News Briefs
  • 8:45

    Strauss sales up but revenue down

    The Strauss Group has summed up the second quarter of 2019 with revenues of 2.07 billion shekels, a decrease of 1.4 percent compared to revenues in the corresponding quarter of 2018.

    In organic calculation and neutralizing the effects of exchange rates it is a 1.7% improvement in sales volume. The company says the main reason for this discrepancy is the weakening of exchange rates on coffee operations abroad.