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Despite the drop in overall consumption levels, Saudia Dairy and Foodstuff Company (Sadafco) achieved consistent net margins in Q2 2017 in line with the previous quarters this year and last year. Material input costs continued to move up during the
SADAFCO has signed on 10 October 2017, a Non-Binding agreement with Mlekoma sp. Z.o.o. with its subsidiaries Foodexo sp. Z.o.o, & Mlekoma Dairy Z.o.o. in Poland to continue the due diligence process of acquiring a controlling stake and upon satisfactory