Cairo Poultry

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Solid revenues backed by rising prices despite volumes drop. Rally in selling prices overcome rally in costs. Turbulent market and weaker purchasing power raise scepticism.

Latest market dynamics in light of macroeconomic challenges. 4Q22 & FY23 guidance. Removal of CBE's 8% Loans Initiative.

Stagnation in Demand Impacts Top-line; Processing Segment Main Supporter. Turbulence in the Local Commodities Market Pressures Margins; Bottom-Line Dives Down with Unfortunately-Timed Taxes. New Feed Prices to Be Maintained One Way or the Other; Resu...

Revenues for the quarter jumped up to EGP1,623 mn (+28.4% YoY, +11.1% QoQ). 1H22 revenues recorded EGP3,084 mn compared to EGP2,426 mn in the previous period, showing a climb of 27.1% YoY. Feed volumes during 2Q22 dropped by an average of 9% both YoY...

Sector Outlook, Hopes, Fears, and Top Picks. Sector Valuation Table and Inter-company Comparison. Individual F&B Players: 2022 Fundamental Review.

Revenues jumped significantly, especially YoY to amount to EGP1,461 mn, (+25.8% YoY, +8.8% QoQ). When it comes to the poultry division, parent chicks’ prices climbed by 5% YoY to reach EGP65/chick. Attributable net profit recorded EGP52.5 mn, a YoY u...