Agthia Group Welcomes Inclusion In The MSCI Small Cap Emerging Markets Index Effective May 27th 2021

Press release

Published May 31st, 2021 - 06:33 GMT

Agthia Group

Highlights

Agthia Group welcomed its inclusion in the prestigious Morgan Stanley Capital International Inc. (MSCI) Emerging Markets Index effective 27 May 2021.

Agthia Group PJSC, the leading food and beverages company, welcomed its inclusion in the prestigious Morgan Stanley Capital International Inc. (MSCI) Emerging Markets Index effective 27 May 2021.

Agthia Group joins the MSCI Emerging Markets Index, after fulfilling all the listing conditions, which comprises market capital, liquidity rates, and foreign inclusion factors, among others. By being in the index, which enjoys wide interest from international investors, Agthia is expected to increase the attractiveness of its stocks to foreign investors.

Agthia Group recently announced its Q1 2021 financial results recording Earnings per Share of AED0.069 per share and total revenues of AED 665.5 million, representing 57% and 17% year-on-year growth, respectively, compared to the same period in 2020. The Group also announced its long-term strategy which focuses on upscaling in priority markets, expanding into value-add categories and driving margin improvements by 2025.

Background Information

Agthia Group

We are a leading Abu Dhabi based food and beverage company.
Established in the UAE in 2004, and listed on the Abu Dhabi Securities Exchange (ADX) since 2005, the Agthia Group consists of a world-class portfolio of integrated businesses and brands.

We provide high-quality, trusted, and essential food and beverage products for customers and consumers across the GCC, Turkey, and the wider Middle East.

The Company’s assets are located in the UAE, Saudi Arabia, Oman, Egypt and Turkey.More than 4,500 employees are engaged in manufacturing, distribution and marketing various food and beverage products : Water and Beverages (Al Ain Water, Al Ain Zero Water, Al Bayan Water, Alpin Natural Spring Water, Ice Crystal Water, Delta Water, Bambini Kids Water, Al Ain Fresh Juice, Capri-Sun Fruit Juice); Food (Grand Mills Flour, Yoplait Yogurt, Al Ain Tomato Paste, Al Ain Frozen Vegetables, Monty's Bakehouse Frozen Bakery products, The Grand Baker Ambient Bakery products, Pure Natural Convenience Food items, Date Crown Dates); Animal Feed (Agrivita, Al Wasmi, Anderson Hay)