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Edita’s Net Profit Rises 63% to EGP 1.5 Billion in H1 2026

Edita Food Industries reported strong financial and operational results for the period ended June 30, 2026, supported by solid demand, higher volumes, disciplined pricing, and regional expansion.

The company recorded consolidated revenues of EGP 6.5 billion in the second quarter of 2026, up 30.5% year-on-year. Growth was driven by continued volume expansion, strong demand across key segments, and the company’s strategy of shifting products into higher price points.

Gross profit rose 29.8% year-on-year to EGP 2.1 billion, while gross profit margin remained broadly stable at 33.0%, compared with 33.2% in Q2 2025.

EBITDA increased 30.3% to EGP 1.2 billion, with an EBITDA margin of 18.1%. Net profit rose 31.1% year-on-year to EGP 706.7 million, maintaining a net profit margin of 10.9%.

For the first half of 2026, Edita’s revenues increased 32.5% year-on-year to EGP 12.3 billion. Gross profit rose 38.3% to EGP 4.1 billion, with gross profit margin expanding to 33.9%, compared with 32.4% in the first half of 2025.

EBITDA grew 39.7% to EGP 2.2 billion, with the margin improving to 18.2% from 17.3%. Net profit jumped 63.0% year-on-year to EGP 1.5 billion, raising the net profit margin to 12.2%, compared with 9.9% in the same period last year.

Operational performance remained strong. In Q2 2026, the total number of packs sold increased 16.6% year-on-year to 1.1 billion packs, while total tonnage sold rose 23.9% to around 44.5 thousand tons.

For the first half, total packs sold rose 17.4% to 2.1 billion packs, while tonnage sold increased 29.8% to 86.5 thousand tons.

On the export side, net export sales reached EGP 623.8 million in Q2 2026, up 38.3% year-on-year and representing 9.6% of total revenues.

During the first half of 2026, net export sales rose 52.3% to EGP 1.17 billion, also representing 9.6% of total revenues.

Regionally, Edita Morocco generated revenues of EGP 301.3 million in H1 2026, up 7.2% year-on-year. In Iraq, the cake segment contributed EGP 72.5 million in revenues following the start of local production at the end of March 2026, marking the first contribution from local manufacturing in the company’s regional growth platform.

Hani Berzi, Chairman of the Group, said Edita maintained strong momentum in Q2 2026, achieving solid growth in both revenues and profitability. He noted that the results reflect strong demand, accelerating volume growth, the continued success of the company’s move toward higher price points, and disciplined cost management.

He added that the cake and bakery segments continued to drive growth, supported by positive momentum across emerging categories. The company also continued investing in long-term growth pillars, including capacity expansion, new product launches, and regional expansion, including local manufacturing in Iraq.

The results highlight Edita’s ability to convert strong consumer demand and volume growth into higher profitability, while expanding its presence beyond Egypt through exports and regional manufacturing platforms.