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07 June 08:56 PM

Edita Food Industries SAE (EFID)

Last update: 01:28 PM market time.
28.73
-0.12
-0.41%
Open 29.08
Previous Close 29.08
High 29.08
Low 28.61
Stock Statistics
Volume 694,945
Turnover 20,029,866.00
All data are 15 minutes late during market session

News

(Photo credit: Arabianeye - Reuters)
12 March 2017 00:15 PM Edita OGM to discuss 15 piasters/shr dividends 28 March
Cairo – Mubasher: Edita Food Industries said Sunday that it will hold an ordinary general meeting (OGM) on 28 March to discuss distributing cash dividends of 15 piasters per share for fiscal year 2016, totalling EGP 108.7 million. The OGM will …
Cash Dividends
Beltone recommended raising investment positions (Photo Credit: Arabianeye-Reuters)
3 March 2017 11:20 AM Beltone maintains Edita FV, recommends ‘Buy’
Cairo – Mubasher: Beltone financials has maintained the fair value of Edita Food Industries at EGP 19.31 per share, with a recommendation of ‘Buy’, according to a recent statement. Beltone clarified that Edita achieved strong financials’ …
Stock Evaluations
Photo Credit: Arabianeye-Reuters
1 March 2017 08:22 PM Raise in Edita prices to be seen in Q1 - Pharos
Cairo - Mubasher: Pharos Research said in a report on Wednesday that Edita Food Industries continued with its price point migration strategy, which resulted in a segment-weighted average price sequential increase of 28.2%. Despite the effective …
Macroeconomics
Standalone profits for 2016 fell 26.93% (Photo credit: Arabianeye - Reuters)
1 March 2017 11:22 AM Edita consolidated profits down 79% in Q4
Cairo – Mubasher: Edita Food Industries said Wednesday that its consolidated profits for the fourth quarter of fiscal year 2016 dropped 78.7% to EGP 29.15 million from EGP 137 million for Q4-15. Consolidated profits for fiscal year 2016 declined …
Corporate Actions
Beltone raises Edita FV to EGP 19.31/shr
24 January 2017 02:29 PM Beltone raises Edita FV to EGP 19.31/shr
Cairo – Mubasher: Beltone financials’ Research Department raised the fair value of Edita Food Industries from EGP 13.14 per share to EGP 19.31 per share, while assigned it a hold recommendation. Beltone reviewed Edita evaluation as the leading …
Stock Evaluations
Edita plans to inject nearly EGP350m in investments in 2017
10 January 2017 11:20 AM Edita plans to inject nearly EGP350m in investments in 2017
Cairo - Mubasher: Edita Food Industries plans to invest nearly EGP 350 million to EGP 400 million in 2017, said CEO Hani Berzi, according to the newsletter of Enterprise. “The opportunities we have today won’t come free of charge. Consumers are …
Companies Investments
Edita's profit share from Digma Trading
27 December 2016 00:20 PM Edita's profit share from Digma Trading
Cairo – Mubasher: Edita Food Industries said it expects profit share of EGP 128.05 million from its subsidiary Digma Trading. The ordinary general meeting of Digma Trading approved distributing dividends to shareholders according to the financial …
Cash Dividends
Edita is reassessing plans to establish a new factory - (Photo Credit: Arabianeye-Reuters)
14 December 2016 10:02 PM Edita to raise prices by 20-50%
By: Mostafa Adel Cairo - Mubasher: Edita Food Industries will raise the price of its products by 20% to 50%, the company’s public relations manager, Menna Shams El Din, told Mubasher on Wednesday. Edita is trying to adapt to the exchange rates …
Corporate Actions
Kingsway Fund thus has raised its stake in Edita to 5.18% - Photo Credit: Reuters
20 November 2016 01:51 PM Kingsway Fund ups stake in Edita
Cairo – Mubasher: Edita Food Industries said Sunday that Kingsway Fund - Frontier Consumer Franchises has purchased 199,600 global depositary receipts worth $3.59 million (EGP 63.7 million). This amount is equivalent to 998,000 shares in the food …
Corporate Actions
the company earned EGP 139.016 million in 9M - Photo Credit: Company's Website
10 November 2016 11:32 AM Edita Q3 profits fall 39.5%
Cairo – Mubasher: Edita Food Industries posted a 39.5% decrease in Q3 profit as registering EGP 51.75 million, compared with EGP 85.66 million for the year-ago period. Over the first nine months, the company earned EGP 139.016 million, lower 40.6% …
Financial Results
Authorities released the company's sugar stocks - (Photo Credit: Arabianeye-Reuters)
26 October 2016 05:32 PM Edita: Beni Suef factory to resume working
By: Mostafa Adel Cairo - Mubasher: Egyptian authorities have released Edita Food Industries' sugar stocks that were seized yesterday from Beni Suef factory, the company’s investors relations Manager Menna Shams El-Din told Mubasher on Wednesday. …
Corporate Actions
This amount was legally purchased from an authorized distributor - Photo Credit: Reuters
24 October 2016 10:26 AM Egypt authorities raid on Edita's Beni Suef factory
Cairo – Mubasher: Egyptian authorities seized 2,000 tons of sugar stocks at Edita Food Industries' Beni Suef factory, said Hani Berzi, chairman and managing director.   "Annually, production capacity reaches 140,000 tons, while the company needs …
