Posted inEARNINGS WATCH

Juhayna, Edita report earnings

Juhayna saw its net income dip 34% y-o-y in 9M 2025

Earnings. Earnings. Dairy producer Juhayna and Edita are both out with their 3Q earnings.

EDITA’S NET INCOME ALMOST DOUBLES IN 3Q-

Snackmaker Edita Food Industries saw its net income increase 84.5% y-o-y in 3Q 2025 to EGP 659.2 mn, according to its latest earnings release (pdf). Revenues rose 40.4% y-o-y to EGP 5.5 bn, supported by a 17.4% increase in volumes sold to 972 mn packs and a 19.6% rise in average price per pack to EGP 5.65.

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Segment breakdown: The cakes segment remained the main revenue driver, rising 43.5% y-o-y to EGP 2.7 bn and accounting for about half of total revenues. The bakery segment followed with EGP 1.7 bn, up 33.3% y-o-y, representing roughly 31% of total sales. Export sales stood at EGP 545 mn, representing 10% of total revenues, while Edita Morocco contributed EGP 132 mn, up 8% y-o-y during the quarter.

What about its Iraqi operations? “We plan to start operations in Iraq at the end of this year and have already, to that end, moved a bakery line there alongside existing cake lines already in Iraq as part of the acquisition announced in January 2025,” said Edita Chief Investment and Corporate Affairs Officer Menna Shams El Din. “The acquisition of 49% of TJA in Iraq via an USD 8 mn capital increase is now closed,” she added.

On a 9M basis: Edita reported EGP 1.6 bn in net income during the first nine months of the year, up 42.7% y-o-y, with EGP 14.7 bn in revenues, marking a 23.9% y-o-y rise.

What they said: “Our third-quarter results mark another milestone in Edita’s growth journey, with record revenues, robust volume recovery, and enhanced profitability across all key metrics. The strength of our performance demonstrates the agility of our organization,” Chairman Hani Berzi said in a statement (pdf).

JUHAYNA SEES NET INCOME FALL IN 9M-

Dairy giant Juhayna saw its net income dip 34% y-o-y in 9M 2025 to EGP 1.6 bn, excluding FX losses, according to the company’s latest earnings release (pdf). “Although profitability appears lower when compared to last year’s exceptional results — which were boosted by unprecedented orange concentrate prices — it remains ahead of historical levels,” the release read.

Revenue increased 21% y-o-y to EGP 22.1 bn during the nine-month period, fueled by double-digit volume growth across the dairy, fermented products, and juice segments, along with price adjustments and record-high export sales of finished goods.

Zooming in: Net income fell 49% y-o-y during the third quarter of the year to EGP 491 mn, while revenues increased 16% y-o-y to hit a record high EGP 8 bn.

Looking forward: “We remain confident in the continued recovery of the Egyptian market and are proud of our deep connection with consumers. We are looking forward to opening additional foreign markets and expanding Juhayna’s global footprint,” the release read.

EGYPT OPERATIONS MAKE UP 27% OF VODACOM’S REVENUE-

Vodafone Group’s South African subsidiary Vodacom reported its strongest earnings growth in over a decade, with net income up 33.1% y-o-y to ZAR 9.1 bn in the six months ending 30 September, driven largely by strong performance in Egypt, according to the company’s latest results (pdf). “Egypt’s exceptional 42.3% local currency service revenue growth” was one of the company’s regional highlights for the period.

“Egypt produced yet another stellar performance that is largely all-encompassing with service revenue of ZAR 17.6 bn now contributing 26.8% to the group total. This was supported by a strong summer campaign, a 5.9% increase in Egypt’s customer base to 51.1 mn, NPS leadership, data traffic growth of 21.9% and the rapid adoption of Vodafone Cash,” CEO Shameel Joosub said.

Looking ahead: “As we roll-out this technology, we expect this will help sustain Egypt’s growth in the foreseeable future,” Joosub said.