March 23, 2017 / 8:03 AM / 9 months ago

BRIEF-Egypt's Juhayna Food Industries announces CAPEX plan for 2017

March 23 (Reuters) - Juhayna Food Industries

* Announces CAPEX plan for 2017; entailing completion of ongoing projects with an estimated cost of about EGP 400 million

* Increases reliance on domestically produced raw materials to reduce its forex exposure

* Targets 30-40 percent year-over-year increase in consolidated revenues Source: (bit.ly/2nUh63k) Further company coverage:

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