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27-Oct-2016

Edita resumes production at Beni Suef plant, following release of confiscated sugar stock

Edita Food Industries (EFID.CA) announced that production has resumed at its Beni Suef candy plant after the Prosecutor General’s Office had ordered the release of the 2,000 tonnes of confiscated sugar stock, which represented three weeks’ raw material input for the company’s production lines. (Company disclosure)   Edita Food Industries: EGP8.41 as of 26 October 2016, Rating: Neutral, FV: EGP11.80 per share, MCap: USD687mn, EFID EY / EFID.CA

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