Almarai Company SJSC Q2 2020 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Taher Safieddine - JPMorgan Chase & Co, Research Division - Analyst : It's Taher from JPMorgan. A couple of questions from my end. First, I mean, very solid performance again, and really, congratulations. But I just want to get some color on where are we in terms of utilization rates? I understand you're at full capacities. So I mean how far can we go on that front? And number two, Ikram, you mentioned that there was a huge impact on mix, which is mainly pricing versus volume this quarter. How do you expect this to pan out through the rest of the year, primarily in the second half? Is there any competitive pressures in the -- I mean, in the product that you're seeing? So that's one on the Poultry. And number two, on the fresh milk. Just from the slide, it looks like your value share has come down between December '19 and May '20. Can we just get some idea on how the dynamics are there in the fresh milk category? And I'll leave it there.

Question: Taher Safieddine - JPMorgan Chase & Co, Research Division - Analyst : Sorry. Can we get some color on the margins, EBIT margins? I know you've guided to, I mean, some normalized EBIT margins. And clearly, things have been improving on the profitability. Is there something you can share in terms of where you are now in terms of the margin profile for the Poultry business?