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Edita Food Industries SAE (EFID.CA)

EFID.CA on Cairo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Egyptian Exchange Says Quantum Investment Raises Stake In Edita Food To 40 Pct
Wednesday, 11 Apr 2018 09:13am EDT 

April 11 (Reuters) - EGYPTIAN EXCHANGE::QUANTUM INVESTMENT BUYS 50.8 MILLION SHARES OF EDITA FOOD FOR EGP 1.02 BILLION FROM BERCO LIMITED.EGYPTIAN EXCHANGE SAYS QUANTUM INVESTMENT RAISES STAKE IN EDITA FOOD TO 40 PERCENT.  Full Article

FRA Exempts Quantum Investment From Mandatory Offer For 7 Pct Stake In Edita Food
Tuesday, 10 Apr 2018 04:17am EDT 

April 10 (Reuters) - EDITA FOOD INDUSTRIES ::EXEMPTS QUANTUM INVESTMENT FROM MAKING MANDATORY OFFER FOR 7 PERCENT STAKE IN EDITA FOOD.  Full Article

Edita Food Partners With Dislog Group for Morocco‍​ Food Production Plant
Wednesday, 14 Mar 2018 03:52am EDT 

March 14 (Reuters) - EDITA FOOD INDUSTRIES ::SIGNS PARTNERSHIP AGREEMENT WITH DISLOG GROUP TO SET UP LIGHT FOOD PRODUCTION PLANT IN MOROCCO‍​.  Full Article

Egypt's Edita Food Board Approves FY Dividend
Tuesday, 27 Feb 2018 02:23am EST 

Feb 27 (Reuters) - EDITA FOOD INDUSTRIES ::BOARD APPROVES FY CASH DIVIDEND OF EGP 0.117 PER SHARE.  Full Article

Egypt's Edita Food Posts Q4 Profit
Monday, 26 Feb 2018 10:25am EST 

Feb 26 (Reuters) - EDITA FOOD INDUSTRIES ::Q4 CONSOL NET PROFIT EGP 106.6 MILLION VERSUS LOSS OF EGP 72.1 MILLION YEAR AGO.Q4 CONSOL REVENUE EGP 958 MILLION VERSUS EGP 821.7 MILLION YEAR AGO.SAYS CAPEX OUTLAY DURING FY 2017 TOTALLED EGP 572.9 MILLION‍​.  Full Article

Edita Food Industries Launches Todo Mini Muffins
Thursday, 1 Feb 2018 09:45am EST 

Feb 1 (Reuters) - EDITA FOOD INDUSTRIES ::LAUNCHES MINI MUFFINS UNDER TODO BRAND, RELEASE OF ADDITIONAL VARIANTS ON THIS PRODUCT IS PLANNED FOR FUTURE.TODO MINI MUFFINS WILL BE PRICED UNDER EGP 5 AND ARE PART OF EDITA’S CAKE SEGMENT, A KEY CONTRIBUTOR TO CO'S REVENUES IN 2017.  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

Egypt's Edita Food swings to loss in Q2
Thursday, 27 Jul 2017 12:18am EDT 

July 27 (Reuters) - EDITA FOOD INDUSTRIES ::Q2 NET LOSS EGP 1.7 MILLION VERSUS PROFIT OF EGP 41.6 MILLION YEAR AGO.Q2 REVENUE EGP 611.6 MILLION VS EGP 550.2 MILLION YEAR AGO.  Full Article