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Domty: 1Q22 – Cheese & bakery drive margins; Interest expense looms over profitability

Volumes soared annually on a weak base effect; driven by the cheese and bakery segment
Bakery segment achieves the highest margin; Increasing interest expense pressures bottom-line
Positive outlook backed by cheese and bakery segments; Heightened debt looms over profitability

Marina William

Equity Research Analyst @ Al Ahly Pharos Securities Brokerage

31 May 2022

Published byAl Ahly Pharos Securities Brokerage

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