SGLJF News Alert Strauss Group Ltd (SGLJF) 14.3000 02/15/2015
Post# of 64074
Posted On: 02/15/2015 1:26:24 PM
Strauss Group Ltd (SGLJF) 14.3000 $SGLJF
Strauss Group concludes the third quarter of 2014 with 7.1% organic sales growth excluding FX effect and 6.8% growth in EBIT
PR Newswire - Wed Nov 26, 1:47AM CST
Gadi Lesin, President and Chief Executive Officer of Strauss Group (November 26, 2014): "We have concluded a positive quarter that reflects sales growth in all of the Group's major business areas. The forex challenges that were typical of the last three quarters were met with the right financial response, leading to an improved net profit. We are persevering in the strategy aimed at deepening our international operations, doubling production by Sabra in the US and further expanding our coffee businesses in Brazil and in Romania. In parallel, in light of the challenges posed by the slowdown in the Israeli food market our product innovation efforts continue, coupled with the appropriate operational deployment."
Strauss Group concluded the first half of 2014 with approximately 3.3% organic growth (excluding the foreign currency effect)
PR Newswire Europe - Wed Aug 20, 1:52AM CDT
-- Thanks to an improvement in the results of our international growth drivers, in the second quarter the gross profit grew by 2.7%, and the currency effect on sales was estimated at approximately NIS 95 million
Strauss Group concludes the third quarter of 2014 with 7.1% organic sales growth excluding FX effect and 6.8% growth in EBIT
PR Newswire - Wed Nov 26, 1:47AM CST
Gadi Lesin, President and Chief Executive Officer of Strauss Group (November 26, 2014): "We have concluded a positive quarter that reflects sales growth in all of the Group's major business areas. The forex challenges that were typical of the last three quarters were met with the right financial response, leading to an improved net profit. We are persevering in the strategy aimed at deepening our international operations, doubling production by Sabra in the US and further expanding our coffee businesses in Brazil and in Romania. In parallel, in light of the challenges posed by the slowdown in the Israeli food market our product innovation efforts continue, coupled with the appropriate operational deployment."
Strauss Group concluded the first half of 2014 with approximately 3.3% organic growth (excluding the foreign currency effect)
PR Newswire Europe - Wed Aug 20, 1:52AM CDT
-- Thanks to an improvement in the results of our international growth drivers, in the second quarter the gross profit grew by 2.7%, and the currency effect on sales was estimated at approximately NIS 95 million
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