Global Industry: Edita Food reports record-breaking results

Bremerhaven. (bm) Edita Food, a leader in the Egyptian packaged snack food market, announced its results for FY-2023 ended 31 December, recording revenues of 12.1 billion EGP (360.58 million EUR), up 58.1 percent versus 2022. At the net profit level, the company generated 1’506.6 million EGP (44,89 million EUR), up 57.0 percent y-o-y with an associated net profit margin of 12.4 percent. Other topics of the week:

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Corbion: announces full year 2023 results [NL] Thu 03-07
Lindt + Sprüngli: announces change in group management [CH] Thu 03-07
Campbell: Reports Second-Quarter Fiscal 2024 Results [US] Wed 03-06
Bunge Limited: Unveils Cocoa Butter Equivalent [US] Wed 03-06
Hormel Foods: Reports First Quarter 2024 Results [US] Wed 03-06
Nomad Foods: Reports Q4 and Full Year 2023 Financial Results [UK] Wed 03-06
Sainsbury’s: proposes changes to remove 1,500 roles [UK] Tue 03-05
GoTo Foods: Focus Brands Unveils New Name and Identity [US] Tue 03-05
SunOpta: Announces Fourth Quarter and Fiscal 2023 Financial Results [US] Tue 03-05
Papa Johns: Announces FY-2023 Financial Results [US] Tue 03-05
Edita Food: reports record-breaking FY-2023 results [EG] Mon 03-04
Fazer Group: appoints interim Chief Commercial Officer [FI] Mon 03-04
AB Foods: continued to trade well in Q1-2024 [UK] Mon 03-04
Utz Brands: Reports Q4 and Full-Year 2023 Results [US] Mon 03-04
Conagra: Agrees to Divest its Stake in Agro Tech Foods [US] Sat 03-02
FirstFarms: secures large capital injection [DK] Sat 03-02

Global Industry: Edita Food reports record-breaking results

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