Earnings ·
G. Willi-Food International Ltd. reported unaudited financial results for the second quarter and first half of fiscal…
WILCG Willi Food International Ltd
G. Willi-Food International Ltd. reported unaudited financial results for the second quarter and first half of fiscal year 2026, ending June 30, 2026. Second-quarter sales remained flat at NIS 160.5 million (US$ 53.7 million) compared to the prior year period. Gross profit increased 21.5% year-over-year to NIS 53.5 million (US$ 18.0 million), driven by improved purchase prices and a stronger New Israeli Shekel against the US Dollar and Euro. Operating profit rose 22.7% to NIS 25.3 million (US$ 8.5 million). Net profit decreased 33.9% to NIS 21.1 million (US$ 7.1 million), or US$ 0.5 per share, primarily due to significantly lower gains from marketable securities compared to the prior year's NIS 18.2 million gain. The company holds NIS 257.6 million (US$ 86.5 million) in cash and securities. Construction of a new refrigerated logistics center is progressing steadily, with operations expected to begin in the fourth quarter of 2026. G. Willi-Food International Ltd. specializes in the development, marketing, and international distribution of kosher food products.