Domty signs new USD10mn contract to supply white cheese to Russia
Domty (DOMT.CA) announced that it had signed its third contract to supply Tetra Pak-packaged white cheese products in the Russian market with Russkoe Moloko. The USD10mn contract is expected to be fulfilled by end of 2017, bringing the total value of contracts which Domty signed with three different Russian companies to USD40mn. (Company disclosure) Domty: EGP8.74 as of 16 May 2016, Rating: Buy, FV: EGP14.30 per share, MCap: USD246 million, DOMT EY / DOMT.CA
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