
SADAFCO showcases products, growth at Saudi Food Show
Saudia Dairy and Foodstuff Company, known as SADAFCO, a leading manufacturer and distributor of high-quality dairy and food products, is participating in Saudi Food Show 2025, held from May 12–14 at the Riyadh Front Exhibition and Conference Center. SADAFCO is welcoming visitors at Booth #C4-2, where it is showcasing key products, aiming to connect with clients, partners, and industry leaders in the Kingdom's premier F&B trade environment. 'Saudi Arabia's food landscape is moving fast — and so are we,' said Patrick Stillhart, CEO of SADAFCO. 'Our goal is not only to deliver trusted products, but to play a central role in shaping the future of food in the Kingdom. Events like the Saudi Food Show allow us to listen, lead, and grow alongside our partners.' In line with Vision 2030, SADAFCO continues to strengthen its local presence and future-ready operations. Key recent developments include: • On top of the SR130 million ($34.6 million) investment in the new ice cream factory, which opened in 2021, SADAFCO has now invested another SR20 million to expand capacity and product variety. • A strategic digital transformation partnership with SAP and NTT DATA to modernize operations and enhance efficiency. • A long-term sustainability roadmap, including a zero-carbon fleet transition by 2045 and net-zero ambition for the company by 2060. Based in Jeddah, SADAFCO operates sales and distribution depots in 24 locations across the Kingdom and Middle East.
Zawya
12-05-2025
- Business
- Zawya
SADAFCO participation in Saudi Food Show 2025 in Riyadh
Riyadh, Saudi Arabia – Saudia Dairy & Foodstuff Company (SADAFCO), a leading manufacturer and distributor of high-quality dairy and food products, is participating in the Saudi Food Show 2025, held from May 12–14 at the Riyadh Front Exhibition & Conference Centre. SADAFCO will welcome visitors at Booth [#C4-2], where it will showcase key products and connect with clients, partners, and industry leaders in the Kingdom's premier F&B trade environment. 'Saudi Arabia's food landscape is moving fast — and so are we,' said Patrick Stillhart, CEO of SADAFCO. 'Our goal is not only to deliver trusted products, but to play a central role in shaping the future of food in the Kingdom. Events like the Saudi Food Show allow us to listen, lead, and grow alongside our partners.' In line with Vision 2030, SADAFCO continues to strengthen its local presence and future-ready operations. Key recent developments include: On top of the SAR 130 million investment in the new ice cream factory, which opened in 2021, we have now invested another SAR 20 million to expand capacity and product variety. A strategic digital transformation partnership with SAP and NTT DATA to modernize operations and enhance efficiency. A long-term sustainability roadmap, including a zero-carbon fleet transition by 2045 and Net Zero ambition for the total company by 2060. About Saudia Dairy & Foodstuff Company (SADAFCO) SADAFCO is a publicly listed company which has been producing high-quality dairy and foodstuff products under the Saudia brand name since 1976, a year after the company was formed. Saudia is one of Saudi Arabia's leading companies in the production of milk, tomato paste and ice cream. Based in Jeddah, SADAFCO operates sales and distribution depots in 24 locations across the Kingdom of Saudi Arabia and Middle East. Saudia products are also exported to several countries in the MENA region.
