Saudi food and beverage major Almarai reported strong financial results for the second quarter of 2026, posting double-digit revenue growth driven by robust demand for its dairy and poultry products despite higher operating costs and regional challenges.
The company’s revenue increased 11 per cent year-on-year to SAR 5.87 billion in the April-June quarter. Revenue for the first half of 2026 reached SAR 12.03 billion, up 9 per cent from the same period last year.
Net profit for the second quarter stood at SAR 635.7 million, with the company attributing the stable profitability to higher sales, portfolio expansion and disciplined cost management.
Almarai said its performance was supported by strong demand across key product categories, particularly poultry and dairy, as well as continued investments in production capacity, operational efficiency and supply chain resilience.
The company noted that ongoing cost-control measures, an improved sales mix and operational efficiencies helped offset higher shipping, energy and raw material costs, along with broader logistical challenges facing the food industry.
Commenting on the results, Almarai Chief Executive Officer Fawaz Al Jasser said: “Q2 2026 reflects another quarter of strong growth momentum for Almarai, attributable to healthy demand across our core product categories, particularly poultry and dairy. Disciplined execution and cost management have enabled us to deliver a stable and resilient financial performance. We remain confident in our strategy and commitment to food security and to strengthening our leadership across target markets, while continuing to innovate, meet evolving consumer expectations, and drive sustainable growth.”
Among business segments, the poultry division recorded strong growth during the quarter, supported by an expanding customer base and continued investments in production capacity and operational efficiency.
The dairy and juice business also posted healthy growth on the back of rising consumer demand, with the company continuing to expand its product portfolio through innovation and the introduction of new fresh products.
The bakery segment delivered stable performance, aided by an improved product mix and continued product innovation. Almarai said it would continue to focus on product development and selective geographic expansion for the category.
Looking ahead, the company said it remains confident that its current strategy will support sustainable growth and strengthen its market position through continued investment in dairy, poultry and innovation while creating long-term value.
