G. Willi-Food has reported a drop in sales and profits for the first half of the year contributed to by "continued cautious buying patterns" among Israeli consumers seen in the second quarter.

Net income for the first half fell 78.5% to NIS5.3m (US$0.7m). Operating income fell 55.9% to NIS5.3m and sales decreased 9.7% to NIS157.4m.

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

During the second quarter the firm reported a net loss of NIS0.2m and a fall in operating profit of 42.1% to NIS3.2m. Sales fell 10.1% to NIS71.2m

Co-chairman of Willi-Food, Zwi Williger, said sales and profit margins in the quarter were "negatively affected by continued cautious buying patterns demonstrated by our customers, and the increasingly competitive Israel food retail sector".

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