Edita Food Industries

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John Shepherd | 3 Mar 2017

Egypt-based bakery and snacks group Edita Food Industries has booked an 86.4% fall in full-year net profit for 2016 as FX losses continued to put earnings under pressure following a float of the Egyptian pound.

John Shepherd | 10 Nov 2016

Edita Food Industries, the Egypt-based bakery and snacks group, today (10 November) booked a 47.2% fall in third-quarter net profit, which it blamed on higher FX losses, increased provisions and higher interest expenses.

Dean Best | 27 Sep 2016

Egypt-based baked goods group Edita Food Industries today (27 September) named former Heineken executive Sameh Naguib as its new CFO.

Dean Best | 9 Aug 2016

Edita Food Industries, the Egypt-based baked goods group, today (9 August) booked a fall in half-year profits amid a deceleration in its sales growth and higher investment in marketing.

Dean Best | 27 Jul 2016

Edita Food Industries, the Egypt-based baked goods group, has announced the resignation of CFO Sherif Fathy.

Hannah Abdulla | 12 May 2016

Egypt-based baked goods manufacturer Edita Food Industries has reported lower first-quarter sales and profits.

Dean Best | 3 Mar 2016

Edita Food Industries, the Egypt-based baker, saw profits grow in 2015 on the back of increased sales and moves to launch higher-margin products as the company moved through the year.

Hannah Abdulla | 12 Nov 2015

Nine-month sales and profits at Egypt's Edita Food Industries have surged thanks to sales growth in all its categories, despite challenges in its domestic market.

Hannah Abdulla | 14 Aug 2015

This week's results included an upbeat US snack group Snyder's-Lance reporting higher second-quarter sales and profits, improved half-year revenue and earnings at seafood giant Thai Union and declines at an acquisitive SunOpta.

Dean Best | 13 Aug 2015

Edita Food Industries, the Egypt-based bakery group, is to set up a new manufacturing facility as it prepares to produce Hostess Brands LLC lines for more markets in the Middle East.

Katy Askew | 15 May 2015

This week's result round-up includes a positive start to the year for UK own-label group Bakkavor, better sales but pressure on profits for Canada's Weston Foods and a slide in revenue at French poultry group Duc.

Dean Best | 24 Apr 2015

The EUR2.6bn sale of European frozen food giant and Birds Eye owner Iglo Group grabbed the headlines this week - and we looked at where the new owners - Nomad Holdings - could look next. Blue Bell Creameries, the US ice cream maker linked to a fatal listeria outbreak, was in the spotlight for very different reasons, pulling all its products from the market after fresh tests.

Katy Askew | 20 Apr 2015

Egypt-based bakery group Edita Food Industries has expanded its ownership of Hostess Brands LLC's HoHo's, Twinkies and Tiger Tail brands to 12 additional Middle Eastern and North African markets.

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