{"id":548596,"date":"2022-08-15T04:00:35","date_gmt":"2022-08-15T04:00:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/editas-new-production-line-is-online\/"},"modified":"2022-08-15T04:00:35","modified_gmt":"2022-08-15T04:00:35","slug":"editas-new-production-line-is-online","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/editas-new-production-line-is-online\/","title":{"rendered":"Edita\u2019s new production line is online"},"content":{"rendered":"<p><strong>Edita Food Industries has started operations at its new <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/298b79e6-49e1-4d33-bb23-ffcd79261c06\">EGP 135 mn production<\/a><\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/298b79e6-49e1-4d33-bb23-ffcd79261c06\">line<\/a><\/strong>, which is set to increase Edita\u2019s production of baked goods by 20% (11 mn tons) a year, the company said in an <a href=\"https:\/\/ent.news\/2022\/8\/%D8%A7%D9%8A%D8%AF%D9%8A%D8%AA%D8%A7-%D8%A8%D9%8A%D8%A7%D9%86-14-08-2022.pdf\">EGX disclosure (pdf)<\/a> yesterday. This marks the company\u2019s eighth production line for its baked goods segment and comes amid rising demand for its Molto range. The company had <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0c91bcc7-534c-429b-bdfe-d78a797de765\">pledged some EGP 400 mn<\/a> this year in investments for production expansion in Egypt and Morocco.<\/p>\n<p><em>CORRECTION- This story was corrected on 15 August, 2022 to reflect the following changes: Edita's new production line is increasing its baked goods production by 11 mn tons per year. This is not the new total capacity. The company's EGP 400 mn investment is also going towards overall production expansion in Egypt and Morocco, not specifically for its wafer segment.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Edita Food Industries has started operations at its new EGP 135 mn productionline, which is set to increase Edita\u2019s production of baked goods by 20% (11 mn tons) a year, the company said in an EGX disclosure (pdf) yesterday. This marks the company\u2019s eighth production line for its baked goods segment and comes amid rising [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7255],"tags":[191,72,125,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-548596","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-edita","tag-enterpriseam","tag-investment-watch","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"bab78605-9c9e-4b65-993b-2a1249fa2dd9","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[548585],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Edita\u2019s new production line is online - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/editas-new-production-line-is-online\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Edita\u2019s new production line is online\" \/>\n<meta property=\"og:description\" content=\"Edita Food Industries has started operations at its new EGP 135 mn productionline, which is set to increase Edita\u2019s production of baked goods by 20% (11 mn tons) a year, the company said in an EGX disclosure (pdf) yesterday. This marks the company\u2019s eighth production line for its baked goods segment and comes amid rising [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/editas-new-production-line-is-online\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-15T04:00:35+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/editas-new-production-line-is-online\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/editas-new-production-line-is-online\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Edita\u2019s new production line is online\",\"datePublished\":\"2022-08-15T04:00:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/editas-new-production-line-is-online\/\"},\"wordCount\":143,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Edita\",\"EnterpriseAM\",\"investment watch\",\"Manufacturing\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/editas-new-production-line-is-online\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/editas-new-production-line-is-online\/\",\"name\":\"Edita\u2019s new production line is online - 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EGP 400 mn in 2022 expansion","author":"enterpriseam admin","date":"26 January 2022","format":false,"excerpt":"Edita Food Industries will invest around EGP 400 mn to add new production lines for its baked goods and wafers segments in 2022, IR director Menna Shams El Din told Enterprise. Some of the investment will also be earmarked for expanding operations at its recently inaugurated HoHos cake production facility\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/342.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544446,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/03\/editas-net-income-up-nearly-57-in-2021\/","url_meta":{"origin":548596,"position":1},"title":"Edita\u2019s net income up nearly 57% in 2021","author":"enterpriseam admin","date":"3 March 2022","format":false,"excerpt":"Edita Food Industries\u2019 net income jumped 56.5% y-o-y in FY2021, reaching EGP 473 mn, according to the company\u2019s preliminaryearnings release (pdf). Revenues increased by nearly 31% y-o-y, recording EGP 5.25 bn on the back of better pricing and sales volumes, the company said, adding that FY2021 volumes surpassed pre-covid levels,\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/41.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":587706,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/31\/editas-net-income-more-than-doubles-in-1q-2023\/","url_meta":{"origin":548596,"position":2},"title":"Edita\u2019s net income more than doubles in 1Q 2023","author":"enterpriseam admin","date":"31 May 2023","format":false,"excerpt":"Demand continued to grow even as Edita ramped up prices","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1639.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545564,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/04\/edita-inaugurates-its-moroccan-production-facility\/","url_meta":{"origin":548596,"position":3},"title":"Edita inaugurates its Moroccan production facility","author":"enterpriseam admin","date":"4 April 2022","format":false,"excerpt":"Edita Food Industries has officially inaugurated its Moroccan plant, according to a company statement(pdf). The snackfoods giant started operations in December at the facility, which is the company\u2019s first greenfield investment outside of Egypt and marks its transformation from manufacturer that exports to a host of regional markets into a\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/112.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558278,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/03\/earnings-watch-edita-etisalat-misr\/","url_meta":{"origin":548596,"position":4},"title":"Earnings watch: Edita, Etisalat Misr","author":"enterpriseam admin","date":"3 August 2021","format":false,"excerpt":"Edita\u2019s bottom line surged over twenty five-fold y-o-y in 2Q2021 to EGP 83 mn from EGP 3.1 mn in the previous year, driven by \u201cstrong top line growth,\u201d new product launches and recovering consumption, the company said in an earnings release (pdf). The snackfood maker\u2019s top line grew almost 50%\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":555107,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/02\/edita-to-kickoff-production-in-morocco-within-days-egypt-operation-looks-to-expand-bakery-capacity-in-early-2022\/","url_meta":{"origin":548596,"position":5},"title":"Edita to kickoff production in Morocco within days, Egypt operation looks to expand bakery capacity in early 2022","author":"enterpriseam admin","date":"2 November 2021","format":false,"excerpt":"Edita\u2019s first production line in Morocco will be up and running within days, IR director Menna Shams El Din confirmed to Enterprise yesterday. 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