EIPICO FY07 Consolidated Results: Sustained Progress

§         EIPICO released its first consolidated financials after consolidating its 99.7% owned subsidiary EIACO

§         Revenues surged by 14.1% YoY registering EGP850.2 million

§         GPM rose by 200bps YoY to 41.3%, however EBITDA margin came in flat at 45.1%  

§         Net income advanced 16.5% YoY, recording EGP229.0 million