Edita 2Q16: Headline earnings fall 38% Y-o-Y on margin pressures; below estimate
Recurring net income: EGP47.6mn, -28% Y-o-Y, -28% Q-o-Q, -44% vs. EFGe Net income: EGP40.9mn, -38% Y-o-Y, 30% Q-o-Q, -52% vs. EFGe Revenue: EGP550.2mn, +7% Y-o-Y, 6% Q-o-Q, -5% vs. EFGe EBITDA: EGP95.6mn, -17% Y-o-Y, -1
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