Savola executives pose for a group photo during the company's annual conference held recently under the theme “The Sustainable Growth”.THE Savola Group celebrated a record year by screening a documentary film highlighting the achievement of SR1 billion operating profit for the fiscal year 2011 at it's annual conference held recently under the theme "The Sustainable Growth". "This year our Group's Annual Conference looked back on the momentous achievements of 2011 culminating in a net profit of more than one billion Saudi Riyals generated mainly from operation, which we have commemorated with a film showing how the Group reached this major milestone," said Dr. Abdulraouf Mannaa, Managing Director of The Savola Group. "What is most important for the future is that this record breaking profit was achieved through sustainable growth in all sectors, which is the key to The Savola Group's ongoing success across the three core sectors of food, packaging and retail." The company currently operates through nine factories in Jeddah, Riyadh, and Egypt. Muwaffaq Jamal, CEO of Panda, presented Panda's plans to expand through its supermarket and hypermarket chains which reached 132 branches. Corporate Social Responsibility programs in Savola were showcased by Faten Al Yafi, Senior Executive Director CSR, PR. The presentation featured live examples that describe the life of a person with disabilities and the challenges they face and the importance in giving them the opportunity and providing a suitable environment for this very important segment in this society. Evolving from a single brand, The Savola Group now owns well-known commercial brands including Afia, Al Arabi, Rawabi, Al Osra and Panda.
