Financials & Economy

The Moroccan fertilizer producer says currency changes, lower sales volumes, and tensions in the Middle East affected first-quarter results, even as demand for phosphate fertilizers stayed firm in key markets.

The results reflected a company navigating difficult macroeconomic headwinds while pressing ahead with its long-term brand strategy.

The company also linked the move to stronger soybean processing results and recent growth in its US operations.

Together, the new finance leadership in Sub Saharan Africa, strong Q1 financials, and the Oreo Golden launch illustrate Mondelēz’s strategy of coupling regional financial discipline with consumer led innovation in high growth markets.

Edita delivered a strong start to the year, with consolidated revenues increasing 34.7% year-on-year to EGP 5.8 billion (US$108.82 M) in 1Q2026, reflecting robust volume growth, continued price-point migration, and sustained demand momentum across key categories.