Egyptian dairy and juice firm Juhayna has reported a fall in full year net profits.

Net profits for 2014 fell to EGP170.1m (US$22.29m) from EGP328.3m a year earlier.

The firm pointed to negative impact on profit margins from increases in raw material prices that were not fully passed on to the consumer, as well as negative currency effects.

Sales however rose to EGP3.7bn from EGP3.3bn.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now