Arab Finance: Edita Food Industries (EFID) reported a 101.67% year-on-year (YoY) growth in consolidated net profits attributable to the parent company for the first quarter (Q1) of 2026, achieving EGP 873.819 million, versus EGP 433.286 million, as per a disclosure.
Sales amounted to EGP 5.770 billion in the three-month period ended March 31st, up from EGP 4.283 billion in the year-ago period.
Edita’s standalone net profits after tax came in at EGP 856.265 million during the January-March period of this year, up from EGP 375.20 million in the same period a year earlier.
Meanwhile, standalone sales rose to EGP 4.667 billion from EGP 3.338 billion.
Founded in 1996, Edita is an Egypt-based leader in the packaged snack food market.
It manufactures, markets, and distributes a range of branded baked snack products, including packaged cakes, croissants, rusks, and wafers, as well as selected confectionery and candy products.
