Globrands Ltd.

Tel Aviv Stock Exchange GLRS.TA

Globrands Ltd. Gross Profit for the year ending December 31, 2023: USD 54.30 M

Globrands Ltd. Gross Profit is USD 54.30 M for the year ending December 31, 2023, a -1.23% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.

Globrands Ltd. Gross Profit for the year ending December 31, 2022 was USD 54.98 M, a -6.93% change year over year.
Globrands Ltd. Gross Profit for the year ending December 31, 2021 was USD 59.07 M, a 6.23% change year over year.
Globrands Ltd. Gross Profit for the year ending December 31, 2020 was USD 55.61 M, a 16.98% change year over year.
Globrands Ltd. Gross Profit for the year ending December 31, 2019 was USD 47.53 M, a 4.66% change year over year.

Key data

Date	Gross Profit	Operating Income	EBIT	EBITDA

Tel Aviv Stock Exchange: GLRS.TA

Globrands Ltd.

CEO	Mr. Gadi Guideon Netzer
IPO Date	March 31, 2022
Location	Israel
Headquarters	Heschel Boulevard 9
Employees	302
Sector	Consumer Staples
Industries Tobacco Consumer Packaged Goods Retail & Wholesale

Description

Globrands Ltd. imports, distributes, markets, and sells tobacco, and food and confectionery products primarily in Israel. It operates in Smoking Products, and Confectionery and Snacks divisions. The company imports and distributes cigarettes under the Kent, Pall Mall, Vogue, Rotmans, and Lucky Strike brand names. It serves primarily retail customers and multinational corporations. The company was founded in 2000 and is based in Tel Aviv, Israel.

Key trends

Past 5 years