Israeli food and beverage firm Strauss Group has seen overseas growth drive an increase in third-quarter profits.
Strauss, which produces Sabra salads and Max Brenner confectionery, booked operating profit of NIS145.7m (US$37.7m) – a jump of over 25% – for the three months to the end of September.
Revenue rose 17.6% to NIS1.6bn, buoyed by a jump in US of the company’s Sabra salads, which leapt 82%.
Strauss has 27% of the Mediterranean salads category in the US and has been linked to a possible local tie-up with PepsiCo.
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.
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