Earnings Report /
Egypt

EK Holding: 3Q21 – solid across the board; favorable YoY base effect a recurring theme

  • Alex Fert: Elevated pricing compensates for quarterly export volumes dip

  • Sprea Misr: Topline expands; Raw materials squeeze margins

  • Nat Energy: Strong performance boosted by gas installations and electricity generation

Omar Attia
Al Ahly Pharos Securities Brokerage
15 November 2021