Edita Food Industries

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Edita invests in new production line as snacks maker expands Freska range

28 May 2019

Egypt-based Edita Food Industries has invested EGP14m (US$831,000) in a new production line as the snacks maker seeks to grow its market share.

Egypt's Edita Food Industries takes full control of confectionery venture

11 Apr 2019

Egypt's Edita Food Industries has taken full control of its confectionery subsidiary after buying out a minority interest.

Earnings summary - George Weston food division results hit by FX, restructuring; Pinnacle Foods profits underpinned by tax reform; Land O'Lakes "record'' profits; Hostess Brands hails "strong finish" to 2017

2 Mar 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Earnings summary - Conagra Brands sees income rise; General Mills revises full-year guidance

21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Egypt's Edita enters $10m joint venture agreement in Morocco

11 Dec 2017

Egypt's Edita Food Industries has signed a memorandum of understanding with Morocco's Dislog Group to form a US$10m joint venture.

Egypt's Edita launches new doughnut line at its E08 factory

24 Oct 2017

Egypt's Edita Food Industries has fired up a second production line at its E08 factory and launched another product, Todo Donuts.

Edita posts loss as higher inflation, interest costs bite

27 Jul 2017

Egypt's Edita Food Industries turned to a loss in the second quarter after higher inflation pushed up costs and interest expenses weighed on profits.

Edita Food Industries sees gains from price hikes

11 May 2017

Egyptian baked snack food manufacturer Edita Food Industries saw its revenues and earnings both jump by nearly a quarter in the first three months of 2017.

Edita Food full-year profits hit by FX losses

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.

Edita Food Q3 profit down on FX losses, provisions

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.

Edita Food Industries names ex-Heineken executive Sameh Naguib CFO

27 Sep 2016

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

Edita Food Industries profits fall on marketing, slowing sales

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.

Edita Food Industries CFO Sherif Fathy quits

27 Jul 2016

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

Edita Food Industries Q1 profits down on forex, sales dip

12 May 2016

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

Edita Food Industries profits up on sales, NPD

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.

Edita Food posts 9M sales, profit jump

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.

Food industry results in brief - Snyder's-Lance, Thai Union, SunOpta

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.

Edita Food Industries to build new plant in Hostess Brands push

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.

Food industry results in brief: Bakkavor, Weston, Duc

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.

Food industry news of the week: Iglo, Blue Bell Creameries, Hershey

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.

Edita acquires MENA rights to Hostess brands

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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