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English news

03-Aug-2016

ORWE 2Q16: Recurring earnings surge 56% as margin expansion story sees the light, rebate improves; ahead of EFGe  

Recurring earnings: EGP168mn, +56% Y-o-Y, +5% Q-o-Q, +11% vs. EFGe Revenue: EGP1548.8mn, +1% Y-o-Y, +6% Q-o-Q, -4% vs. EFGe EBITDA (inc. rebate): EGP309mn, +35% Y-o-Y, +8% Q-o-Q, +8% vs. EFGe   Oriental Weavers (OW) 2Q16 reporte

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