Edita Food Industries posts 31% profit growth in Q2 2026

Daily News Egypt
3 Min Read

Edita Food Industries reported a 31.1% year-on-year increase in net profit during the second quarter (2Q) of 2026, reaching EGP 706.7m, as strong demand, higher sales volumes and pricing measures supported the company’s performance.

The Egyptian packaged snack-food producer recorded consolidated revenues of EGP 6.5bn during the quarter, up 30.5% compared with the same period last year.

Gross profit increased 29.8% year-on-year to EGP 2.1bn, while the gross profit margin remained broadly stable at 33%, compared with 33.2% in 2Q2025.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 30.3% to EGP 1.2bn, with an EBITDA margin of 18.1%. The company’s net profit margin stood at 10.9%.

For the first half (1H) of 2026, Edita reported revenues of EGP 12.3bn, representing a 32.5% year-on-year increase. Net profit climbed 63% to EGP 1.5bn, with the net profit margin expanding to 12.2% from 9.9% a year earlier.

Gross profit for the six-month period increased 38.3% to EGP 4.1bn, while EBITDA rose 39.7% to EGP 2.2bn.

The company said growth was increasingly supported by higher sales volumes alongside pricing and product-mix optimisation. Edita sold 1.1 billion packs during 2Q2026, up 16.6% year-on-year, while volumes measured in tonnes increased approximately 23.9% to 44,500 tonnes.

During 1H2026, total packs sold increased 17.4% to 2.1 billion, while total tonnes sold rose 29.8% to 86,500 tonnes.

Edita also continued to expand its international operations. Net export sales increased 38.3% year-on-year to EGP 623.8m during the second quarter, accounting for 9.6% of total revenues.

Exports reached EGP 1.17bn during the first half, up 52.3% compared with the same period of 2025 and representing 9.6% of consolidated revenues.

Edita Morocco generated EGP 301.3m in revenues during 1H2026, an increase of 7.2% year-on-year. Meanwhile, Edita Iraq contributed EGP 72.5m following the commencement of production at its cake manufacturing line at the end of March.

Hani Berzi, Group Chairperson of Edita Food Industries, said the company’s first-half performance reflected healthy underlying demand, accelerating volume growth and continued migration of its portfolio towards higher-value price points.

“Our core Cakes and Bakery segments remained key growth drivers, complemented by encouraging momentum across our nascent segments,” Berzi said.

He added that Edita continued investing in production capacity, new products and its regional expansion, including the ramp-up of local manufacturing operations in Iraq.

Looking ahead, Berzi said the company remained confident about its growth prospects, supported by resilient consumption, innovation, operational investments and further expansion across Egypt and regional markets.

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