Earnings for the the first half of the year are beginning to roll in, with Edita and Orascom Development Egypt becoming the latest to publish their financials for the period.

EDITA SEES INCOME, REVENUES RISE IN 2Q-

Snackmaker Edita Food Industries saw its net income increase 72.1% y-o-y to EGP 539.0 mn in 2Q 2025, according to its earnings release (pdf). Bottom line growth was supported by higher interest income, cost efficiencies, and revenues increasing 22.2% y-o-y to EGP 5.0 bn on the back off higher price points.

Driving the growth: Revenues were bolstered by a 38.4% y-o-y increase in average price per pack, which outweighed a 11.7% y-o-y decline in packs sold — amounting to some 905 mn for the period. Its main segment cakes — accounting for 53.0% of revenue for the quarter — increased 22.6% y-o-y, while its second largest segment bakery — with a 27.6% share of total revenues — was up 20.9%, helping offset a 17.2% drop in revenues from its frozen segment.

Growth was also supported by its Moroccan arm, with Edita Morocco seeing revenues rise 44.3% y-o-y for the quarter to EGP 153.8 mn. The company’s exports also grew 47.7% y-o-y in the same period to EGP 451.0 mn.

On a six-month basis, net income was up 27.7% y-o-y to EGP 920.0 mn, while revenues increased 15.7% to EGP 9.2 bn during the same period. This was helped by a 41.9% increase in average price per pack, which helped offset a 18.4% drop in units sold.

Looking ahead: “Leveraging our solid brand equity and agility in adapting to new price points, we will continue to expand capacity and pursue strategic investments, positioning ourselves to capture growth opportunities in dynamic markets,” Group Chairman Hani Berzi said in an accompanying statement (pdf).

ORASCOM DEVELOPMENT SEES NET INCOME MORE THAN TRIPLE IN 1H-

Orascom Development Egypt recorded a 222% y-o-y increase in net income to EGP 3.0 bn in 1H 2025, according to the company’s latest earnings release (pdf). Revenues for the period saw a 12.9% y-o-y increase to EGP 11.5 bn.

Driving the growth: Growth was fueled by strong hotel revenues, which rose 45.5% y-o-y to EGP 2.7 bn, and commercial assets revenues were up 42.6% y-o-y to EGP 1.9 bn. Gains from the appreciation of the EGP versus last year’s post-devaluation losses also boosted net income, helping to offset real estate revenues falling 5.5% to EGP 5.4 bn due to strategic delivery scheduling at O West, though higher selling prices and strong international sales supported margins and cashflow.

On a quarterly basis, the company posted a net income of EGP 1.1 bn in 2Q 2025, marking a 45.2% y-o-y decrease. Revenues for the quarter dropped 15.7% y-o-y to reach EGP 5.1 bn. This drop in revenues was largely due to the absence of land sales compared to EGP 1.5 bn in 2Q 2024, according to the release.

What they said: “These achievements illustrate the strong discipline that guides our team in executing strategic plans, the agility with which we respond to market changes and challenges, and the long-term vision that informs our decision-making processes. Together, these elements contribute to a resilient business structure that can sustain progress and achieve future objectives,” the release notes.

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