EL Sewedy Electric Co - Company Profile
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EL Sewedy Electric Co (ELSE) is an integrated energy solutions company. It manufactures and supplies power cables, wires, insulators, terminators, transformers, joint accessories, meters and systems, telecom cables and accessories, fiber optic cables, wind blades, wind towers wind turbines, and associated accessories. It also produces plastic granules (PVC); designs, constructs, manages, operates, and maintains generating stations, civil construction, public works, and water treatment plants; and offers electricity to various sources and distribution networks. It provides energy management solutions; communications networks; data center solutions; government solutions; development of industrial and logistics projects and investment in energy, water, and facilities management projects. It serves industrial, commercial, and residential clients. ELSE serves different markets, mainly energy and infrastructure, commercial, industrial, and residential. It operates production facilities in the Middle East and Africa. The company sells products through a network of distributors across the world. ELSE is headquartered in New Cairo, Egypt.
Headquarters
Egypt
Address
Plot No. 13C03, Southern Business Park "C", New Cairo, 11853
Website
www.elsewedyelectric.com
Telephone
202 275 99700
No of Employees
19,000
Industry
Power
Ticker Symbol & Exchange
SWDY (CAI)
Revenue (2024)
$5.7B
21.2%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-0.8%
(2024 vs 2023)
Market Cap*
$3.8B
Net Profit Margin (2024)
XYZ
-18.1%
(2024 vs 2023)
* As of and is in US$
EL Sewedy Electric Co premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Special Cables | Telecommunication Contracting and Project Management |
| Winding Wires | Acceptance Testing |
| Power Cables | Installation and Commissioning |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | On December, John Cockerill signed contract with a joint venture between Elsewedy Electric Power Systems Projects (PSP) and PowerChina for the Al Mourjan Rabigh 2 Power Plant Extension in Saudi Arabia. |
| 2025 | Contracts/Agreements | In December, the company has signed a contract to establish a new power transformers manufacturing facility in Dammam Third Industrial City. |
| 2025 | Contracts/Agreements | In October, Elsewedy Electric Group entered into a credit facility agreement with Emirates NBD Group to expand EGP20 billion in credit facilities across Egypt, the Saudi Arabia, and the UAE. |
Competitor Comparison
| Key Parameters | EL Sewedy Electric Co | Schneider Electric SE | ABB Ltd | Prysmian SpA | Nexans SA |
|---|---|---|---|---|---|
| Headquarters | Egypt | France | Switzerland | Italy | France |
| City | New Cairo | Rueil-Malmaison | Zuerich | Milano | Paris |
| State/Province | Cairo | Haute Normandie | - | Lombardia | Ile-de-France |
| No. of Employees | 19,000 | 162,970 | 112,700 | 34,368 | 12,669 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ahmed Elsewedy | President; Director; Chief Executive Officer | Executive Board | 2006 | - |
| Abdelrahman Elsewedy | Director; Chief - Strategy Officer; Chief - Operations Officer | Executive Board | 2017 | - |
| Ahmed Shokry | Chief Financial Officer | Senior Management | 2023 | - |
| Ahmed Zedan | Chief Legal Officer | Senior Management | - | - |
| Manal Hassan | Chief Sustainability Officer | Senior Management | 2017 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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