Financial Highlights
Our commitment to excellence in our products, operations, and people led to a record-breaking performance, reinforcing the strength of our end-to-end model.
Revenue
QR million
+8%
Exceeded ambitious targets set against the previous year’s performance, driving revenue and profit growth.
EBITDA
QR million
+17%
Revenue growth and stringent cost control measures resulted strong EBITDA margins.
Net Profit
QR million
+69%
Enhanced operational efficiencies across the value chain boosted our bottomline.
Baladna delivered strong top line and significant bottom-line growth in 2024.
Operating Highlights
Baladna’s proven expertise as a leading dairy and beverages producer in the Middle East delivered an exceptional performance, with profits soaring by 69% and a decline in operating expenditure.
Overall
Market Share*
+0.6%
Expanded our market presence and reinforced our dominance within the industry.
*Market share % is based on Nielsen data covering Retail category only
Dairy
Market Share*
+1%
Total
Number of SKUs
+4%
Our new SKUs contributed significantly to the overall top-line result, with the strongest performers being the Dairy segment.
Number
of Customers
+2%
Growing our customer base while strengthening our business.
Awards and Certifications
Our recognitions and certifications reflect Baladna’s commitment to industry leadership, customer satisfaction, and contribution to Qatar’s food security and economic growth.
Ranked amongst the Best Digital Annual Report Award 2023 in Small Cap category.
Recipient of the award in both print and digital categories for four consecutive years.
Certification for food safety management systems, including ISO 22000:2018, ISO TS 22002 1:2009 and additional FSSC 22000 requirements V6.
The first company in Qatar to be awarded this certification.
The only Qatari dairy & juice company to win the MENA Digital Award 2024 for Best Creative Campaign.
