Edita to complete acquisition of frozen bakery company next week
Deal is expected to cost EGP 380m: Sources
Edita doubles its annual profits to over EGP1bn in 2022
Edita Morocco recorded revenues of EGP 176.2m during its first year of…
Edita adds new production line at a cost of EGP 135m to keep pace with high demand
The company plans to raise its production capacity in the cake and…
Global inflationary pressures push Edita to raise product prices
This trend towards increasing the average selling prices is justified by the…
Edita signs EGP 150m loan with Crédit Agricole to finance new bakery line
New bakery line set to be operational by Q1 2022
Edita plans to invest Capex of EGP 400m in its 2021 expansion
Company may consider some direct price increases, should new VAT law be…
Edita, Arab Bank sign EGP 105m medium-term loan
The facility, which comes with a seven-year term, is eligible for issue…
Edita reports significant decline in Q2 results amid pandemic
Edita recorded revenues of EGP 768.7m, down 20.3% q-o-q and 10.9% y-o-y
Edita subsidiary obtains MAD 80m from Arab Bank – Morocco
Company’s Morocco factory will start operations by beginning of 2021, says Shams…
Edita to revise 2019/20 capex budget to cover key projects
Despite slashing capex budget to EGP 650m from EGP 790m, management optimistic…