Oriental Weavers Carpets Company (S.A.E) (ORWE) Earnings Call Transcripts

Oriental Weavers Carpets Company (S.A.E)'s Latest Earnings Call - Q1 FY2026

In Q1 2026, Oriental Weavers Carpets Company reported a 9% year-on-year revenue growth to EGP 6.9 billion, driven by an 8% increase in volumes. Net profit margin expanded to 12.9%, supported by asset sales and efficient export subsidy collections. The company maintained its full-year guidance of EGP 28 billion in revenue and a net profit margin between 8% and 8.5%. Despite geopolitical tensions and rising polypropylene costs, management remains confident in offsetting these challenges through asset sales and cost mitigation strategies.

Reported metrics

Guidance from management

Management maintained full-year guidance of EGP 28 billion in revenue and a net profit margin between 8% and 8.5%. CapEx is projected at EGP 1.2 billion.

What management said

Second, just to open up the sheet on the full year forecast, please. Now on net income, we have already covered that. So we are maintaining our guidance on net income. So we already covered that. On CapEx, our projection of spending CapEx this year is EGP 1.2 billion. Gross profit margin forecast for the full year is 11.2%.

Okay. The asset sale in our best case scenario will generate around for the full year, around EGP 1 billion. Now we say best case scenario because, as you know, the timing of the sale itself is not really within our control. Our objective is always to maximize what we can get for those assets and the process of sale itself can take time. But that's our current forecast or projections for the year.

What analysts pressed on

Analysts expressed concerns about the impact of rising polypropylene costs on margins, with questions about the timing of these impacts and the effectiveness of price increases. There were also inquiries about the expected proceeds from asset sales and their timing.

Main topics on the call

• Revenue Growth — Revenue grew 9% year-on-year to EGP 6.9 billion, driven by an 8% increase in volumes to 29.4 million square meters. Management highlighted, 'The growth was volume driven, which is a positive for us.'
• Profit Margins — Net profit margin expanded to 12.9%, aided by asset sales and export subsidy collections. Excluding capital gains, adjusted net profit margin increased to 9.1%.
• Geopolitical Impact — Geopolitical tensions in the Middle East added volatility to energy markets, impacting utility costs and materials like polypropylene. Management noted, 'We continue to work hard to offset the increases in costs resultin...
• International Sales Performance — International sales were strong, with the Americas up 10%, Europe 13%, and Asia 14%. The U.S. market led with an 18% increase in Tufted exports.

Read the full Oriental Weavers Carpets Company (S.A.E) transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 16 Oriental Weavers Carpets Company (S.A.E) earnings call transcripts on record, spanning May 31, 2022 to June 3, 2026. Based on this history, Oriental Weavers Carpets Company (S.A.E) reports quarterly. The most recent call on file is dated June 3, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ORWE

Exchange

CASE

Country

EG

Sector

Consumer Discretionary

Industry

Household Durables

Calls on record

16

First call

May 31, 2022

Most recent

June 3, 2026

Reporting cadence

quarterly