{"id":628645,"date":"2018-05-09T04:19:01","date_gmt":"2018-05-09T04:19:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/09\/remd-targets-30-increase-in-sales-this-year\/"},"modified":"2018-05-09T04:19:01","modified_gmt":"2018-05-09T04:19:01","slug":"remd-targets-30-increase-in-sales-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/09\/remd-targets-30-increase-in-sales-this-year\/","title":{"rendered":"REMD targets 30% increase in sales this year"},"content":{"rendered":"<p>Confectioner REMD El Rashidy El Asly is targeting a 30% increase in its sales this year to reach EGP 260 mn, and plans to almost quadruple sales to EGP 1 bn by 2023, CEO Mohamed Kandil <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN1I90L0\">tells Reuters\u2019 Arabic service<\/a>. Kandil <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/08\/el-rashidy-el-asly-revives-ipo-plans\/\">had said yesterday<\/a> that REMD is also planning an IPO of 20% of the company\u2019s shares next year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Confectioner REMD El Rashidy El Asly is targeting a 30% increase in its sales this year to reach EGP 260 mn, and plans to almost quadruple sales to EGP 1 bn by 2023, CEO Mohamed Kandil tells Reuters\u2019 Arabic service. Kandil had said yesterday that REMD is also planning an IPO of 20% of the [&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":[9309],"tags":[2416,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628645","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"8496d382-62a2-4c50-9630-69d9b80473ee","order":"0","is_powered_by":true,"section_story_id":"0d0f81be-4442-40f1-873d-b0874f099d9f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[628613],"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>REMD targets 30% increase in sales this year - 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\/2018\/05\/09\/remd-targets-30-increase-in-sales-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"REMD targets 30% increase in sales this year\" \/>\n<meta property=\"og:description\" content=\"Confectioner REMD El Rashidy El Asly is targeting a 30% increase in its sales this year to reach EGP 260 mn, and plans to almost quadruple sales to EGP 1 bn by 2023, CEO Mohamed Kandil tells Reuters\u2019 Arabic service. Kandil had said yesterday that REMD is also planning an IPO of 20% of the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/09\/remd-targets-30-increase-in-sales-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-09T04:19:01+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/09\/remd-targets-30-increase-in-sales-this-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/09\/remd-targets-30-increase-in-sales-this-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"REMD targets 30% increase in sales this year\",\"datePublished\":\"2018-05-09T04:19:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/09\/remd-targets-30-increase-in-sales-this-year\/\"},\"wordCount\":62,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EnterpriseAM\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/09\/remd-targets-30-increase-in-sales-this-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/09\/remd-targets-30-increase-in-sales-this-year\/\",\"name\":\"REMD targets 30% increase in sales this year - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-05-09T04:19:01+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/09\/remd-targets-30-increase-in-sales-this-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/09\/remd-targets-30-increase-in-sales-this-year\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/09\/remd-targets-30-increase-in-sales-this-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"REMD targets 30% increase in sales this year\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"REMD targets 30% increase in sales this year - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/09\/remd-targets-30-increase-in-sales-this-year\/","og_locale":"en_US","og_type":"article","og_title":"REMD targets 30% increase in sales this year","og_description":"Confectioner REMD El Rashidy El Asly is targeting a 30% increase in its sales this year to reach EGP 260 mn, and plans to almost quadruple sales to EGP 1 bn by 2023, CEO Mohamed Kandil tells Reuters\u2019 Arabic service. 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The company expects sales to recover as consumers see improved purchasing power in the second half of the year. 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