Kosher food specialist G. Willi-Food said it has recorded another “robust” quarter, with “strong” sales growth and an increase in profits.
Earnings increased 70.8% to NIS8.3m (US$2.3m) in the first quarter to the end of March. Operating profit was up 94.2% to NIS9.2m.
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Chairman Zwi Williger said the results were boosted by the continued expansion of sales volumes of its higher-margin products to new and existing customers.
Sales in the period were up 23% to NIS90.6m due to the introduction of new products and increased sales and promotion activities initiated during the quarter.
