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12-Aug-2018

Juhayna rules out price increases to offset higher fuel, energy costs

Juhayna Food Industries [JUFO.CA] is not looking to increase its prices in response to the latest energy and fuel price hike, External Communications Head Passant Fouad said. Energy costs are a small portion of the company’s overall costs, she added. 
 
Juhayna: EGP12.61 as of 9 Aug. 2018, Rating: Buy, TP: EGP14.50/share, MCap: USD665mn, JUFO EY/JUFO.CA
 

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