Israeli food maker Osem Investments has posted a drop in fourth-quarter net profit, according to reports.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The Israeli company, which is 53.8% owned by Nestle, saw its net profit fall to ILS65.9m (US$15.7m) from ILS79.2m in the previous year.


Osem said the decline was due to a capital gain in the 2007 fourth quarter from the sale of real estate.


Excluding one-off items, net profit in the quarter grew 5% to ILS56.8m and sales rose 6% to reach ILS788.9m.


Earlier this year, a unit of Osem completed a US$20m deal to buy US vegetarian food producer Foodtech International.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.