Edita looking to invest capex of EGP350-400mn in 2017
Edita Food Industries (EFID.CA) is planning to invest between EGP350mn and EGP400mn in capex during 2017. Spending will be directed towards the company's new E08 factory in 6th of October, which is expected to be completed in 2Q17. (Mubasher) Edita Food Industries: EGP14.45 as of 10 January 2017, Rating: Neutral, TP: EGP11.80 per share, MCap: USD567mn, EFID EY / EFID.CA
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