Tag: Edita

Edita to revise 2019/20 capex budget to cover key projects

Despite slashing capex budget to EGP 650m from EGP 790m, management optimistic

Alyaa Stohy Alyaa Stohy

EDITA starts production line operations to launch Oniro

Head of Investor Relations, Menna Shams El Din, told Daily News Egypt

Daily News Egypt Daily News Egypt

Edita to proceed with soft entry into biscuits segment post Ramadan

Company will take advantage of expected easing of lockdown measures to pull

Alyaa Stohy Alyaa Stohy

Edita reports revenues of EGP 83m in Q1 of 2020

Company's factory in Morocco will be inaugurated by year end, says Shams

Alyaa Stohy Alyaa Stohy

Edita revenues grow by 9.3% y-o-y to EGP 862.8m in Q2 of 2019 backed by cake, croissant

The revenue growth was backed by Edita’s core cake and croissant segments

Daily News Egypt Daily News Egypt

Edita signs loan contract with IFC for $20m

Operational phase of company’s new factory starts in Morocco in 2020

Alyaa Stohy Alyaa Stohy

Edita considers expansion in regional markets to boost sales, revenues

Company plans to enter new markets in sub-Saharan Africa, Asia

Daily News Egypt Daily News Egypt

Alhokair, Edita exit TBS acquisition deal

We are preparing to end the deal within two weeks, buyer acquires

Ahmed Farahat Ahmed Farahat

Actis sells its remaining stake in Edita after a four-year partnership

Despite the end of the partnership, both sides consider it a success

Farida Ismail Farida Ismail

Allegations against local companies may deter appetite for investing in Egypt

One of the first things foreign investors look at before injecting their

Hisham Salah Hisham Salah