Egypt

Dice Sport & Casual Wear: Initiation of Coverage – Recovery is key; Equalweight on FV of EGP1.45

  • Financial performance to gradually recover during 2021e–2025f

  • Export rebates account for 80% of valuation

  • Cheaper than global peers; expensive for local market conditions

https://cdn.tellimer.com/providers/badge-al-ahly-pharos-securities-brokerage-GqpGH9186DDYN9Jb9zpe1X3CHQPB77ZUYFvjxBxL.png
Merna Arafat @ Al Ahly Pharos Securities Brokerage
September 8th, 2021
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