Edita Food Industries Co SAE 2022 AR2
The report highlights Edita's exceptional performance in 2022, delivering record-breaking financial results with revenues reaching EGP 7.7 billion, a 46.1% year-on-year increase. Despite global inflationary pressures and supply chain disruptions, the company expanded its production capacity, including a new bakery line in Egypt and a second cake production line in Morocco. Edita Morocco officially inaugurated its facility and captured a 10% market share in the Moroccan cake market. Additionally, the company advanced its ESG framework through its Sustainability Committee, focusing on energy efficiency, resource consumption, and community development through the Edita Foundation.
Company: Edita Food Industries Co SAE
Sector: Consumer Staples
Country: Egypt
Year: 2022
Type: AR2
Pages: 96
Edita Food Industries Co SAE
Annual Report
The report highlights Edita's exceptional performance in 2022, delivering record-breaking financial results with revenues reaching EGP 7.7 billion, a 46.1% year-on-year increase. Despite global inflationary pressures and supply chain disruptions, the company expanded its production capacity, including a new bakery line in Egypt and a second cake production line in Morocco. Edita Morocco officially inaugurated its facility and captured a 10% market share in the Moroccan cake market. Additionally, the company advanced its ESG framework through its Sustainability Committee, focusing on energy efficiency, resource consumption, and community development through the Edita Foundation.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees