CEO’s
Message

Our growth reflected balanced performance across our key sectors. The dairy and juice business remained the mainstay, generating revenues of X 12.8 billion, supported by sustained demand and continued product innovation, including 35% growth in Greek yogurt. Our poultry business continued to play a strategic role in national food security. In 2025, we processed more than 300 million birds as new capacity came onstream and operational efficiencies continued to improve. We are also progressing steadily with our X 7 billion investment plan to double poultry production capacity by 2028. The bakery and specialty foods business achieved 5% growth with improved profit margins, while the baby food business recorded growth of 20%.

We strengthened efficiency through unified digital platforms, including SAP S/4HANA, which improved demand forecasting and inventory management while enabling faster, more informed decision-making across the organization. We also continued to embed digital capabilities into our operations, reinforcing resilience as the business grows in scale and complexity.

In sustainability, we initiated a greenhouse gas reduction study, establishing the foundation for a clear net zero roadmap. We also achieved most of our 2019–2024 sustainability strategy cycle targets ahead of schedule, confirming alignment between investment, operations, and responsible business practices.

Almarai’s acquisition of the Pure Beverages Industry Company in 2025 highlights our disciplined approach to growth. We are building through a balanced mix of greenfield investments and selective acquisitions of established assets. Our entry into the bottled water segment complements our dairy and juice portfolio, broadens our beverage offering, and responds to evolving consumer preferences for healthier everyday hydration options. This acquisition enables us to expand in an adjacent category through an established operation with existing assets and market presence. Integration is progressing as planned, with a focus on aligning quality standards, operational processes, and route-to-market capabilities. While returns will build progressively, we view Pure Beverages as a long-term contributor that enhances portfolio resilience and flexibility.

In 2025, we also continued to realize the benefits of our acquisition of Etmam Logistics Services in the prior year. Etmam has strengthened our cold chain and frozen logistics infrastructure, improved distribution reliability, and expanded our ability to manage a growing and increasingly diverse product portfolio. Together, these acquisitions reinforce our commitment to disciplined expansion and, more broadly, alignment with the goals of Saudi Vision 2030.

Almarai’s progress is grounded in the competence and commitment of our employees. In 2025, we continued to invest in building a future-ready organization aligned with the scale, complexity, and ambition of our expansion journey. Leadership development accelerated across the company, with a focus on equipping leaders at all levels to operate effectively in a larger, more diversified, and increasingly digital enterprise. We strengthened succession planning to ensure continuity across critical roles, supported by structured competency assessments, rigorous organization and talent reviews, and targeted development programs. During the year, we identified 157 leaders for succession planning, representing a 40% increase compared to 2024. These efforts expanded our high-potential talent pool, making our organization more resilient. Almarai also delivered future-focused development and training programs, reaching more than 250 leaders and thousands of employees, and recorded nearly 1.65 million training hours overall.

As we move toward 2026, our focus shifts from an investment-intensive phase to a value-harvesting phase. We are targeting growth while building a resilient operating model centered on the following priorities:

Maximizing returns from strategic assets: We will fully operationalize major completed projects in poultry and logistics, contributing to lower operating costs and improved margins.

Leading in health-focused innovation: We will expand our specialty nutrition and premium product portfolio in response to rising consumer awareness and strengthen our position in higher value categories.

Advancing digital intelligence: We will move beyond process digitization toward greater operational intelligence, using advanced predictive tools to optimize supply chains and reduce food waste.

Targeted geographic expansion: We will continue to evaluate strategic opportunities across the Middle East and North Africa, prioritizing markets that offer us an immediate competitive advantage and complement our strong distribution capability.

Climate commitment: Climate considerations remain an integral part of our investment decisions as we begin implementing our 2026–2030 sustainability strategy targets, ensuring that our growth is both disciplined and socially and environmentally responsible.

I extend my sincere appreciation to our customers for their loyalty. I am grateful to our employees, whose efforts made this year’s success possible. I also thank the Board of Directors and our partners in the public and private sectors for their continued support in helping Almarai realize its vision and national role.

In closing, we remain committed to building on our achievements and taking Almarai toward new horizons of growth and progress.