Press Releases

September 19, 2018

B Investments announces the investment of EGP 125 million in Gourmet Group of Companies

B Investments’ Board of Directors approved the acquisition of a majority stake in Gourmet Group of Companies (Gourmet Egypt-GE and Gourmet Food Solutions-GFS – “Gourmet Group”) one of Egypt’s leading food retailing and manufacturing companies. The transaction entails the acquisition of 40% of the share capital of Gourmet Group for c. EGP 65 million and […]

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August 16, 2018

B Investments Releases 1H2018 Financial Results Posting a Consolidated Net Profit of EGP 112 Million, Recording a 21% Y-o-Y increase

B Investments reported today its audited results for 1H18; posting consolidated Revenues of EGP 135 million, compared to EGP 103 million recorded in 1H17 implying a 32% Y-o-Y growth. The growth in Revenues is mainly attributed to the strong financial performance of portfolio companies. Earnings Before Tax grew by 25% to reach EGP 119mn despite […]

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