Hani Berzi gains $4.8 million as Edita Food shares rise

Egyptian businessman Hani Berzi has seen the value of his stake in Edita Food Industries rise by $4.7 million since the start of the year, as renewed investor interest lifts shares of one of Egypt’s best-known snack makers amid expectations of better-than-expected full-year results.

Berzi, who founded Edita and serves as its chairman and managing director, controls a 45.07 percent stake in the company through Quantum Invest BV. The holding represents roughly 313.5 million shares, making him the largest shareholder in the Cairo-listed food group.

In recent times, Berzi’s stake has increased from EGP8.7 billion ($183.3 million) to EGP8.9 billion ($188.1 million), reflecting a gain of EGP227 million, according to market data. 

Share price gains lift market value

Edita produces a wide range of packaged snacks, including cakes, croissants, wafers and rusks, sold nationwide through its broad food distribution networks. Its brands are household staples, particularly among price-sensitive consumers seeking affordable packaged foods.

Its shares have climbed 2.6 percent this year, rising from EGP27.5 ($0.581) on Jan. 1 to EGP28.22 ($0.597). The increase propelled the company’s market capitalization above $830 million, reinforcing its position among Egypt’s most valuable consumer goods firms.

The stock’s rise reflects expectations of stronger-than-expected full-year results, as investors respond to an improving operating environment and signs of stabilization in Egypt’s consumer sector after two years of inflation and currency volatility.

Earnings growth underpins investor interest

The recent rise in Edita’s share price has been underpinned by strong earnings growth. In the third quarter of 2025, consolidated revenue rose 40.4 percent year-on-year to EGP5.5 billion ($116.31 million), supported by a recovery in volumes and changes in product pricing and mix. 

Net profit rose 84.5 percent to EGP659.2 million ($13.92 million), translating into a net margin of 12 percent, compared with 9.1 percent a year earlier, driven in part by pricing adjustments across key product categories, allowing the company to offset higher input costs. 

For Berzi, the latest gains underscore how sustained operating performance continues to translate into rising shareholder value, even as Egypt’s broader economy remains under close watch by both local and foreign investors.