EFIC

EFIC, "1H08 Results"; News Bulletin

August 18th, 2008
1H08 Standalone Results: Triple Digit Growth in Sales

-Sales skyrocketed by 109.3% YoY to EGP413.3 million
-Drop in margins across the board on the back of higher raw materials' prices
-Bottom line hiked by 69.1% YoY to EGP79.6 million
-Total Debt surged by 68.5% YoY to EGP516.4 million


EFIC, "Break New Ground"; Update Report

June 11th, 2008
Summary
▪Major Expansion Plans Underway
EFIC acquired 256,000 square meters of land in Al Ain Al Sokhna through its 99.9% owned subsidiary Suez Company for Fertilizers Production (SCFP) to increase its phosphate fertilizers production capacity to reach 1.7 million tons by the end of 2008, up from its current level of 1.2 million tons, making EFIC one of the biggest phosphate fertilizer producers in the world.   

EFIC, "1Q08"; News Bulletin

May 18th, 2008
1Q08 Standalone Results: Fair Play

▪Sales surged by 66.9% YoY to EGP158.1 million in 1Q08
▪Weak margins all the way
▪Bottom line soared by 63.5% YoY to EGP39.3 million in 1Q08
▪Debt/Equity Ratio advanced by 6 bps

EFIC, "FY07"; News Bulletin

April 7th, 2008
FY07: Moderate Performance & Major Expansion Plans Underway 
▪Top line increased by 22.6% to EGP525.0 million in FY07, up from EGP428.1 million in FY06
▪Bottom Line up by 13.9% from EGP102.1 million in FY06 to EGP116.4 million in FY07 
▪Positive Margins with exception to NPM: GPM up by 80bps to 33.1%, OPM up by 170bps to 28.3%, while NPM down by 170bps to 22.2% 


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