Jarir’s corporate and government sales saw steeper decline than sales to individuals
Jarir Marketing [4190.SE]’s Chairman Mohamed Al Agil said the decline in corporate and government spending on computers and offices was steeper than that of individuals, adding that the decline in sales to individuals was at high single digits. According to the company’s chairman, the situation is expected to improve next year. (Argaam) Jarir Marketing Co.: SAR105.80 as of 05 September 2016, Rating: Neutral, FV: SAR127.00 per share, MCap: USD2,539mn, JARIR AB / 4190.SE
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