{"id":650508,"date":"2017-03-26T03:56:06","date_gmt":"2017-03-26T03:56:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/juhayna-targets-40-increase-in-sales-to-egp-7-bn-in-2017\/"},"modified":"2017-03-26T03:56:06","modified_gmt":"2017-03-26T03:56:06","slug":"juhayna-targets-40-increase-in-sales-to-egp-7-bn-in-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/26\/juhayna-targets-40-increase-in-sales-to-egp-7-bn-in-2017\/","title":{"rendered":"Juhayna targets 40% increase in sales to EGP 7 bn in 2017"},"content":{"rendered":"<p>Juhayna is targeting a 40% increase in sales to EGP 7 bn in 2017, <a href=\"http:\/\/www.alborsanews.com\/2017\/03\/23\/998342\">Al Borsa<\/a> reports. The company expects sales to recover as consumers see improved purchasing power in the second half of the year. Juhayna will increase prices by 5% if the EGP : USD rate settles at EGP 16-18 to the USD.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Juhayna is targeting a 40% increase in sales to EGP 7 bn in 2017, Al Borsa reports. The company expects sales to recover as consumers see improved purchasing power in the second half of the year. Juhayna will increase prices by 5% if the EGP : USD rate settles at EGP 16-18 to the USD.<\/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-650508","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"dcab0deb-00b7-4cba-99e3-1a24e82f30c3","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[650468],"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>Juhayna targets 40% increase in sales to EGP 7 bn in 2017 - 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\/03\/26\/juhayna-targets-40-increase-in-sales-to-egp-7-bn-in-2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Juhayna targets 40% increase in sales to EGP 7 bn in 2017\" \/>\n<meta property=\"og:description\" content=\"Juhayna is targeting a 40% increase in sales to EGP 7 bn in 2017, Al Borsa reports. 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Juhayna joins its FMCG counterparts, who have reportedly increased their prices by 10-40% with the start of 2017. Juhayna had already raised\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","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":646025,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/04\/juhayna-sales-volume-drop-20-30-y-o-y-ramadan-to-provide-bump\/","url_meta":{"origin":650508,"position":2},"title":"Juhayna sales volume drop 20-30% y-o-y, Ramadan to provide bump","author":"enterpriseam admin","date":"4 June 2017","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","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":650508,"position":3},"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 &quot;Basic Materials + Commodities&quot;","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":637475,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/16\/dairy-sales-down-20-this-year\/","url_meta":{"origin":650508,"position":4},"title":"Dairy sales down 20% this year","author":"enterpriseam admin","date":"16 November 2017","format":false,"excerpt":"Dairy consumption has been down this year, as industry sales fell 20% in 2017, Juhayna CEO Saif Thabet said, according to Al Borsa. Thabet blamed low consumer purchasing power as a result of the EGP float in addition to inflation. He did state that a recovery is at hand, and\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","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":645696,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/27\/earnings-watch-juhayna-oriental-weavers-eastern-tobacco\/","url_meta":{"origin":650508,"position":5},"title":"Earnings watch: Juhayna, Oriental Weavers, Eastern Tobacco","author":"enterpriseam admin","date":"27 July 2017","format":false,"excerpt":"EARNINGS WATCH- Juhayna reported an 8.4% y-o-y decrease in consolidated net profit to EGP 27.3 mn in 2Q2017, according to an EGX filing. 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