Globrands Ltd.

Tel Aviv Stock Exchange GLRS.TA

Globrands Ltd. Gross Profit Margin for the year ending December 31, 2023: 29.66%

Globrands Ltd. Gross Profit Margin is 29.66% for the year ending December 31, 2023, a -8.64% 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.

Globrands Ltd. Gross Profit Margin for the year ending December 31, 2022 was 32.46%, a -2.90% change year over year.
Globrands Ltd. Gross Profit Margin for the year ending December 31, 2021 was 33.43%, a -2.62% change year over year.
Globrands Ltd. Gross Profit Margin for the year ending December 31, 2020 was 34.33%, a -3.03% change year over year.
Globrands Ltd. Gross Profit Margin for the year ending December 31, 2019 was 35.40%, a -2.21% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

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