Cartier Saada SA
CCSEMA:CRS19.00
MAD
+0.20
(+1.06%)
ISIN
MA0000011868
Return %
Stock
S&P 500
1Y
-50.65
14.20
3Y
-16.99
81.12
5Y
-30.88
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Semi-annual Revenue
FRC
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Moulay Hassan Debbarh
- Sector
- Consumer non-durables
- Industry
- Food: specialty/candy
- Address
- Marrakech Morocco
- IPO Date
- Jun 21, 2006
- Website
- cartiersaada.com
- Similar Companies
- Business
- Cartier Saada SA is a Morocco-based agribusiness and food processing company specializing in the manufacturing, canning, and international export of gourmet preserved fruits, vegetables, and specialty condiments. Founded in 1947 and headquartered in Marrakech, Morocco, the company operates integrated industrial processing facilities and distributes its products under proprietary brand names, including Cartier, Cartier Saâda, Chardar, Harmony, and Dupro, in addition to providing contract manufacturing and private-label packaging solutions for major international retailers and foodservice distributors. The company's core product portfolio is organized across several key categories: canned and cured table olives, including whole, pitted, sliced, and stuffed green olives, Greek-style black olives, purple olives, and seasoned cocktail olives; preserved stone fruits, primarily canned apricot halves, whole apricots, and fruit in syrup; specialty condiments and Mediterranean vegetable preserves, comprising capers, caperberries, Moroccan salted and crystallized lemons, pickled peppers, artichoke hearts, gherkins, white cocktail onions, traditional harissa paste, and prepared couscous vegetables; and ready-to-eat culinary preparations, such as olive tapenades, taktouka, and spiced eggplant spreads. Through its commercial subsidiary, Zoubairi Distribution, the company also manages regional distribution and food trading operations. Cartier Saada exports over 95 percent of its production volume to more than 30 countries across Europe, North America, the Middle East, Africa, and the Asia-Pacific region, adhering to international food safety and quality benchmarks under BRC, IFS, ISO, Kosher, and Halal certifications. In recent developments, Cartier Saada has executed strategic capital investments to modernize its processing infrastructure, upgrading handling and automated storage equipment to enhance harvest-processing efficiency and overall operational productivity. In response to global agricultural commodity fluctuations and raw material price volatility, the company has undertaken a strategic shift to prioritize high-value-added gourmet segments, streamline its working capital requirements, optimize inventory valuation, and diversify its international export distribution partnerships across core European and North American retail networks.