Capacity Addition To The Bakery Segment

Cairo, August 14, 2022

Edita Food Industries SAE announces the commencement of the operations of its newly purchased bakery line in E07 with a total investment cost of around EGP135 million. The line will add capacity of 11 thousand tons per annuum and would increase the bakery's segment total production capacity by around 20%. This will be the 8th bakery line for the company to meet the growing demand for its Molto products while further cementing its leadership position in this attractive market.

Contacts

Ms. Menna Shams El Din

Head of Investor Relations and Corporate Affairs
T: +202 3851 6464 | M: +20 100 1542428 | menna.shamseldin@edita.com.eg

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END