Almarai reports SAR 6.19 billion in Q3 2026 revenue

Almarai announced its financial results for the third quarter of 2026 on Sunday, reporting revenue of 6.19 billion riyals (SAR), an 11% increase from 5.55 billion riyals in the same period of 2025.

The company said total revenue for the first nine months of 2026 rose by 10% to 18.22 billion riyals, compared to 16.61 billion riyals for the corresponding period last year.

Net profit for the third quarter reached 617.8 million riyals, a slight increase of 1% from 613.2 million riyals in Q3 2025. The company attributed this to an improved revenue mix, offset by higher feed shipping and distribution costs.

For the first nine months of 2026, net profit remained nearly unchanged at 1.99 billion riyals compared to the same period in 2025.

Almarai CEO Fawaz Al-Jasser said the company achieved revenue growth in the third quarter thanks to sustained demand for core products and operational discipline, noting that previous investments have strengthened Almarai’s ability to serve consumers across various markets.

Al-Jasser added that the dairy and juice segment benefited from continued demand and an improved revenue mix, while innovation and product portfolio development enabled the company to respond to changing consumer needs.

The bakery segment also saw improved performance, supported by sales mix, product innovation, and cost management. The company continued to develop its products and pursue selective growth opportunities in this sector.

In the poultry, seafood, and meat segment, net profit declined in the third quarter compared to the same period last year, due to supply conditions and higher distribution costs.