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03-Oct-2016

Domty’s sales to grow over 33% Y-o-Y in 3Q16, to restore profitability by 2Q17

Arabian Food Industries (Domty) [DOMT.CA] said it had achieved sales growth of more than 33% Y-o-Y in 3Q16. According to Domty's CEO, the company is targeting to return to the same levels of profitability achieved in 2015  by 2Q17.(Al Borsa)   Domty: EGP6.09 as of 29 September 2016, Rating: Buy, FV: EGP10.20 per share, MCap: USD194mn, DOMT EY / DOMT.CA

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