Strauss Group Ltd.

Tel Aviv Stock Exchange STRS.TA

Strauss Group Ltd. Net Income for the year ending December 31, 2023: USD 134.40 M

Strauss Group Ltd. Net Income is USD 134.40 M for the year ending December 31, 2023, a 304.24% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • Strauss Group Ltd. Net Income for the year ending December 31, 2022 was USD 33.25 M, a -83.04% change year over year.
  • Strauss Group Ltd. Net Income for the year ending December 31, 2021 was USD 195.99 M, a 18.23% change year over year.
  • Strauss Group Ltd. Net Income for the year ending December 31, 2020 was USD 165.77 M, a 6.80% change year over year.
  • Strauss Group Ltd. Net Income for the year ending December 31, 2019 was USD 155.21 M, a 21.56% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
Market news
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Tel Aviv Stock Exchange: STRS.TA

Strauss Group Ltd.

CEO Mr. Shai Babad
IPO Date Dec. 31, 2007
Location Israel
Headquarters 49 Hasivim Street
Employees 17,860
Sector Consumer Staples
Industries
Description

Strauss Group Ltd., together with its subsidiaries, develops, manufactures, markets, and sells various food and beverage products in Israel, North America, Brazil, Europe, and internationally. The company operates through six segments: Health & Wellness; Fun & Indulgence; Israel Coffee; International Coffee; International Dips & Spreads; and Strauss Water. The Health & Wellness segment provides yogurts, dairy desserts, dairy-free tahini desserts, soft cheeses, flavored milk beverages, chilled salads, cut vegetables, fresh pasta products, cereal and granola bars, honey products, olive oils, fruit preserves, cooking sauces, lemon juices, and natural maple syrups. This segment also sells and distributes natural juices, butter spreads, and plant-based probiotic desserts. The Fun & Indulgence segment offers sweet snack bars, chocolate tablets, sweet spreads, candies, chewing gums, cakes and cookies, biscuits, wafers, and salty snacks. The Israel Coffee segment develops, manufactures, sells, markets, and distributes a range of coffee products, chocolate powders, and other drink powders; sells coffee beans; and retails coffee products. The International Coffee segment develops and manufactures various coffee products and powder drinks; markets and distributes coffee machines; and purchases and processes green coffee, corn products, cashew-based dairy substitutes and juice powders. The International Dips & Spreads segment manufactures, markets, and sells chilled dips and spreads under the Sabra, Obela, and Florentin brands. The Strauss Water segment also develops, manufactures, distributes, and sells filtration, purification, and carbonation systems for drinking water. The company was formerly known as Strauss-Elite Ltd. and changed its name to Strauss Group Ltd. in February 2007. Strauss Group Ltd. was incorporated in 1933 and is headquartered in Petah Tikva, Israel. Strauss Group Ltd. is a subsidiary of Strauss Holdings Ltd.

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StockViz Staff

January 15, 2025

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