14 Jan 2021 08:00
Business Update
As part of our continuous communication with our investors, we would like to point out the following:
· Domty sales grows in 4Q2020 by 26% year on year.
· Domty sales reached EGP 815 million (unaudited) in 4Q2020, the highest quarterly sales achieved by the company since being listed on the stock exchange in 2016.
· The aforementioned growth rate was mainly driven by the jump in sales of white cheese, which rose by approximately 25% in 4Q2020 (y on y).
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About Arabian Food Industries Company Domty S.A.E.
Domty, founded in 1988and headquartered in Egypt, is a leader in the growing Egyptian cheese and juice market. The Company manufactures markets and distributes a range of branded white and processed cheeses and juice products, with a family of nearly 200 SKUs under a brand portfolio including Domty, Damo, Gebnety and Bravo. Domty is a household name and the number-one cheese producer in the nation by market share. The Company sells to tens of thousands of retail and business customers as well as to more than 46 export destinations. Learn more about Domty by visiting Domty.org
Contact
Ahmed Mohy EldinInvestor Relations and Corporate Affairs DirectorT: +202- 010 - 0555 2235| ahmed.mohy@domty.org
DOMT.L (DOMT)