Macroeconomics
The second 7.5-year financing is at €6 million - Photo Credit: Reuters
5 October 2016 11:22 AM Edita secures EGP 229.5 loans
Cairo – Mubasher: Edita Food Industries has been granted two medium-term loans from the Arab Bank, a bourse filing revealed on Wednesday. The first moneylending is worth EGP 170 million repayable in seven years, including the grace period, for the …
Banking and Finance
Edita Food Industries - (Photo Credit: Company website)
9 August 2016 01:11 PM Pharos keeps Edita FV at EGP 14.60/shr
Cairo – Mubasher: Pharos Research said it kept its fair value (FV) for Edita Food Industries at EGP 14.60 per share, with a 'Hold' recommendation. Edita's net profit after tax and minority interest closed 2Q - 2016 at EGP 41.6 million, down 37.9% …
Stock Evaluations
Edita's headquarters - Photo Credit: The Company's Website
9 August 2016 10:41 AM Edita posts lower Q2 profits
Cairo – Mubasher: Edita Food Industries said Tuesday that its consolidated profits for the second quarter of 2016 decreased by 28% year-over-year to EGP 48 million ($5.39 million) from EGP 66.9 million ($7.5 million), according to a bourse filing. …
Financial Results
Photo Credit: Arabianeye-Reuters
3 August 2016 05:16 PM Edita buys EGP 19m land for new factory
Cairo - Mubasher: Edita Food Industries announced on Wednesday acquiring a EGP 19 million plot of land, to establish a new factory, according to a bourse filing. The lot’s area is 12,800 square meter, and it’s located in the industrial zone in 6th …
Companies Investments
Edita Headquarters (Photo Credit: Company's Website)
6 June 2016 09:22 AM Africa Samba cuts stake in Egypt's Edita
Cairo – Mubasher: Edita Food Industries said Sunday that Africa Samba BV has sold 50.74 million shares in Egypt's snack maker at EGP 17.85 each, totaling EGP 905.76 million.   The investor's stake is thus reduced to 8% from 15% of the company's …
Companies Investments
Actis still has a 7.5% stake in Edita (Photo Credit: Reuters)
31 May 2016 02:04 PM Private firm Actis sells 50% stake in Egypt’s Edita
By Mostafa Adel Cairo – Mubasher: Private equity firm Actis has sold half of its stake in Egypt’s Edita Food Industries at EGP 900 million ($101 million), said Menna Shams El Din, Investor Relations & Business Development Manager. The …
Companies Investments
Edita consolidated and unconsolidated profits down in Q1 (Photo Credit: Reuters)
12 May 2016 11:58 AM Edita Q1 profits shrink to EGP 39m
Cairo – Mubasher: Edita Food Industries said its consolidated profits for FY16 first quarter declined 52% year-over-year to EGP 39.2 million ($4.4 million) from EGP 81.3 million ($9.1 million). Meanwhile, its standalone profits reached EGP 19.5 …
Financial Results
Shareholders agreed on distributing 1-for-1 bonus shares (Photo Credit: Reuters)
11 May 2016 01:00 PM Record date for Edita bonus shares 25 June
Cairo – Mubasher: Edita Food Industries said shareholders of record till 25 May would be entitled to FY15 bonus share distribution, according to a bourse filing. Earlier, the ordinary general meeting gave the green light to distributing EGP153.6 …
Corporate Actions
EGP72.5 million is added to the paid-in and issued capital (Photo Credit: Reuters)
6 April 2016 11:05 AM Record date for Edita dividends 18 April
Cairo – Mubasher: Edita Food Industries said shareholders of record until 18 April would receive FY15 cash dividends starting from 21 April 2016. Earlier, the ordinary meeting approved paying out dividends at EGP0.223 per share, totaling EGP153.6 …
Cash Dividends
EGP72.5 million is added to the paid-in and issued capital (Photo Credit: Reuters)
31 March 2016 00:15 PM Edita shareholders approve cash dividends, bonus shares
Cairo – Mubasher: The ordinary general meeting of Edita Food Industries gave the green light to distributing cash dividends as well as 1-for-1 bonus shares for 2015.   The ordinary meeting approved paying out dividends at EGP0.223 per share, …
Cash Dividends
Photo Archive
10 March 2016 00:53 PM Edita shareholders to discuss dividend payout 30 March
Cairo-Mubasher: Edita Food Industries will hold its ordinary general meeting on 30 March, to discuss the proposed dividends and bonus share distribution for 2015. The board earlier recommended cash dividends for 2015 at EGP 0.223 a share and a …
General Assembly
Photo Credit: Arabianeye- Reuters
3 March 2016 10:56 AM Edita proposes EGP 154m cash dividend, bonus shares
Cairo – Mubasher: The board of directors of Edita Food Industries proposed distributing cash dividends of EGP 0.223 per share. and bonus shares at 1 for 1, at total amount of EGP 153.6 million for the fiscal year ended 31 December 2015. The total …
Financial Results
Photo Credit: Arabianeye - Reuters
12 November 2015 11:01 AM Edita 9-month profits up 29%
Cairo - Mubasher: Edita Food Industries reported net profits of EGP 233.9 million for the first nine months of 2015, up 29.9% from EGP 180.1 million for the similar period a year earlier. Meanwhile, the unconsolidated financial statements for this …
Financial Results