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CEO’s Foreword

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Wajdy M. Al-Ghabban

CEO

Esteemed shareholders, partners, colleagues, and customers,

It is my privilege to present CATRION’s annual report under our guiding theme, “Beyond the Horizon,” which reflects both our ambitious spirit and the tangible achievements we have realized this year. Since our founding over four decades ago, CATRION has remained dedicated to excellence and innovation in catering and hospitality. Today, as we stand on the cusp of the future, we can look back on a year defined by strategic milestones, digital growth, and sustainability leadership.

Redefining Hospitality

CATRION is not just a caterer; we are a holistic hospitality powerhouse serving airlines, events, business and industry, and more. Our 2024–2026 strategy calls for continuous expansion into non-aviation sectors,

a more balanced revenue mix, and an ongoing commitment to delivering world-class service. We believe in nurturing a culture where innovation, people empowerment, and sustainability intertwine to shape every decision we make.

Our Path to Growth

This year, we further solidified our market position through automation and digitalization. Nearly 90% of our operations now integrate digital platforms that enhance efficiency, enable data-driven planning, and improve the overall customer experience. Financially, we achieved a robust net profit of SAR 352.8 million, reflecting solid performances across our two core segments: Inflight Catering and Integrated Hospitality. These achievements underscore our steady progress toward a 50/50 aviation and non-aviation revenue split.

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net profit

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aviation and non-aviation
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Towards a Greener Future

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A cornerstone of our success lies in our Environmental, Social, and Governance (ESG) initiatives.

From installing solar systems at our laundry facilities to expanding the use of electric vehicles, we are pioneering green innovations to reduce emissions and preserve resources.

We have seen a marked improvement in waste reduction, supported by a surge in recycling and composting practices. The recognition we received, culminating in a prestigious ESG award, affirms that responsible business is integral to our future-ready strategy.

Embracing Challenges with Determination

Our journey has not been without hurdles. A complex global economy tested our cost management and talent acquisition efforts. Yet by leveraging our innovative culture and prioritizing employee engagement through the Culinary Academy and career development programs, we have consistently delivered elevated customer satisfaction and preserved the dynamic spirit that drives our workforce.

Advancing Beyond the Horizon

As we anticipate the 2034 World Cup and other grand-scale events, CATRION remains aligned with Vision 2030, aiming to seize new opportunities in travel, tourism, and healthcare. Our strategic investments focus on building agile solutions, enhancing service offerings, and maintaining a forward-thinking approach to challenges and opportunities alike. In short, our mission is clear: to grow, adapt, and lead with unwavering dedication to quality, innovation, and sustainability.

A Note of Gratitude

I extend my deepest thanks to our esteemed Chairman and the Board of Directors for their visionary guidance, to government entities for their partnership and support, and to our shareholders and customers for entrusting us with your confidence.

Above all, I commend our employees for their relentless passion and determination; your efforts are the heartbeat of CATRION’s success.

Together, let us continue to push boundaries, set new standards, and transform CATRION into the global hospitality leader it is destined to be. I am confident that as we look beyond the horizon, we will chart a course for enduring prosperity and make an even greater impact on the industry we proudly serve.

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Wajdy M. Al-Ghabban

CEO

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