CIMA, ICC Sri Lanka and the Daily FT recognized the winners of Sri Lanka’s Most Admired Companies Awards, at an event held at the BMICH recently. The award recognized companies not just for their financial performance but also the value they create for their shareholders, customers, employees and the wider community.
As an essential service provider and a leading food company, Cargills continued to meet the needs of consumers during a challenging year. In addition to operating 465 supermarkets outlets and 50 restaurants across the country, Cargills operates 8 manufacturing facilities which produce value added dairy products, confectionery, beverages, culinary products, and convenience food. The Group’s main food brands have become leading national brands over time, with a key focus on quality and innovation.
Cargills has given prominence to sourcing its raw materials locally, creating markets for local farmers and suppliers, staying true to its mission of supporting regional development and bridging disparities across the country.
The Group is the single largest collector of fruits and vegetables in the country and also the leading private sector collector of fresh milk, working with a network of over 23,000 agricultural and dairy farmers. Cargills generated direct income over Rs. 9 billion to the dairy and agriculture farming communities in Sri Lanka last year through its purchases.
With a team of 12,000, Cargills is also a key generator of opportunities for the rural youth. Over 60% of the Cargills team comes from regions outside the Western Province and more than 70% of the team is under the age of 35. The company invests in developing the skills of its young team through an internal training academy – the Albert A. Page Institute – which provides internationally recognized certifications and training programs.
The company invested Rs 6.4 billion during the last financial year across all its business verticals, to further grow and drive community development. One of oldest companies in the country, with a heritage of 177 years, Cargill continues to stay true to its core values of providing affordable nutrition and serving communities across Sri Lanka.
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