Revenue grows by 1.7% and net profit increases by 7.6% quarter-on-quarter.
Jeddah : Saudia Dairy and Foodstuff Company (SADAFCO) has announced its financial results for the second quarter of 2026, reporting improved revenue and profitability compared with the previous quarter, supported by continued momentum across its core business.
Revenue reached SAR 750 million, increasing by 1.7% quarter-on-quarter, while net profit attributable to shareholders rose by 7.6% to SAR 88 million. The improvement reflected higher sales, a favourable product mix and improved operating profitability.
Excluding SADAFCO’s Polish subsidiary (Mlekoma), quarterly revenue increased by 6.9% year-on-year to SAR 688 million, mainly driven by higher sales volumes across key product categories.
Net profit was impacted by higher raw material costs, surcharges related to regional maritime disruptions, broader inflationary pressures and increased fuel prices. Despite these pressures, SADAFCO maintained a healthy net profit margin of 11.8%.
Performance during the quarter was also supported by continued momentum across emerging channels, particularly out-of-home and e-commerce, which delivered strong value growth. SADAFCO continued to focus on investing in its brands, improving operational efficiencies and proactively managing supply-chain risks amid ongoing regional developments.
SADAFCO maintained its market-leading positions across key categories, with market shares of 59.1% in long-life plain milk, 51.1% in tomato paste and 30.9% in ice cream. The company also strengthened its position in long-life flavoured milk, increasing its market share to 22.7%.
For the first six months of 2026, consolidated revenue reached SAR 1,488 million, while net profit attributable to shareholders reached SAR 170 million. SADAFCO maintained a strong balance sheet and a robust cash position of SAR 554 million, including short-term investments.
Commenting on the results, Patrick Stillhart, Chief Executive Officer of SADAFCO, said: “Our second-quarter results reflect continued progress across our core business, with revenue and profitability improving compared with the previous quarter. We maintained momentum across key categories and emerging channels. We remain focused on investing in our brands, improving operational efficiency and strengthening our market leadership to create sustainable long-term value for our shareholders.”
