* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, July 6, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Magicians and Battlebots light up Las Vegas entertainment scene – KSNV

    Magicians and Battlebots Take Las Vegas Entertainment by Storm

    Max-Matching Entertainments & Longhua District form partnership for new entertainment complex – Blooloop

    Max-Matching Entertainments and Longhua District Unite to Launch Thrilling New Entertainment Complex

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    MAY HER SOUL REST IN PEACE 🙏 Veteran entertainment columnist and talent manager Lolit Solis has passed away. She was 78 years old. https://tinyurl.com/6kumarkx | LatestChika.com – Facebook

    Beloved Entertainment Icon Lolit Solis Passes Away at 78 – A Life Remembered with Love and Respect 🙏

    Neil Young Plays Rare Full-Band ‘Ambulance Blues’ With The Chrome Hearts – Yahoo

    Neil Young Stuns Fans with Rare Full-Band Performance of ‘Ambulance Blues’ Alongside The Chrome Hearts

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    EIFO invests $5 million in D3, the Ukraine-focused defence technology venture fund – sUAS News

    EIFO Commits $5 Million to Boost Ukraine-Focused Defense Tech Fund D3

    New Technology for Water Efficiency and Working with Mexico on Screwworm – AG INFORMATION NETWORK OF THE WEST

    Revolutionary Water Efficiency Technology and Cross-Border Collaboration to Defeat Screwworm

    Environmental cognitive distance, R&D capability distance, and supply chain green technology innovation – Nature

    Bridging Gaps: How Environmental and R&D Differences Drive Green Technology Innovation in Supply Chains

    LG Innotek CEO Moon Hyuksoo: “Our Next-gen Substrate Technology Will Change the Industry Paradigm” – TechPowerUp

    LG Innotek CEO Moon Hyuksoo: “Our Next-Gen Substrate Technology Will Revolutionize the Industry” Revolutionizing the Future: LG Innotek’s CEO Unveils Game-Changing Next-Gen Substrate Technology

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Magicians and Battlebots light up Las Vegas entertainment scene – KSNV

    Magicians and Battlebots Take Las Vegas Entertainment by Storm

    Max-Matching Entertainments & Longhua District form partnership for new entertainment complex – Blooloop

    Max-Matching Entertainments and Longhua District Unite to Launch Thrilling New Entertainment Complex

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    MAY HER SOUL REST IN PEACE 🙏 Veteran entertainment columnist and talent manager Lolit Solis has passed away. She was 78 years old. https://tinyurl.com/6kumarkx | LatestChika.com – Facebook

    Beloved Entertainment Icon Lolit Solis Passes Away at 78 – A Life Remembered with Love and Respect 🙏

    Neil Young Plays Rare Full-Band ‘Ambulance Blues’ With The Chrome Hearts – Yahoo

    Neil Young Stuns Fans with Rare Full-Band Performance of ‘Ambulance Blues’ Alongside The Chrome Hearts

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    EIFO invests $5 million in D3, the Ukraine-focused defence technology venture fund – sUAS News

    EIFO Commits $5 Million to Boost Ukraine-Focused Defense Tech Fund D3

    New Technology for Water Efficiency and Working with Mexico on Screwworm – AG INFORMATION NETWORK OF THE WEST

    Revolutionary Water Efficiency Technology and Cross-Border Collaboration to Defeat Screwworm

    Environmental cognitive distance, R&D capability distance, and supply chain green technology innovation – Nature

    Bridging Gaps: How Environmental and R&D Differences Drive Green Technology Innovation in Supply Chains

    LG Innotek CEO Moon Hyuksoo: “Our Next-gen Substrate Technology Will Change the Industry Paradigm” – TechPowerUp

    LG Innotek CEO Moon Hyuksoo: “Our Next-Gen Substrate Technology Will Revolutionize the Industry” Revolutionizing the Future: LG Innotek’s CEO Unveils Game-Changing Next-Gen Substrate Technology

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

‎SADAFCO sees robust growth in market share of all segments: CEO

March 18, 2024
in Business
‎SADAFCO sees robust growth in market share of all segments: CEO
Share on FacebookShare on Twitter

SADAFCO sees robust growth in market share of all segments: CEO

Patrick Stillhart, CEO of Saudi Dairy and Foodstuff Co. (SADAFCO)

Saudi Dairy and Foodstuff Co.’s (SADAFCO) market share has seen robust growth in all its three segments, as per Nielsen data, said CEO Patrick Stillhart told Argaam in an interview.

The market share in the UHT milk segment advanced to 54.4%, with rising shares resulting from different parts of the dairy portfolio. As for tomato sauce, it grew to 56.6% amid strong performance during the month of Ramadan and towards the end of the year, while the market share of the ice cream segment increased to 31.4%, he added.

For more exclusive interviews

The CEO also highlighted that the products with strong demand, which contributed to supporting revenues, vary from milk products, tomato sauce and ice cream.

The company has seen sturdy performance, thanks to its continued focus and investments in sales, distribution, marketing and production facilities to boost growth and help achieve additional efficiency across all value chains, he stressed.

