Edita Food Industries SAE operates within the Retail bakeries sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Edita Food Industries SAE with three other
bakery and confectionary companies in Middle East:
Oman Flour Mills Company
sales of 94.05 million Omani Rial [US$244.29 million]
of which 48%
was Flour Mill),
Halwani Brothers Company JSC
of SAUDI ARABIA
(1.06 billion Saudi Arabian Riyals [US$281.28 million]
of which 100%
was Food Products), and
Zad Holding Company QPSC
based in QATAR
(1.20 billion Qatari Rial [US$327.78 million]
During the second
quarter of 2021, sales at Edita Food Industries SAE totalled
1.15 billion Egyptian Pounds.
an increase of 49.7%
from the 768.74 million Egyptian Pounds in sales at the company during the second quarter of 2020.
This was the biggest same quarter rise in sales at Edita Food Industries SAE in the previous 27 quarters.
During the first two
quarters of 2021, sales totalled 2.32 billion Egyptian Pounds, which is
than through the first two quarters of 2020.
Sales at Edita Food Industries SAE appear to have some seasonality: during each of the previous 7
years, sales have been highest during the fourth quarter, which has accounted for
between 27.1% and 32.8%
of the annual
During the year ended December of 2020, sales at
Edita Food Industries SAE were 4.02 billion Egyptian Pounds (US$255.86 million).
decrease of 0.1%
versus 2019, when the company's sales were 4.03 billion Egyptian Pounds.
Contributing to the drop in overall sales was the 27.0% decline
in Bake, from 394.24 million Egyptian Pounds to 287.78 million Egyptian Pounds.
There were also decreases in sales in
Cake (down 3.5% to 1.71 billion Egyptian Pounds)
Friska (down 0.3% to 336.16 million Egyptian Pounds)
However, these declines were partially offset by the increase in sales of
Croissant (up 10.7% to 1.51 billion Egyptian Pounds)
Mimix (up 1.6% to 157.57 million Egyptian Pounds)
Other (up 301.3% to 22.06 million Egyptian Pounds)