Strauss Group Reports Q4 & FY-2025 Financial Results:¹ FY-2025 Revenues of NIS 12.5 billion, up c.12% y-o-y, with strong EBIT exceeding NIS 1 billion, up c.36% y-o-y
The profitability improvement was mainly driven by
Key Financial Highlights – Full Year 2025²
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revenues ofStrauss Group NIS 12,507 million , up 11.6%. Excluding currency effects and divested activities, revenues increased 21.6%. - EBIT of
NIS 1,020 million , up 35.6% (EBIT margin of 8.2%), compared withNIS 752 million (6.7% margin). - Net Income attributable to shareholders of
NIS 450 million , up 7.6%, compared withNIS 418 million . - Positive free cash flow of
NIS 215 million , compared with negative free cash flow ofNIS 51 million . -
Strauss Group declared a dividend ofNIS 250 million , or approx.NIS 2.14 per share, to be paid onApril 14 th 2026.
PETAH TIKVA, Israel,
"In 2025, we delivered double-digit sales growth and a significant improvement in profitability, primarily driven by the consistent execution of our strategy and the dedication and commitment of our employees. The Group's main growth engine was the international coffee business, led by
Last week, we reported that 3corações, Strauss's 50%-owned JV in
In Israel, we continued to be consumer-focused during the war, while safeguarding our people ensuring business continuity, and laying a strong foundation for
Key Financial Highlights – Fourth Quarter 2025³
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Strauss Group revenues ofNIS 3,167 million , up 10.2%. Excluding currency effects, revenues increased 12.7%. - EBIT of
NIS 282 million , up 62.3% (EBIT margin of 8.9%), compared with EBIT ofNIS 174 million (6.1% margin). - Net Income attributable to shareholders of
NIS 151 million , up 103.3%, compared withNIS 74 million . - Positive free cash flow of
NIS 554 million , compared with positive free cash flow of approximatelyNIS 444 million in the comparable period.
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Table 1. Strauss Group Financial Performance (Non-GAAP): (1) |
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NIS million |
Q4-2025 |
Q4-2024 |
% Change |
% Change |
|
2025 |
2024 |
% Change |
% Change |
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Total Group Sales |
3,167 |
2,872 |
10.2 % |
12.7 % |
|
12,507 |
11,206 |
11.6 % |
15.4 % |
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Gross Profit |
990 |
813 |
21.9 % |
24.1 % |
|
3,599 |
3,439 |
4.7 % |
7.3 % |
|
Gross margin |
31.3 % |
28.3 % |
|
|
|
28.8 % |
30.7 % |
|
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|
EBIT |
282 |
174 |
62.3 % |
62.8 % |
|
1,020 |
752 |
35.6 % |
37.7 % |
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EBIT margin |
8.9 % |
6.1 % |
|
|
|
8.2 % |
6.7 % |
|
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Net Income |
151 |
74 |
103.3 % |
64.1 % |
|
450 |
418 |
7.6 % |
5.1 % |
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Net margin |
4.8 % |
2.6 % |
|
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|
3.6 % |
3.7 % |
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EPS (NIS) |
1.30 |
0.64 |
103.2 % |
|
|
3.86 |
3.59 |
7.6 % |
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EBITDA |
388 |
272 |
42.9 % |
43.7 % |
|
1,434 |
1,184 |
21.0 % |
22.9 % |
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EBITDA margin |
12.3 % |
9.5 % |
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|
11.5 % |
10.6 % |
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Operating Cash Flow |
710 |
641 |
10.8 % |
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|
781 |
600 |
30.2 % |
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Capex, Net |
156 |
197 |
-20.8 % |
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|
566 |
651 |
-13.1 % |
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Free Cash Flow |
554 |
444 |
24.8 % |
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|
215 |
-51 |
N.M. |
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Net debt |
2,223 |
1,989 |
11.8 % |
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2,223 |
1,989 |
11.8 % |
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Net debt / EBITDA |
1.55 |
1.68 |
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1.55 |
1.68 |
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Business Segment Performance – Full Year 2025
- Revenues of
NIS 5,457 million , up 5.6%, and EBIT ofNIS 530 million , up 0.4% (EBIT margin of 9.7%). -
Health & Wellness – Revenues ofNIS 3,159 million , up 2.7% and EBIT ofNIS 405 million , up 4.1% (EBIT margin of 12.8%). -
Fun & Indulgence (Snacks & Confectionery) – Revenues of
NIS 1,395 million , up 10.3%, and EBIT ofNIS 12 million , down 72.4% (EBIT margin of 0.9%). -
Fun & Indulgence (Coffee Israel) – Revenues of
NIS 903 million , up 8.9%, and EBIT ofNIS 113 million , up 19.3% (EBIT margin of 12.5%).
