• Monday, 11 March 2019

    Edita plans to invest EGP 450 mn in 2019

    INVESTMENT WATCH- Edita plans to invest EGP 450 mn in 2019: Edita is planning to invest EGP 450 mn on its expansion in Morocco and in adding new production lines in its Egypt facilities, the company said in a bourse...
  • Sunday, 2 December 2018

    Edita eyes 10% growth in exports over the next two years

    Edita is planning to grow its exports by 10% over the next two years, CEO and Chairman Hani Berzi said, according to Al Shorouk. The company has an “ambitious” plan in place to expand its footprint in local and international...
  • Tuesday, 27 November 2018

    Edita to buy out shareholder in subsidiary

    M&A WATCH- Edita to acquire minority partner’s stake in candymaking subsidiary in EGP 60 mn transaction: Edita is buying out Confindal Ltd’s 22.27% stake subsidiary Edita Confectionary Co. in a transaction worth EGP 60 mn, Chairman Hani Berzi told Al...
  • Wednesday, 31 October 2018

    Egypt food maker Edita reports 3Q2018 results

    EARNINGS WATCH- Edita Food Industries recorded a net profit of EGP 89.4 mn in 3Q2018, up 34.1% y-o-y, up from EGP 66.7 mn, according to the company’s earnings release (pdf). Net revenue for the quarter was up 22.2% to EGP...

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