B Investments reported today its audited results for FY2018; posting consolidated Revenues of EGP 245 million, compared to EGP 172 million recorded during 2017 and implying a 43% Y-o-Y growth. The growth in Revenues were mainly derived from growth in dividends received and share of profits from portfolio companies, in addition to Finance Income. Earnings […]
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 […]
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 […]
Ebtikar for Financial Investment S.A.E (“Ebtikar”), a leading investor in the Non-Banking Financial Services sector with a shareholder base that includes MM Group for Industry and International Trade S.A.E – MTIE.CA” and B Investments Holding S.A.E – “BINV.CA” announces today the acquisition of 33.7% of Masary in a transaction valued at EGP 130 million. Masary […]