- Revenues of
NIS 6,155 million , up 30.8%, and EBIT ofNIS 493 million , up 130.7% (EBIT margin of 8.0%). -
3corações
(50% share) – Revenues of
NIS 4,352 million , up 31.5%, and EBIT ofNIS 387 million , up 196.6% (EBIT margin of 8.9%). -
Central and
Eastern Europe (CEE) (Poland ,Romania ,Russia andUkraine ) – Revenues ofNIS 1,826 million , up 34.7%.
- Revenues of
NIS 895 million , up 5.5%, and EBIT ofNIS 115 million , down 0.2% (EBIT margin of 12.8%). -
Haier Strauss Water (49%-owned JV with Haier) (100% in NIS) – Revenues of
NIS 928 million , up 1.0% (8.7% in local currency) and Net Income ofNIS 87 million , down 29.6%.
Business Segment Performance – Fourth Quarter 2025
- Revenues of approximately
NIS 1,335 million , up 4.4%, and EBIT ofNIS 136 million , up 13.6% (EBIT margin of 10.2%). -
Health & Wellness – Revenues ofNIS 790 million , up 3.4%, and EBIT ofNIS 103 million , down 0.2% (EBIT margin of 13.0%). -
Fun & Indulgence (Snacks & Confectionery) – Revenues of
NIS 335 million , up 8.3%, and EBIT ofNIS 12 million , up 163.6% (EBIT margin of 3.7%). -
Fun & Indulgence (Coffee Israel) – Revenues of
NIS 210 million , up 2.8%, and EBIT ofNIS 21 million , up 73.0% (EBIT margin of 9.9%).
- Revenues of
NIS 1,595 million , up 24.0%, and EBIT ofNIS 173 million , up 270.9% (EBIT margin of 10.9%). -
3corações
(50% share) – Revenues of
NIS 1,083 million , up 17.4%, and EBIT ofNIS 140 million , up 350.2% (EBIT margin of 12.9%). -
CEE – Revenues of
NIS 518 million , up 40.3%.
- Revenues of
NIS 237 million , up 7.4%, and EBIT ofNIS 40 million , down 0.8% (EBIT margin of 16.6%). -
Haier Strauss Water (100% in NIS) – Revenues of
NIS 249 million , down 4.3% (up 7.5% in local currency), and Net Income ofNIS 20 million , down 52.0%.
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Table 2. Sales Summary by Operating Segment (Non-GAAP)(1): |
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NIS million |
Q4-2025 |
Q4-2024 |
% Change |
% |
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2025 |
2024 |
% Change |
% |
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Group Sales |
3,167 |
2,872 |
10.2 % |
12.7 % |
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12,507 |
11,206 |
11.6 % |
15.4 % |
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1,335 |
1,278 |
4.4 % |
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|
5,457 |
5,170 |
5.6 % |
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|
790 |
764 |
3.4 % |
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|
3,159 |
3,076 |
2.7 % |
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Fun & Indulgence |
335 |
309 |
8.3 % |
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|
1,395 |
1,264 |
10.3 % |
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Fun & Indulgence |
210 |
205 |
2.8 % |
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|
903 |
830 |
8.9 % |
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Coffee |
1,595 |
1,287 |
24.0 % |
29.1 % |
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6,155 |
4,705 |
30.8 % |
40.8 % |
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|
237 |
221 |
7.4 % |
8.1 % |
|
895 |
848 |
5.5 % |
5.8 % |
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Other(3) |
- |
86 |
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- |
483 |
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(1) The data presented in this document are based on the company's non-GAAP figures, which include the proportionate consolidation
(2) Fun & Indulgence (Snacks and Confectionery) figures include (3) Comparative figures include the data for Sabra and Obela (based on 50%), which were sold during 2024.
