Strauss Group Ltd. (SGLJF)
- PR Newswire
Strauss Group Reports Results for the Full Year and Fourth Quarter of 2023
This morning, Strauss Group (TASE: STRS) is presenting its business strategy update for 2024-2026. Strategy highlights include focus on core businesses, further investments of 5%-7% of revenues in the plants and infrastructure in Israel, as well as ongoing sustainable growth in Israel, China and Brazil.
- PR Newswire
Strauss Group Reports Results for the Third Quarter and First Nine Months of 2023: Quarterly revenues were up c7% to NIS 2.7 billion, with operating profit totaling NIS 212 million and net profit rising to NIS 120 million
This morning, Strauss Group (TASE: STRS) published its financial statements for the third quarter and first nine months of 2023, summing up the quarter with NIS 2,675 million in revenue and cumulative revenue of NIS 7,854 million since the beginning of the year. Strauss sales grew 7.3% compared to the corresponding quarter and 11.5% in the first nine months compared to the corresponding period last year, as the growth trend in the Group's business in Israel, China, Brazil and the US continues.
