Edita reports 34.7% YoY growth in Q1 2026 consolidated revenue
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.
EGYPT – Edita Food Industries (EFID) reported a 101.67% year-on-year growth in consolidated net profits attributable to the parent company for the first quarter of 2026, achieving EGP 873.819 million (US$16.39M), versus EGP 433.286 million (US$8.13M) in the same period last year.
Sales amounted to EGP 5.770 billion (US$108.29M) in the three months ended March 31st, up from EGP 4.283 billion (US$80.39M) in the year-ago period.
Gross profit increased 48.7% year-on-year to EGP 2 billion (US $37.52M) in Q1 2026, with the gross profit margin improving to 34.9% from 31.6% in the same quarter of 2025.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 51.8% year-on-year to EGP 1.1 billion (US$20.65M), while the EBITDA margin expanded to 18.3% from 16.2% a year earlier.
The company also reported solid standalone results. Edita’s standalone net profits after tax came in at EGP 856.265 million (US$16.07M) during the January-March period of 2026, up from EGP 375.20 million (US$7.07M) in the same period a year earlier, while standalone sales rose to EGP 4.667 billion (US$87.89M) from EGP 3.338 billion (US$62.63M).
Diversification across product segments contributed meaningfully to the quarter’s performance.
Cakes revenues increased 35.9% y-o-y to EGP 3.1 billion (US$58.16M), driven by a 34.5% rise in tons sold alongside improved average pricing. Croissants delivered even stronger growth, with revenues rising 67.7% y-o-y to EGP 1.6 billion (US$30.02M), supported by a 73.1% increase in tons sold.
Revenues from the rusks segment rose 56.6% year-on-year, while candy revenues increased 19.2% compared to the same period last year.
On the regional front, net export sales reached EGP 549.7 million (US$10.32M) in Q1 2026, up 73.1% year-on-year, representing 9.5% of total revenues.
Edita Morocco generated revenues of EGP 154.6 million (US$2.90M) during the quarter, a 21.3% year-on-year increase, as the company continued to strengthen its distribution capabilities and expand its Moroccan presence.
Group Chairman Eng. Hani Berzi said the first-quarter performance reflects robust demand for the company’s products, continued success in price-point migration, and solid execution across the business, which together drove strong top-line growth and meaningful margin expansion.
He noted that the quarter also underscores the strength of the company’s portfolio, with core categories continuing to lead performance while emerging segments support further diversification.
Founded in 1996, Edita is an Egypt-based leader in the packaged snack food market, manufacturing, marketing, and distributing a range of branded baked snack products, including packaged cakes, croissants, rusks, and wafers, as well as selected confectionery and candy products.
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