ISRAEL: Osem posts rise in Q4 net profit
Israeli food maker Osem, which is 50.1% owned by Swiss food giant Nestlé, has reported fourth-quarter net profit of NIS33.3m (US$7.1m), compared to NIS30.7m a year earlier. The company's revenue was NIS559.0m in the fourth quarter of 2002, up from NIS545.1m in the year-ago period. Fourth-quarter operating profit was NIS50.8m, compared with NIS43.9m a year earlier.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- General Mills sales woes continue - analysis
- Why personalisation will take-off in US food
- Comment: Meal kits in US - don't believe the hype
- US food next wave on display at Winter Fancy Food
- Column: Kraft Heinz, Unilever and sustainability
- Unilever 'lining up spreads sale'
- UK own-label firm Park Cakes sold in MBO
- Kraft Heinz cuts jobs in US, Canada
- Immigration crackdown "risk" for US dairy industry
- BRF plant suspended amid bribery allegations