Savola to see 56% profit drop in Q1: Saudi Fransi Capital

02/04/2015 Argaam

Saudi Fransi Capital issued first quarter profit forecasts for several Tadawul-listed companies on Thursday, including Savola Group, which is expected to see a 56 percent drop to SAR 186 million.

 

Savola is currently the kingdom’s largest non-petrochemical industrial group.

 

Saudi Fransi Capital Q1-2015 Estimates

Consensus Estimates

YoY

change

Q1-2015 estimates

Company

Consensus

+26%

345

Almarai

Consensus

+12%

226

Jarir

Consensus

+2%

285

Al Tayyar

Consensus

+7%

31

eXtra

Consensus

+6%

56

Sadafco

Consensus

+20%

30

Nadec

Consensus

(56%)

186

Savola

Consensus

+11%

52

Al Othaim

Consensus

(34%)

126

Al Hokair Group

Consensus

+4%

168

Airlines Catering

Consensus

+8%

52

Herfy

Consensus

+17%

48

Dallah Health

Consensus

+2%

59

Al Mouwasat

Consensus

(22%)

25

National Medical Care

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