Almarai Company

2280

SA000A0ETHT1

Food Processing

Delayed Saudi Arabian S.E. Other stock markets 07:22:03 2024-06-03 EDT			5-day change	1st Jan Change
54.6 ^SAR	+0.55%		+3.81%	-2.33%

05-19	Almarai Co. Closes SAR182 Million Purchase of Etmam Logistics	MT
05-19	Almarai Company completed the acquisition of Etmam Logistics for SAR 180 million.	CI

Almarai Company completed the acquisition of Etmam Logistics for SAR 180 million.

May 18, 2024

Almarai Company (SASE:2280) agreed to acquire Etmam Logistics for SAR 180 million on December 5, 2023. The transaction is subject to regulatory approvals. The acquisition will be financed by Almarai internally generated cashflows.

Almarai Company (SASE:2280) completed the acquisition of Etmam Logistics on May 19, 2024.

Latest news about Almarai Company

Almarai Co. Closes SAR182 Million Purchase of Etmam Logistics	05-19	MT
Almarai Company completed the acquisition of Etmam Logistics for SAR 180 million.	05-18	CI
Transcript : Almarai Company, Q1 2024 Earnings Call, Apr 23, 2024	04-23
Almarai Company Reports Earnings Results for the First Quarter Ended March 31, 2024	04-21	CI
Saudi's Almarai Logs Higher Q1 Net Profit, Revenue	04-21	MT
Dairy firm Almarai to invest over $4.8 bln under five-year plan	03-18	RE
Almarai Approves a Strategic Plan for the Next Five Years, with Investment Spending Exceeding 18 Billion Riyals	03-18	CI
Almarai Company Proposes the Recommendation of Dividend for the Year Ending December 31, 2024	03-12	CI
Saudi Arabia's Almarai Redeems $500 Million Islamic Bonds	03-06	MT
Saudi Arabia's Savola to distribute 34.52% stake in dairy firm Almarai to shareholders	02-07	RE
Transcript : Almarai Company, Q4 2023 Earnings Call, Jan 23, 2024	01-23
Almarai Company Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	01-22	CI
Almarai Company agreed to acquire Etmam Logistics for SAR 180 million.	12-04	CI
Savola Reportedly Reviewing Sale of 35% Stake in Almarai	23-10-20	CI
Saudi Arabia's Savola hires Moelis & Co to advise on strategic options	23-10-17	RE
Almarai Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-07	CI
Transcript : Almarai Company, Q2 2023 Earnings Call, Jul 19, 2023	23-07-19
Almarai Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-07-14	CI
Almarai Company Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-14	CI
Almarai Company Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-14	CI
Almarai Company Reports Earnings Results for the Full Year Ended December 31, 2022	23-01-22	CI
Almarai Company Recommends to the General Assembly Payment of Dividend for the Financial Year 2022	22-12-19	CI
Almarai Company Reports Earnings Results for the Third Quarter Ended September 30, 2022	22-10-09	CI
Almarai Company Announces Committee Changes	22-08-08	CI
Almarai Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-07-17	CI

Chart Almarai Company

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Company Profile

Almarai Co SJSC is a Saudi Arabia-based integrated consumer food and beverage group. The Group operates under the following segments: Dairy and Juice, Bakery, Poultry and Other Activities. The Dairy and Juice segment is operated under the Almarai, Beyti and Teeba brand names. The Bakery segment products are manufactured and traded by Western Bakeries Company Limited and Modern Food Industries Company Limited, a joint venture with Chipita, under the brand names Lâusine and 7 Days respectively. The Poultry segment products are manufactured and traded by Hail Agricultural Development Company under the Alyoum brand name. The Other Activities segment includes Arable, Horticulture and Infant Nutrition. Infant Nutrition products are manufactured by Almarai Baby Food Company Limited and traded by International Pediatric Nutrition Company under Nuralac and Evolac brands.

Sector

Food Processing

Calendar

2024-07-14 - Q2 2024 Earnings Release (Projected)

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Ratings for Almarai Company

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

54.3 SAR

Average target price

64.7 SAR

Spread / Average Target

+19.15%

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Sector Other Food Processing

	1st Jan change	Capi.
ALMARAI COMPANY	-2.33%	14.48B
NESTLÉ S.A.	-1.55%	277B
MONDELEZ INTERNATIONAL, INC.	-5.38%	91.92B
KRAFT HEINZ	-4.35%	42.95B
DANONE	+1.02%	41.25B
THE HERSHEY COMPANY	+6.11%	40.01B
GENERAL MILLS, INC.	+5.54%	38.81B
ARCHER-DANIELS-MIDLAND COMPANY	-13.54%	30.87B
NESTLÉ INDIA LIMITED	-11.47%	27.21B
ASSOCIATED BRITISH FOODS PLC	+8.79%	24.19B

Other Food Processing

Almarai Company

Equities

2280

SA000A0ETHT1

Food Processing

Almarai Company completed the acquisition of Etmam Logistics for SAR 180 million.

Latest news about Almarai Company

Chart Almarai Company

Company Profile

Income Statement Evolution

Ratings for Almarai Company

Analysts' Consensus

EPS Revisions

Quarterly revenue - Rate of surprise

Sector Other Food Processing