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Strauss Group Reports Fourth Quarter and Full Year 2024 Results

Summary by WFMZ
2024 revenues up 6% reaching NIS 11.2 billion; NIS 418 million in net profit

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The sale of the international hummus company, which yielded a net profit of 350 million shekels, alongside 6 price increases, did not save Strauss from the erosion it has been facing for the past two years; Net profit fell and gross and operating profitability eroded; Today it was announced that the daughter of the controlling shareholder Ofra Strauss will receive a salary of 20 thousand shekels and a bonus, with two years of experience in the l…

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WFMZ broke the news in Pennsylvania, United States on Tuesday, March 25, 2025.
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