Edita Food Industries (EFID.CA) is looking to increase prices of some of its products in the coming period, following the EGP floatation, said the company’s Chairman and CEO. While he sees the EGP float as a positive step towards achieving FX stability, he notes that Edita will have to reprice its products to maintain profitability, given that roughly c28% of its expenses are imported. On a another note, Edita is looking to increase the salaries of its employees as inflation spikes. No specific numbers regarding the increase in product prices or salaries were revealed. (Reuters)   Edita Food Industries: EGP12.09 as of 07 November 2016, Rating: Neutral, FV: EGP11.80 per share, MCap: USD531mn, EFID EY / EFID.CA