(4) Including loss on cocoa derivative of
Note: Financial data were rounded to the nearest NIS million. Percentages changes were calculated based on the exact figures in NIS
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Table 3. Operating Profit Summary by Operating Segment (Non-GAAP)(1): |
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NIS million |
Q4-2025 |
Q4-2024 |
% Change |
% Change |
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2025 |
2024 |
% Change |
% Change |
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Group EBIT |
282 |
174 |
62.3 % |
62.8 % |
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1,020 |
752 |
35.6 % |
37.7 % |
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EBIT margin |
8.9 % |
6.1 % |
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|
8.2 % |
6.7 % |
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|
136 |
120 |
13.6 % |
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|
530 |
528 |
0.4 % |
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EBIT margin |
10.2 % |
9.4 % |
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|
9.7 % |
10.2 % |
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|
103 |
103 |
-0.2 % |
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|
405 |
389 |
4.1 % |
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EBIT margin |
13.0 % |
13.4 % |
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|
12.8 % |
12.6 % |
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Fun & Indulgence |
12 |
5 |
163.6 % |
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|
12 |
44 |
-72.4 % |
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EBIT margin |
3.7 % |
1.5 % |
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|
0.9 % |
3.5 % |
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Fun & Indulgence |
21 |
12 |
73.0 % |
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|
113 |
95 |
19.3 % |
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EBIT margin |
9.9 % |
5.9 % |
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12.5 % |
11.4 % |
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Coffee |
173 |
47 |
270.9 % |
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|
493 |
214 |
130.7 % |
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EBIT margin |
10.9 % |
3.6 % |
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|
8.0 % |
4.6 % |
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|
40 |
40 |
-0.8 % |
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|
115 |
115 |
-0.2 % |
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EBIT margin |
16.6 % |
18.0 % |
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|
12.8 % |
13.5 % |
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Other(3) |
-67 |
-33 |
109.1 % |
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|
-118 |
-105 |
13.0 % |
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Table 4: Strauss Group Financial Performance (GAAP): |
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NIS million |
Q4-2025 |
Q4-2024 |
% Change |
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2025 |
2024 |
% Change |
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Total Group Sales |
2,007 |
1,789 |
12.2 % |
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7,823 |
7,089 |
10.4 % |
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Gross Profit |
659 |
587 |
12.2 % |
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2,501 |
2,388 |
4.7 % |
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Gross margin |
32.8 % |
32.8 % |
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|
32.0 % |
33.7 % |
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EBIT |
246 |
148 |
66.7 % |
|
887 |
632 |
40.4 % |
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EBIT margin |
12.3 % |
8.2 % |
|
|
11.3 % |
8.9 % |
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Net Income |
127 |
392 |
-67.5 % |
|
404 |
624 |
-35.2 % |
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Net margin |
6.3 % |
21.9 % |
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|
5.2 % |
8.8 % |
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EPS (NIS) |
1.09 |
3.36 |
-67.6 % |
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3.47 |
5.35 |
-35.1 % |
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EBITDA |
348 |
228 |
52.6 % |
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1,253 |
982 |
27.6 % |
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EBITDA margin |
17.3 % |
12.7 % |
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|
16.0 % |
13.9 % |
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Operating Cash Flow |
369 |
221 |
67.0 % |
|
461 |
560 |
-17.7 % |
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Capex, Net |
-138 |
-170 |
-18.8 % |
|
-494 |
-543 |
-9.0 % |
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Free Cash Flow |
231 |
51 |
352.9 % |
|
-33 |
17 |
-294.1 % |
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Net debt |
2,093 |
1,670 |
25.3 % |
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2,093 |
1,670 |
25.3 % |
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Net debt / EBITDA |
1.67 |
1.70 |
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1.67 |
1.70 |
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Conference Call
On
To participate in the webinar please use the following link: https://us02web.zoom.us/webinar/register/WN_hiHqsciIS7yFmlS12uDihw#/registration
In addition, on
To participate in the webinar please use the following link: https://us02web.zoom.us/webinar/register/WN_DzsSd8YDS-yFKftpRsN-qw
Webinar ID: 892 3208 6411
Questions for the questions and answers session may be submitted (up to 2 hours) in advance to: avshalom.shimi@strauss-group.com
Management's review will be accompanied by a presentation which will be available on the Investor Relations section of our website on
https://ir.strauss-group.com/
Likewise,
A recording of the webinar will be available on the company's website shortly following the webinar.
For further information, please contact:
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Telem Yahav
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Forward Looking Statement Disclaimer
This press release does not constitute an offering to purchase or sell securities of
The press release may contain forward-looking statements as defined in the Israeli Securities Law, 5728-1968. All forward-looking statements in this press release are made based on the Company's current expectations, evaluations and forecasts, and actual results may differ materially from those anticipated, in whole or in part, as a result of different factors including, but not limited to, changes in market conditions and in the competitive and business environment, regulatory changes, currency fluctuations or the occurrence of one or more of the Company's risk factors. In addition, forward-looking forecasts and evaluations are based on information in the Company's possession while preparing the press release. The Company does not undertake any obligation to update forward-looking forecasts and evaluations made herein to reflect events and/or circumstances that may occur after this press release was prepared.
References:
1
The data presented in this document is based on the company's Non-GAAP figures, which include the proportionate consolidation of jointly-controlled entities and exclude the following: share-based compensation; end-of-period mark-to-market valuations of open financial derivative positions used for commodity hedging; timing adjustments for gains and losses from commodity derivatives, which are deferred until the related inventory is sold to third parties; other net income/expenses; and the related tax effects, unless stated otherwise.
2
Q4-2025 and FY-2025 results in this earnings release are presented in comparison to Q4-2024 and FY-2024, respectively, unless otherwise stated.
3 Q4-2025 and FY-2025 results in this earnings release are presented in comparison to Q4-2024 and FY-2024, respectively, unless otherwise stated.
SOURCE