Israel's G. Willi-Food Q2 profit falls on lower marketable securities gains

G Willi Food International

04/08/2026 13:21

Overview
Israel kosher food distributor's Q2 sales were flat yr/yr, gross profit rose 21%
Operating profit for Q2 rose 23% yr/yr, net profit fell 34% on lower financial gains
Company expects new refrigerated logistics center to be operational in Q4 2026

Outlook
Company expects new logistics center to become operational in Q4 2026
Company sees new logistics center supporting growth and reducing operating costs

Result Drivers
IMPROVED PURCHASE PRICES - Co said gross profit rose due to better purchase prices, helped by strengthening of the NIS against the U.S. dollar and euro
PRODUCT MIX - Co attributed higher profitability to a focus on selling a more profitable product portfolio
LOWER FINANCIAL GAINS - Net profit fell due to a sharp drop in gains from marketable securities

Company press release: ID:nPn2Mbvs7a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
 
ILS 160.50 mln
 
Q2 Net Income
 
ILS 21.10 mln
 
Q2 Basic EPS
 
ILS 1.50
 
Q2 Gross Profit
 
ILS 53.50 mln
 
Q2 Operating Profit
 
ILS 25.30 mln
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)