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Edita Food Industries SAE (EFID.CA)

EFID.CA on Cairo Stock Exchange

19.99EGP
21 Apr 2019
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Latest Key Developments (Source: Significant Developments)

Egypt's Edita Food Says In Talks For Up To EGP 35 Mln Loan From IFC
Sunday, 24 Mar 2019 08:36am EDT 

March 24 (Reuters) - EDITA FOOD INDUSTRIES ::IN TALKS FOR UP TO EGP 35 MILLION LOAN FROM INTERNATIONAL FINANCE CORPORATION (IFC).SAYS LOAN PAYABLE IN INSTALLMENTS IN 5 YEARS.SAYS PURPOSE OF LOAN TO FINANCE GROUP'S CAPITAL EXPENDITURES IN EGYPT, AND EXPANSION PLAN IN MOROCCO AND OTHER COUNTRIES.SAYS LOAN IS ALSO TO FINANCE RESTRUCTURING THE PART OF CO'S CURRENT FINANCIAL DEBTS.  Full Article

Egypt's Edita Food Board Approves FY Dividend
Tuesday, 26 Feb 2019 10:36am EST 

Feb 27 (Reuters) - EDITA FOOD INDUSTRIES ::BOARD APPROVES DIVIDEND OF EGP 0.208 PER SHARE FOR YEAR 2018.  Full Article

Egypt's Edita Food Industries Q4 Profit Rises
Tuesday, 26 Feb 2019 10:30am EST 

Feb 26 (Reuters) - EDITA FOOD INDUSTRIES SAE ::Q4 CONSOL NET PROFIT EGP 128.3 MILLION VERSUS EGP 106.6 MILLION YEAR AGO.Q4 CONSOL REVENUE EGP 1.08 BILLION VERSUS EGP 958 MILLION YEAR AGO.  Full Article

Egypt's Edita Food Q1 Profit Rises
Monday, 14 May 2018 10:38am EDT 

May 14 (Reuters) - EDITA FOOD INDUSTRIES SAE ::Q1 NET PROFIT EGP 60.9 MILLION VERSUS EGP 40.4 MILLION YEAR AGO.Q1 REVENUE EGP 886.1 MILLION VERSUS EGP 642.4 MILLION YEAR AGO.  Full Article

Edita Food Signs MOU With Dislog Group to Establish JV in Morocco
Sunday, 10 Dec 2017 08:32am EST 

Dec 10 (Reuters) - EDITA FOOD INDUSTRIES ::SIGNS MOU WITH MOROCCO'S DISLOG GROUP TO INCORPORATE EDITA FOOD INDUSTRIES-MOROCCO‍​ TO MANUFACTURE AND DISTRIBUTE EDITA'S PRODUCTS.TERMS OF AGREEMENT STIPULATE THAT EDITA WILL BE MAJORITY OWNER OF THE VENTURE WITH 51 PERCENT STAKE.COMMERCIAL OPERATIONS WILL BEGIN IN EARLY 2018 WITH EXPORTS OF EDITA’S PRODUCTS TO MOROCCO‍​.SECOND STAGE WILL ENTAIL ESTABLISHMENT OF MANUFACTURING FACILITY IN 2019 WITH INITIAL INVESTMENT ESTIMATED AT AROUND $10 MILLION.  Full Article

Edita Food Industries Q3 profit up 47.4 pct YOY
Monday, 13 Nov 2017 01:45am EST 

Nov 13 (Reuters) - EDITA FOOD INDUSTRIES :Q3 NET PROFIT EGP 66.7 MLN UP 47.4 PERCENT YEAR-ON-YEAR.Q3 Revenue EGP 832.2 MILLION UP 35.8 PERCENT YEAR-ON-YEAR.  Full Article

Edita Food Industries commissions second production line at E08 factory
Tuesday, 24 Oct 2017 02:51am EDT 

Oct 24 (Reuters) - EDITA FOOD INDUSTRIES :COMMISSIONS ITS SECOND PRODUCTION LINE AT ITS E08 FACTORY, LAUNCHES NEW PRODUCT TODO DONUTS.  Full Article