Almarai® Annual Report 2021

2021 AT A GLANCE
Founded in 1977, Almarai Company is the world’s
largest vertically integrated dairy company and the
region’s largest food and beverage manufacturing
and distribution company. Headquartered in the
Kingdom of Saudi Arabia, Almarai is ranked as
the number one FMCG (Fast Moving Consumer
Goods) brand in the MENA (Middle East & North
Africa) region and is the market leader in most of
its categories across the Gulf Cooperation Council
(GCC). After more than 40 years of sustainable
growth, Almarai continues to provide nutritious
and healthy products to consumers of all ages,
with success derived from the bedrock principle
of ‘Quality you can trust’. In addition to its high-
quality dairy products, Almarai has diversified its
product portfolio to include juices, bakery, and
poultry under the brand names Almarai, L’usine,
7DAYS, Albashayer and ALYOUM. Meanwhile,
the Company operates successful joint ventures
with Chipita and PepsiCo. As at 31 December 2021,
Almarai’s paid up share capital amounted to SAR
10 billion, consisting of one billion fully paid and
issued shares of SAR 10.00 each.

Revenue Segmentation
Sales by Product Sales by Geography
(SAR billion) (SAR billion)

Fresh Dairy 5.7 KSA 10.2

Foods 2.3 UAE 1.4
Poultry 2.3 Egypt 1.3
Bakery 1.8 Kuwait 0.8
Long Life Dairy 1.6 Oman 0.6
Fruit Juice 1.5 Jordan 0.5
Other Sales 0.6 Bahrain 0.3
Total 15.8 Others 0.7
Total 15.8

Highlights
Total sales Free cash flow
(SAR million) (SAR million)

2021 15,850 2021 3,101

2020 15,357 2020 2,830

2019 14,351 2019 2,601

4
 Net profit* CAPEX
(SAR million) (SAR million)

2021 1,564 2021 1,364

2020 1,984 2020 969

2019 1,812 2019 1,650

Operating cash flow Total headcount

(SAR million)

2021 4,915 2021 40,213

2020 4,203 2020 41,222

2019 4,732 2019 42,382

*Profit attributable to the Shareholders of the Company

AT A GLANCE 5
Almarai® Annual Report 2021

Where we are

Romania
USA

Argentina

What we do Dairy Juice

Dairy is the founding cornerstone of
Almarai’s product range and includes
Fresh Dairy, Long Life Dairy and Dairy
Foods. For over 40 years we have
endeavoured to earn the trust of
our consumers and are the regional
market leader in a wide range of sub-
categories.
Almarai leads the GCC in the
production of fresh juice, providing
consumers with a wide range of
juices, nectars, and drinks, as well as
products for children.

Read more on Page 40-41 Read more on Page 42-43

6
 Arable
Jordan farms

Kuwait

Dairy
farms
•  Hail
Egypt Bahrain

•  Riyadh UAE
•  Al Kharj
Saudi Arabia Oman Poultry
farms
•  Jeddah

Manufacturing

Sales
depots

Head
Office

Poultry Bakery
Our Poultry brand, ALYOUM, continues to enjoy the number Using the highest quality ingredients
one spot as brand of choice for over 32% of Saudi Arabia’s and world-class facilities, we deliver
fresh poultry consumers. It is a brand that symbolizes a wide range of bakery products
quality and innovation, representing our core values in the to consumers across the GCC,
marketplace. The product range includes a comprehensive marketed under the L’usine and
selection of whole, part and value-added SKUs under the 7DAYS brands.
ALYOUM and Albashayer brands.

Read more on Page 44-47 Read more on Page 48-49

STRATEGIC REVIEW 7
Almarai® Annual Report 2021

Awards and
Recognition

• Top 10 Recommended • First Choice for

Brands in KSA and Consumers in KSA
UAE and UAE

• Healthiest Brands in • Fourth place

UAE in Achieving
Sustainability for the
Environment
Top 50
Saudi Arabia
KSA’s Top 10
Best Employers

Best Employers
in the Middle East
BASES Top
breakthrough
innovations KSA
– Farm’s Select,
Awards for Best Marketing L’usine Bran Bread,
Campaigns in the Middle L’usine Muffin
East

1st Saudi Brand with Corporate Governance

1B views Excellence Award

8
 To grow our leading
position as the trusted
choice for food and
VALUES
beverages in the region,
delighting consumers with
quality nutrition every day.

A daptable
VISION

S haring

P assionate
MISSION

I
nnovative

R espect

To provide quality
and nutritious food
and beverages that
E xcellence
enrich Consumers’
lives every day.

STRATEGIC REVIEW 9
Almarai® Annual Report 2021

Year in
Review 2021

10
Mar Jun
Almarai announces the appointment of the new Almarai announces the acquisition of Binghatti
CEO of the Company Beverage’s Production Facility in the UAE

Almarai announces the appointment of a Board

Member

Almarai announces the acquisition of 100%

shares in Bakemart UAE and Bakemart Bahrain

May
Almarai’s Board of Directors (“The Company”)
approved on 2 May 2021, a capital investment
Dec
estimated at SAR 6.6 billion to expand the
Poultry segment that aims towards doubling the
Almarai announces the distribution of a cash
Company’s market share in this sector
dividend for 2021
Almarai announces that one of its subsidiaries
Almarai announces plan to enter Branded Local
has acquired an additional stake in Modern Food
Beef Category
Industries (“MFI”)

AT A GLANCE 11