Israel's G. Willi-Food hits record high on dual-listing plans, strong sales

G Willi Food International

21/05/2020 18:51

** Shares of Israel-based kosher foods maker  WILC.O  up as
much as 18% at $15.35, a record high
    ** Co says its board decided to register stock for dual
listing on the Tel Aviv Stock Exchange (TASE)
    ** WILC is required to meet requirements of Israel
Securities Authority (ISA) and TASE to qualify for dual-listing
 urn:newsml:reuters.com:*:nPn3gKQmTa
    ** Meanwhile, WILC posts highest-ever quarterly sales, as
the COVID-19 pandemic led to increased demand for its packaged
foods in retail chains  urn:newsml:reuters.com:*:nPn5x06J2a
    ** WILC also intends to maintain sufficient inventory levels
and strengthen its supply chain and product portfolio to meet
future demand
    ** Including session's rise, stock up 26% this year

 (Reporting by Praveen Paramasivam in Bengaluru)
 ((Praveen.Paramasivam@thomsonreuters.com; within U.S. +1 646
223 8780 (Extn. 3478), outside U.S. +91  80 6182 3478;))