Earnings Report /
Egypt

Obourland: 2020 results – Solid topline and bottom-line growth supported by white cheese

  • White cheese boosts topline; milk and processed cheese witness remarkable growth

  • Installation of new lines and raw materials management support margins

  • Maintain Equalweight and FV at EGP7.50/share

Al Ahly Pharos Securities Brokerage
24 January 2021