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G. Willi-Food International Q1 sales up 32.0%

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Christian Fernsby ▼ | May 22, 2020
G. Willi-Food International announced its unaudited financial results for the first quarter ended March 31, 2020.
G. Willi-Food International
G. Willi-Food International   Sales increased 32.0%
First quarter fiscal year 2020

Topics: G. Willi-Food International

Sales increased by 32.0% year-over-year to NIS 129.1 million (US$ 36.2 million).

Gross profit increased by 37.5% year-over-year to NIS 41.5 million (US$ 11.6 million).

Operating profit increased by 50.9% year-over-year to NIS 19.0 million (US$ 5.3 million).

Net profit decreased by 92.5% year-over-year to NIS 1.2 million (US$ 0.3 million).

Cash and securities balance of NIS 242.6 million (US$ 68.1 million) as of March 31, 2020.

Earnings per share of NIS 0.09 (US$ 0.03).