Savola Group Q1 2024 Earnings Presentation

Savola Group reported strong Q1 2024 financial results with gross profit of SAR 1.6bn, up 8% year-over-year, and EBITDA of SAR 1.1bn. The Group demonstrated resilient performance across its Savola Foods and Panda divisions, with improving margins and profitability. Net income reached SAR 349mn despite higher financial charges, while Panda continued its positive momentum with a turnaround to profitability.