Almarai’s net income slightly misses expectations in 2Q

F&B giant Almarai’s net income rose 4.4% y-o-y to SAR 646.9 mn in 2Q 2025, backed by rising revenue, falling expenses, better product mix, and lower funding costs, according to an earnings release (pdf). The figure fell slightly short of the SAR 665.7 mn average estimate projected by Bloomberg-surveyed analysts, Asharq Business reports.

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The company saw its revenue rise 2.6% y-o-y to SAR 5.3 bn during the same period, due to solid performance in the foods and bakery sectors in core markets and across all sales channels.

Performance varied across sectors: The poultry sector remained stable during the second quarter, with production lines operating at full capacity, while the earlier Ramadan season resulted in lower dairy product sales, pulling down net income in the dairy and juice sector.

A look at 1H: Almarai’s net income rose 5% y-o-y to SAR 1.4 bn in 1H 2025, while revenue grew 4.2% y-o-y to SAR 11.1 bn on the back of strong performances across all sectors in core markets and improved operational costs.