The growth was fueled by a strong rebound in volumes across core segments.
This growth was driven mainly by key segments such as Food ingredients, Taste and Health & Biosciences.
The downturn in performance is part of a larger trend affecting the packaged food industry.
Marico aims to achieve this target through strategic pricing actions.
UEFM is one of Egypt’s key grain processors, specializing in milling both local and imported wheat.