SWDY.CA

16 July 2019

13.05 EGP

Change: -0.45%
Volume: 965,890.00
Turnover: 12,699,025.04
Open: 13.21
Last Trade: 13.05
Pre Close: 13.15

High13.39


Low12.97

Analyst Coverage Share & Corporate Information

Company Overview

Established in 1938 as an electrical equipment trading company, Elsewedy Electric has leveraged its decades of expertise to become a key energy player in both its home market of Egypt and throughout its global operations. Deep product and sector specialization and unprecedented insight into local markets have laid the groundwork for its first-mover advantage into new markets and sectors.

The company serves industrial, commercial, and residential clients through its five primary business lines: Wires & Cables, Turnkey, Transformers, Meters, and Electrical. Elsewedy Electric is a fully integrated energy solutions provider — from raw materials such as metals and plastics to inputs across the spectrum of wires, cables, and electrical products, to contracting and turnkey infrastructure projects and electricity generation through competitively advantaged wind technology.

Through its development into an industry leader with extensive holdings Elsewedy Electric has become a significant contributor to not only Egypt’s economic growth, but beyond borders in several MENA, European, and Asian countries by way of its over 30 worldwide production facilities and 110-country strong export footprint.

Elsewedy Electric prides itself on being at the forefront of world electricity trends, positioning the group to supply the most cost effective, clean technology to regional developing nations. Group-wide sharing of the most advanced production technology extends significant efficiency gains across the group's activities.

Its three-pronged strategy of developing a fully integrated, geographically diverse, and technologically advanced corporation is driven by a unique corporate structure that has allowed Elsewedy Electric to occupy the position it does today as a global leader in one-stop-shop solutions that not only reshape industries but drive value for every stakeholder.