FINANCIAL NEWS

Egypt’s Obour Co aims 25-30pct revenue growth

25 Jan 2017

(MENAFN) The firm stated that it is aiming double-digit increase in revenues this year ranging between 25 percent and 30 percent and a total white cheese sales volume of 103.000 tons.

Additionally, it is also targeting to grow its carton-packed white cheese regional markets share to reach 42 percent by the end of this year.

Accordingly, the firm had been able to increase its selling prices amid last year by 46 percent.

Meanwhile, it is also aiming a market share of almost 6 percent from the local milk and juice packaged products” market amid the first two years of ops.
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