Strauss Group

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ISRAEL: Increased investment, FX hit Strauss profits

27 May 2014

Strauss Group booked a near-5% increase in organic sales but currency exchange and an increased investment in product support held back the group's result.

US: PepsiCo venture files FDA hummus petition

19 May 2014

Sabra Dipping Co., the venture between PepsiCo and Israel's Strauss Group, has filed a petition in the US to establish standards for hummus.

ISRAEL: PepsiCo dips JV helps Strauss FY profits

26 Mar 2014

Israel-based food and beverage maker Strauss Group today (26 March) reported a jump in annual profits.

just the answer - Strauss Group CFO Shahar Florence

25 Mar 2014

Israel's Strauss Group is a food and beverage maker with interests in sectors from coffee and chocolate to dairy and dips. Coffee accounts for over half of Strauss's sales but the company has aspirations to grow its food business. Hannah Abdulla met Strauss CFO Shahar Florence to find out more.

ISRAEL: Strauss shares up on underlying profit hike

26 Nov 2013

Shares in Israeli coffee-to-houmous manufacturer Strauss Group climbed today (26 November) despite lower reported earnings as underlying profits increased.

ISRAEL: Coffee, dips boost Strauss H1 profits

20 Aug 2013

Higher profits from coffee and from its international dips and spreads operations have boosted half-year earnings at Israel-based firm Strauss Group.

Best bits: PepsiCo, Unilever face calls for radical change

29 Jul 2013

PepsiCo and Unilever are facing suggestions from parts of the investment community they should embark on wholesale changes to boost growth. Dean Best looks at whether the companies will listen.

ISRAEL: Strauss profit rises on lower costs

28 May 2013

Israeli food-to-coffee company Strauss Group has booked an increase in first-quarter profits, despite lower sales.

US: Sabra opens Virginia R&D facility

1 May 2013

Sabra Dipping Co., the dips venture run by PepsiCo and Israeli food group Strauss, has opened an R&D centre in Chesterfield, Virginia.

ISRAEL: Strauss FY profits, sales rise

20 Mar 2013

Israeli food maker Strauss Group has booked an increase in full-year earnings, boosted by organic sales growth.

The ten most-read interviews on just-food in 2012

18 Dec 2012

just-food's interviews with senior executives in the international food sector provide exclusive insight into how the leading lights in the industry deal with the challenges and embrace the opportunities in front of them. This year, the most-read interviews on just-food included one-on-ones with companies from General Mills and Heinz to Russian retail giant Magnit to the UK government minister responsible for food policy.

ISRAEL: Dips growth boosts Strauss Group Q3

21 Nov 2012

Israeli food maker Strauss Group has booked an increase in third-quarter profit thanks to strong growth from its Sabra dips and international coffee divisions.

ISRAEL: Strauss Group books H1 profit increase

22 Aug 2012

Israeli food maker Strauss Group has booked an increase in profit for the first half of the year.

Editor's choice: the highlights on just-food last week

30 Jul 2012

A number of food multinationals last week reported first-half results. Highlights among them were Hershey's belief the US confectionery sector was at a new, elevated level of growth, while Mead Johnson, the infant formula firm, cut its sales forecast on slower growth in China. Elsewhere, UK dairy companies shelved plans to cut the price they pay farmers for milk and the US drought caused fears for inflation next year.

The just-food interview - PepsiCo, Strauss JV Obela

25 Jul 2012

PepsiCo and Strauss Group have taken their Sabra dips and spreads business outside North America for the first time. The companies have launched the Obela brand in Mexico and, in this month's just-food interview, Michelle Russell catches up with Obela chief executive Giora Bar Dea to discuss the plans for the brand and its potential for international expansion.

Editor's choice: the highlights on just-food last week

18 Jun 2012

Tesco and Sainsbury's reported first-quarter trading updates this week and both UK retailers faced questions over their prospects for the rest of the year. US meat giant Smithfield Foods also faced analysts after it posted its full-year results, with CEO Larry Pope arguing Wall Street does not value the company highly enough. Elsewhere, Arla announced a tie-up in China, PepsiCo made Mexico the first market for its global dips venture and UK firm Premier Foods plc offloaded another of its businesses.

MEXICO: PepsiCo, Strauss start Obela dips launch in Mexico

12 Jun 2012

PepsiCo and Israeli food maker Strauss Group are to launch a range of dips and spreads for the Mexican market.

ISRAEL: Strauss Q1 profits hit by costs

28 May 2012

An increase in first-quarter sales failed to stem a drop in profits for Israeli food maker Strauss Group as higher energy and raw material prices hit earnings.

ISRAEL: Strauss profits drop on higher costs

27 Mar 2012

Israeli food maker Strauss Group has booked a drop in full-year profits, as margins were eroded by rising commodity costs and downward pressure on prices.

ISRAEL: Q3 jump fails to prevent nine-month profit fall at Strauss

16 Nov 2011

An increase in third-quarter profits at Strauss Group was not enough to prevent the Israel-based food and drink maker reporting lower earnings over the first nine months of 2011.

ISRAEL: High costs hit Strauss bottom line

17 Aug 2011

Strauss Group has revealed that half-year profits have dropped due to high raw-material prices.

ISRAEL: Coffee costs hit Strauss Q1 profits

18 May 2011

Rising coffee prices have hit profits at Strauss Group, the Israel-based food and beverage maker.

Editor's choice: the highlights on just-food this week

18 Mar 2011

It seems one of the biggest M&A stories in the food industry in recent months is reaching the final chapter, with the news today (18 March) that General Mills is in exclusive talks to buy into French dairy business Yoplait. The potential investment capped a week in which just-food covered the IFE food-industry exhibition in London, PepsiCo set up a venture to sell dips worldwide with Israel's Strauss Group and Kraft Foods, Unilever and Dr Oetker were fined for anti-competitive behaviour in Germany. Click on the headlines to find out more.

GLOBAL: PepsiCo, Strauss establish dips JV

16 Mar 2011

US snack maker PepsiCo has set up a 50-50 joint venture with Israeli food maker Strauss Group to produce and sell fresh dips and spreads in "key markets" outside North America.

ISRAEL: Strauss hails "record" year

16 Mar 2011

Israeli food company Strauss Group has hailed a "record" year, booking an increase in sales and profits during 2010.

ISRAEL: Strauss subsidiary buys California Creative Foods

14 Sep 2010

Israeli food maker Strauss Group has acquired the refrigerated salsa and dips business of California Creative Foods ("CCF") through its 50%-owned subsidiary Sabra Dipping Co.

ISRAEL: Strauss Group profits rise in H1

17 Aug 2010

Israeli food and drinks firm Strauss Group has recorded an increase in first-half profits.

ISRAEL: Strauss names strategy, business development boss

15 Jun 2010

Israeli food maker Strauss Group has appointed Tomer Harpaz as its vice president for strategy and business development.

US: Sabra Dipping opens “green” manufacturing facility

27 May 2010

Sabra Dipping Co, the US joint venture between Israel's Strauss Group and PepsiCo, has opened the doors to an “energy efficient” manufacturing facility in Colonial Heights, Virginia.

ISRAEL: Strauss books Q1 profit increase

24 May 2010

Israeli food and drinks firm Strauss Group has booked an increase in first-quarter profits as it continues to expand in its domestic market.


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