Savola Group to report Q2-2015 financials in April

Savola Group, one of the largest industrial firms in Saudi Arabia, has set key dates for its events and announcements to keep its shareholders and investors up to date.

The company said it will release financial results for second quarter 2015 starting April 19-21.

Savola expects to generate a net profit of SAR 1.815 billion this fiscal year before capital gains, with SAR 360 million anticipated in the first quarter.

By the end of 2014, the company operated 345 markets inside the kingdom, with 59 Panda Hypermarkets, 131 Panda supermarkets, and 155 My Panda stores; in addition to one market in Dubai, United Arab Emirates.

SAVOLA Events for 2015
Notes	Date	Event
--	March 29	Ordinary General Assembly meeting
Q2-2015
Q1 financial results and cash dividend	April 19	Board of Directors meeting
--	April 19-21	Q1-2015 financial results
Paid within 15 days from the date of eligibility	April 19-21	Cash dividend announcement
--	April 21 / May 6	Q1 prospectus
Q3- 2015
According to the start and the end of Eid Al fitr holiday	--	Q2-2015 financial results
According to the start and the end of Eid Al fitr holiday	--	Cash dividend announcement
10 days after the announcement of financial results	--	Q2 prospectus
Q4-2015
Q3 financial results and cash dividend	Oct. 19	Board of directors meeting
--	Oct. 19-21	Q3 financial results
Paid within 15 days from date of eligibility	Oct. 19-21	Cash dividend announcement
--	Oct. 22 / Nov. 10	Q3 prospectus
--	Dec. 17	2015 budget announcement

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