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Edita’s consolidated profits inche up 0.12% YoY in 2024

Edita Food Industries (EFID) recorded a 0.12% year-on-year (YoY) uptick in consolidated profits attributable to the parent company in 2024 to EGP 1.633 billion versus EGP 1.631 billion.

Updated 3/10/2025 9:31:00 AM
Edita launches HOHOs family roll at EGP 18

Edita Food Industries has launched the HOHOs Family Roll under its HOHOs brand.

Updated 1/26/2025 3:15:00 AM
Edita enters Iraqi market with $8M acquisition deal of 49% stake in Tuama Jebur Abbas

Edita Food Industries has entered the Iraqi market by acquiring a 49% stake in Baghdad-based snack producer Tuama Jebur Abbas (TJA) through a capital increase worth $8 million.

Updated 1/19/2025 8:31:00 AM
Edita Trade & Distribution partners with Prisma Foods for Raw chips distribution

Edita Trade and Distribution has signed its first third-party distribution agreement with Prisma Foods to handle the nationwide distribution of Prisma’s kettle-cooked potato chips brand, Raw.

Updated 1/13/2025 8:31:00 AM
Edita mulls regional expansion plans, new investments 

Edita Food Industries (EFID) intends to expand in new regional markets through exports or other investments.

Updated 12/10/2024 11:15:00 AM
Edita’s consolidated profit inch down 0.89% YoY in 9 months

Edita Food Industries (EFID) recorded a 0.89% year-on-year (YoY) decline in consolidated profit attributable to the parent company during the first nine months of 2024.

Updated 11/26/2024 11:02:00 AM
Edita’s consolidated net profit hikes 6.46% YoY in H1

Edita Food Industries (EFID) reported an 6.46% year-on-year (YoY) hike in consolidated net profit attributable to the parent company for the first half (H1) of 2024.

Updated 8/14/2024 10:18:00 AM
Edita’s consolidated profits up 27% YoY in Q1 2024

Edita Food Industries (EFID) reported a 27% year-on-year (YoY) growth in consolidated net profits attributable to the parent company for the first quarter (Q1) of 2024, achieving EGP 506.254 million.

Updated 5/21/2024 10:57:00 AM
Banque Misr inks EGP 990M loan deal to back Edita’s expansion

Banque Misr and Edita Food Industries (EFID) have signed an eight-year loan contract worth EGP 990 million to finance the latter’s expansion plans.

Updated 5/21/2024 2:21:00 AM
Edita to pay EGP 0.4/share dividends in April

Edita Food Industries (EFID) has decided to pay EGP 0.428 per share in cash dividends to shareholders for 2023 on April 24th, a statement showed.

Updated 4/4/2024 9:44:00 AM
Edita considers acquiring Bisco Misr

Edita Food Industries (EFID) is interested in acquiring the provider of baked goods and confectioneries Bisco Misr.

Updated 4/1/2024 8:00:00 AM
Edita’s consolidated profits surge 59% YoY in 2023

Edita Food Industries (EFID) recorded a 59.1% year-on-year (YoY) surge in consolidated profits attributable to the parent company in 2023 to EGP 1.632 billion, versus EGP 1.026 billion.

Updated 3/4/2024 8:18:00 AM
Fawry FMCG, Edita collaborate to bolster e-collection systems

Fawry FMCG has signed a strategic partnership agreement with Edita Food Industries to provide innovative solutions to facilitate e-collection systems and digitize the sales collection cycle.

Updated 1/24/2024 1:24:00 AM
Edita plans to invest over EGP 1B in Egyptian market in 2024: Chairman

Edita Food Industries is planning to pump more than EGP 1 billion in investments into the local market in 2024, the firm’s Chairman Hani Berzi said.

Updated 12/21/2023 8:19:00 AM
Edita’s EGM OKs capital cut via writing off treasury shares

Edita Food Industries’ (EFID) extraordinary general meeting (EGM) has approved decreasing the company’s issued capital via writing off 23.045 million treasury shares at a par value of EGP 0.20 per share.

Updated 11/27/2023 9:34:00 AM
Edita to pay EGP 0.4/share dividends in November

Founded in 1996, Edita is an Egypt-based leader in the packaged snack food market that operates within the manufacturing, marketing, and distribution of a range of branded baked snack products, including packaged cakes, croissants, rusks, and wafers, as well as selected confectionery and candy products.

Updated 11/13/2023 9:42:00 AM
Edita’s consolidated profit balloons 89.3% YoY in 9 months

Edita Food Industries (EFID) recorded an 89.26% year-on-year (YoY) surge in consolidated profit attributable to the parent company during the first nine months of 2023, according to the firm’s financial statements issued on November 5th.

Updated 11/6/2023 7:43:00 AM
Edita’s board OKs capital cut

Founded in 1996, Edita is an Egypt-based leader in the packaged snack food market that operates within the manufacturing, marketing, and distribution of a range of branded baked snack products, including packaged cakes, croissants, rusks, and wafers, as well as selected confectionery and candy products.

Updated 10/12/2023 9:38:00 AM
Edita Food Industries starts operating frozen baked food segment

Founded in 1996, Edita is an Egypt-based leader in the packaged snack food market that operates within the manufacturing, marketing, and distribution of a range of branded baked snack products, including packaged cakes, croissants, rusks, and wafers, as well as selected confectionery and candy products.

Updated 10/9/2023 12:08:00 PM
Edita seals $45M loan agreement with IFC

Founded in 1996, Edita is an Egypt-based leader in the packaged snack food market that operates within the manufacturing, marketing, and distribution of a range of branded baked snack products, including packaged cakes, croissants, rusks, and wafers, as well as selected confectionery and candy products.

Updated 10/1/2023 10:49:00 AM