Strauss Group, the Israel-based food maker, said international expansion drove higher sales and earnings last year.
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Sales for 2007 were up 15.6%, totalling ILS5.9bn (US$1.7bn), while operating profit, on a pro-forma basis, jumped 18.6% to ILS512.2m.
Improvement in sales was achieved mainly through growth from its coffee business.
“2007 is another milestone in the group’s international growth process,” said chairman Ofra Strauss.
“The group will continue its growth and international expansion process in the coming years as well, and we are constantly engaged in building infrastructures and processes to this end.”
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