Averbuch Formica Center Ltd.

Tel Aviv Stock Exchange AVER.TA

Averbuch Formica Center Ltd. Gross Profit Margin for the year ending December 31, 2023: 38.16%

Averbuch Formica Center Ltd. Gross Profit Margin is 38.16% for the year ending December 31, 2023, a 25.49% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • Averbuch Formica Center Ltd. Gross Profit Margin for the year ending December 31, 2022 was 30.41%, a -19.91% change year over year.
  • Averbuch Formica Center Ltd. Gross Profit Margin for the year ending December 31, 2021 was 37.96%, a 15.32% change year over year.
  • Averbuch Formica Center Ltd. Gross Profit Margin for the year ending December 31, 2020 was 32.92%, a -2.45% change year over year.
  • Averbuch Formica Center Ltd. Gross Profit Margin for the year ending December 31, 2019 was 33.75%, a 1.90% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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Tel Aviv Stock Exchange: AVER.TA

Averbuch Formica Center Ltd.

CEO Mr. Simcha Averbuch
IPO Date Aug. 12, 2002
Location Israel
Headquarters Ben Atar 25 street
Employees 138
Sector Materials
Industries
Description

Averbuch Formica Center Ltd., together with its subsidiaries, produces and trades in raw materials for wood and by products and furniture industry in Israel. It develops and markets fronts and doors for kitchen cabinets and furniture items, covered wood products, post forming high pressure laminated panels (HPL), aluminum profiles and handles, PVC doors, color-finished doors, glass and porcelain cladding, and acrylic panels. The company also imports and distributes HPL, plywood, soft/hard woods, exterior/interior wall claddings, woodworks, and wood molds for building and carpentry industries. In addition, it manufactures laminate products. Further, the company operates a showroom for architects, interior designers, carpenters, and their customers. The company is based in Tel Aviv-Yafo, Israel.

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StockViz Staff

January 15, 2025

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