Quarterly ResultAug 4, 2026, 08:01 AM
G. Willi-Food Q2 Operating Profit +22.7%; Net Profit -33.9%
AI Summary
G. Willi-Food International reported Q2 2026 financial results with sales remaining flat at NIS 160.5 million. The company achieved significant operational improvements, with gross profit increasing by 21.5% and operating profit by 22.7%. However, net profit decreased by 33.9% to NIS 21.1 million, primarily due to significantly lower gains from marketable securities compared to the prior year. Management highlighted the successful execution of their strategy, focus on a more profitable product portfolio, and progress on the new refrigerated logistics center expected to be operational in Q4 2026.
Key Highlights
- Q2 2026 sales were NIS 160.5 million ($53.7 million), flat year-over-year.
- Q2 2026 gross profit increased 21.5% to NIS 53.5 million ($18.0 million).
- Q2 2026 operating profit increased 22.7% to NIS 25.3 million ($8.5 million).
- Q2 2026 net profit decreased 33.9% to NIS 21.1 million ($7.1 million).
- Q2 2026 basic earnings per share was NIS 1.5 ($0.5).
- Cash and securities balance was NIS 257.6 million ($86.5 million) as of June 30, 2026.
- New refrigerated logistics center is expected to be operational during Q4 2026.
- H1 2026 sales increased 4.0% to NIS 317.4 million ($106.6 million).
Price Impact
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