Edita Food Industries successfully implements electronic invoicing system

Edita Food Industries S.A.E. (EFID.CA on the Egyptian Exchange & EFID.L on the London Stock Exchange), a leader in the Egyptian packaged snack food market, is announcing the completion of the refurbishment of the Company’s upgraded invoicing infrastructure. Edita is currently operating in full compliance with the recently imposed government regulations regarding electronic invoicing, effective as of May 15, 2021. In recent months, Edita has worked closely with the Egyptian Tax Authority as well as multiple other local and international companies to swiftly complete the necessary adjustments in order to conform with the newly introduced frameworks. This makes Edita one of the first companies to complete the transition within the prescribed timeframes, and once more highlights its commitments to operating in line with the latest government rules and regulations. Adopting the new electronic invoicing frameworks is expected to generate significant advantages for the company.