Israeli food and beverage firm Strauss Group saw operating income drip in 2008 but said a series of one-off items boosted earnings at the net level.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The company said today (25 March) that operating profit fell 3.7% to NIS480.3m (US$117.2m) during 2008.


Net profits jumped by 86.2% to NIS461.5m thanks to proceeds from the allotment of a 25.1% stake in Strauss Coffee, the consolidation of the Sabra business and the sale of its kosher distribution unit in the US.


President and CEO Erez Vigodman said: “This year we continued to grow and drive profitability for the sixth year in a row, while managing the unprecedented macro challenges the year brought, developing and enhancing both our core business and financial strength.”

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now