The CEO also pointed out that export sales are increasing at a double-digit rate above SADAFCO’s annual growth rate. Further, they are set to maintain this trend through searching for vertical and horizontal expansion opportunities, with a special focus on countries in Africa, Asia and the Middle East.

SADAFCO Poland, the holding company of Mlekoma, was also affected by non-operating expenses such as sell-option costs and the impact of recognized value, which were fully addressed in 2023, he added.

Regarding expansion and acquisition plans, the CEO said SADAFCO is currently evaluating potential acquisition targets in different geographical regions, which could support the company’s growth.

Furthermore, SADAFCO is evaluating partnership opportunities such as joint mobilization and cooperation with outsourcing companies, especially if there is additional capacity available, if the proposals address a market opportunity and achieve financial feasibility. If any deal is finalized, it will be announced through Tadawul, he stated.

Commenting on the impact of the Red Sea tensions, Stillhart pointed out that SADAFCO redirected most shipping destinations to Dammam Port only to ensure the supply side and mitigate any impact of shipping disruptions.

However, if this situation continues, the company will likely face some additional costs for shipping materials and equipment supplied from Europe, said the CEO, adding that it is working to offset this by boosting inventory levels for several materials and components required in local production operations.

He also stressed that this situation also shows that the company’s local plants and presence in the Kingdom are considered a strength point that ensures reliable supply to customers and consumers.

As for the increase in diesel prices, Stillhart explained that SADAFCO was prepared for this price hike and is working to mitigate the impact through initiatives to save energy consumption and move to clean or alternative energy sources quickly.

Among the methods used to reduce diesel consumption is the installation of new steam pipes in terms of energy consumption, which can also operate with liquified petroleum gas (LPG). This is in addition to expanding the improvement of fleet transport routes and reducing downtime for vehicles, he added.

SADAFCO earlier reported a net profit of SAR 327.6 million for the nine-month period ended Dec. 31, 2023, a 50% increase from SAR 218.3 million in the year-earlier period. The Q3 2023/24 net earnings leapt 33% year-on-year (YoY) to SAR 104.6 million, according to Argaam’s data.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Argaam EN – https://www.argaam.com/en/article/articledetail/id/1713354

Tags: businessRobustSADAFCO
Previous Post

‎Yaqeen Capital gets CMA nod to float 3M shares on Nomu

Next Post

‎CMA greenlights Bank AlJazira’s 25% capital hike via bonus issue

EIFO invests $5 million in D3, the Ukraine-focused defence technology venture fund – sUAS News

EIFO Commits $5 Million to Boost Ukraine-Focused Defense Tech Fund D3

July 6, 2025
Winning sports’ woke war is great, but unfortunately it’s led by the absurd – New York Post

Winning the Sports Culture War Is Exciting, but It’s Driven by the Absurd

July 6, 2025
Tradition, ecology, and communion: the Church experiences a week of renewal and global commitment – exaudi.org

Tradition, Ecology, and Communion: The Church’s Inspiring Week of Renewal and Global Commitment

July 5, 2025
Shriners Children’s to Establish Research Institute at Science Square – Georgia Tech News Center

Shriners Children’s to Establish Research Institute at Science Square – Georgia Tech News Center

July 5, 2025
Scientists warn US will lose a generation of talent because of Trump cuts | Trump administration – The Guardian

Scientists Warn Trump-Era Cuts Threaten to Drain a Generation of American Talent

July 5, 2025
7 outdated boomer behaviors that were once normal but now feel tone-deaf – VegOut

7 Outdated Boomer Behaviors That Once Seemed Normal but Now Feel Completely Tone-Deaf

July 5, 2025
The Conversation: Freedom in the modern world – standard.net

Embracing Freedom in the Modern World: Challenges and Opportunities

July 5, 2025
The U.S. added 147,000 jobs in June, relieving some concerns of a workforce slowdown – NBC News

U.S. Adds 147,000 Jobs in June, Easing Fears of Workforce Slowdown

July 5, 2025
Magicians and Battlebots light up Las Vegas entertainment scene – KSNV

Magicians and Battlebots Take Las Vegas Entertainment by Storm

July 5, 2025
Final House Vote on Devastating Health and Food Assistance Cuts – Medicare Rights Center

House Prepares to Vote on Major Cuts Jeopardizing Health and Food Assistance Programs

July 5, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (706)
  • Economy (732)
  • Entertainment (21,621)
  • General (15,731)
  • Health (9,769)
  • Lifestyle (736)
  • News (22,149)
  • People (732)
  • Politics (740)
  • Science (15,949)
  • Sports (21,231)
  • Technology (15,716)
  • World (712)

Recent News

EIFO invests $5 million in D3, the Ukraine-focused defence technology venture fund – sUAS News

EIFO Commits $5 Million to Boost Ukraine-Focused Defense Tech Fund D3

July 6, 2025
Winning sports’ woke war is great, but unfortunately it’s led by the absurd – New York Post

Winning the Sports Culture War Is Exciting, but It’s Driven by the Absurd

July 6, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version