Osem Investment, the Israeli food group controlled by Nestle, booked higher third-quarter sales and steady earnings in the third quarter of the year.

In a regulatory filing, the company said sales totalled ILS1.12bn (US$289.9m) in the three-month period, up 4.2% from ILS1.08bn last year. The company attributed the growth to its strategy of “expanding activity by promoting Nestle products, penetrating new areas of business in Israel and overseas, and launching new products”.

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

Adjusted operating profit gains lagged somewhat as margins were squeezed. Adjusted operating profit increased 1.6% in the period to ILS142.2m. Operating margin fell to 12.8% of sales from 13.1%, the group revealed.

Third-quarter net profit edged up to ILS102m, from ILS101.3m.

Click here to view the announcement in Hebrew.

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