A RETURN TO PROFITABLITY DRIVEN BY STRATEGY EXECTUION AND PROGRESSIVE PERFORMANCE OF THE KINGDOM OF SAUDI ARABIA PORTFOLIO CENOMI RETAIL REPORTS SAR 1.3 BILLION IN REVENUES AND SAR 1.8 MILLION IN NET PROFIT IN Q1-25
The Kingdom of Saudi Arabia retail revenues climbed 10.0% YoY, reaching SAR 953 million in Q1-25.
International portfolio sustained momentum with 21.8% YoY revenue growth to SAR 301 million, led by strong performances in Uzbekistan, Azerbaijan, Georgia, and Jordan
Portfolio optimization continued to deliver results, with KSA revenue per store rising 88.5% YoY, reaching SAR 2.9 million
Balance sheet deleveraging progressed, with total debt down 11.8% and SAR 216.6 million in repayments
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