Earnings Report /
Egypt

ESRS & IRAX 3Q21| Another strong quarter bolstered by robust prices

  • Another strong quarter bolstered by robust prices

  • Margins peaked already; GPM fate relies on pricing power and cost inflation

  • Net debt broadly stable; Current interest rates alleviate some pressure

Zeyad Ahmed
Al Ahly Pharos Securities Brokerage
16 November 2021