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Stock impact report

G. WILLI-FOOD INTERNATIONAL REPORTS 9.0% INCREASE IN SALES AND A RECORD HIGH ANNUAL SALES IN 2023

G. Willi-Food International, Ltd. - Ordinary Shares (WILC) 
US:NASDAQ Investor Relations: willi-food.com
Company Research Source: PR Newswire
YAVNE, Israel, March 21, 2024 /PRNewswire/ -- G. Willi-Food International Ltd. (NASDAQ: WILC) (TASE: WILF) (the "Company" or "Willi-Food"), a global company that specializes in the development, marketing and international distribution of kosher foods, today announced its financial results for the fiscal year ended December 31, 2023.Fiscal Year 2023 HighlightsSales increased by 9.0% to NIS 543.3 million (US$ 149.8 million) from NIS 498.3 million (USD 1374. million) in fiscal year 2022.Gross profit decreased by 15.9% from fiscal year 2022 to NIS 120.6 million (USD 33.3 million) in 2023.Operating profit decreased by 54.9% from fiscal year 2022 to NIS 20.4 million (USD 5.6 million) in 2023.Cash and cash equivalents balance of NIS 239.6 million (USD 66.1 million) as of December 31, 2023.Basic earnings per share of NIS 2.28 (US$ 0.63).Management Comment Zwi Williger Chairmen & Joseph Williger CEO, commented: "We are very pleased to present our fiscal year 2023 financial results with record Show less Read more
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