{"id":646025,"date":"2017-06-04T04:06:28","date_gmt":"2017-06-04T04:06:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/04\/juhayna-sales-volume-drop-20-30-y-o-y-ramadan-to-provide-bump\/"},"modified":"2017-06-04T04:06:28","modified_gmt":"2017-06-04T04:06:28","slug":"juhayna-sales-volume-drop-20-30-y-o-y-ramadan-to-provide-bump","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/04\/juhayna-sales-volume-drop-20-30-y-o-y-ramadan-to-provide-bump\/","title":{"rendered":"Juhayna sales volume drop 20-30% y-o-y, Ramadan to provide bump"},"content":{"rendered":"

Juhayna says its sales volume across all offerings dropped 20-30% y-o-y, but its market share remains intact, the company\u2019s management said in its 1Q2017 earnings call. The call\u2019s notes from Pharos Holding say that \u201cmanagement has indicated that volumes improved in April, and in line with expectations, so far May is the best month in 2017 due to Ramadan preparations and June is expected to even be a better month as Ramadan-effect kicks in.\u201d Juhayna said in the call, also covered in Al Borsa<\/a>, that it will invest EGP 400 mn this year, not in expansion, but in maintaining production levels.<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"

Juhayna says its sales volume across all offerings dropped 20-30% y-o-y, but its market share remains intact, the company\u2019s management said in its 1Q2017 earnings call. The call\u2019s notes from Pharos Holding say that \u201cmanagement has indicated that volumes improved in April, and in line with expectations, so far May is the best month in […]<\/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-646025","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"dd66ab94-2659-4f47-a2c9-0423a9ad9275","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[645993],"teaser":"","voice_url":""},"yoast_head":"\nJuhayna sales volume drop 20-30% y-o-y, Ramadan to provide bump - 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\/2017\/06\/04\/juhayna-sales-volume-drop-20-30-y-o-y-ramadan-to-provide-bump\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Juhayna sales volume drop 20-30% y-o-y, Ramadan to provide bump\" \/>\n<meta property=\"og:description\" content=\"Juhayna says its sales volume across all offerings dropped 20-30% y-o-y, but its market share remains intact, the company\u2019s management said in its 1Q2017 earnings call. 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Exports currently make up around 6% of Juhayna\u2019s sales, Thabet added.","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648419,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/03\/juhayna-inaugurates-egp-600-mn-dairy-farm-in-bahariya\/","url_meta":{"origin":646025,"position":2},"title":"Juhayna inaugurates EGP 600 mn dairy farm in Bahariya","author":"enterpriseam admin","date":"3 April 2017","format":false,"excerpt":"Juhayna inaugurated yesterday its new EGP 600 mn dairy farm in Bahariya, Al Shorouk reports. The farm, which spans 10k feddans, will cover 10% of the company\u2019s raw milk needs, but the company will not cut back on purchasing milk from other farms, board of directors member Aqeel Bashir said.","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649733,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/juhayna-hikes-prices-by-42-following-egp-float\/","url_meta":{"origin":646025,"position":3},"title":"Juhayna hikes prices by 42% following EGP float","author":"enterpriseam admin","date":"7 March 2017","format":false,"excerpt":"Juhayna increased prices by 42% due to a 50% spike in costs incurred by the EGP float, CEO Seif Thabet told Al Arabiya.","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":625667,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/juhayna-not-planning-to-hike-prices\/","url_meta":{"origin":646025,"position":4},"title":"Juhayna not planning to hike prices","author":"enterpriseam admin","date":"12 August 2018","format":false,"excerpt":"Leading dairy and juice producer Juhayna is not planning to raise its product prices in response to the latest hike in the cost of energy and fuel, External Communications Head Passant Fouad tells Al Mal, noting that energy does not constitute a \u201clarge share\u201d of the company\u2019s overall costs. Cheesemaker\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652211,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/03\/juhayna-raising-prices-for-the-third-time\/","url_meta":{"origin":646025,"position":5},"title":"Juhayna raising prices for the third time","author":"enterpriseam admin","date":"3 January 2017","format":false,"excerpt":"Dairy products manufacturer Juhayna could raise the price of juice and dairy products for a third time in as many months, citing increasing production costs, Al Mal reported. Juhayna joins its FMCG counterparts, who have reportedly increased their prices by 10-40% with the start of 2017. 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