Edita Food Industries S.A.E. (EFID.CA on the Egyptian Exchange and EFID.L on the London Stock Exchange), a leader in the Egyptian packaged snack food market announces that it has received approval from the Egyptian National Food Safety Authority (NFSA) to label all products under its flagship Molto brand as free of hydrogenated fats. Packaging for the baked product portfolio, the Company’s second largest contributor to revenues, will now include a clear label reading, ‘Made Without Hydrogenated Fats’. Coming as part of Edita’s efforts under the Company’s sustainability compliance framework, Edita aims to eliminate hydrogenated fats from all products in the Company’s portfolio.
The elimination of hydrogenated fats from Edita’s production processes and supply chains is part and parcel of the Company’s efforts to implement the highest standards in the area of Environment, Social, and Governance (ESG). Edita’s deep understanding of its responsibility as a household brand and favoured snack food producer prompts it to focus on its consumers’ wellbeing by improving the choice of raw ingredients and materials used in its products. As such, with the input of its state-of-the-art Research and Development (R&D) department, Edita continues to improve the nutritional value and the ingredients used in the evolution process of the company’s products. The Company is also conscious of the rapid global evolution and is keen to be in line with international standards and requirements for the production of sustainable products.