Willi-Food(US:WILC) Prnewswire·2025-11-17 11:00Core Viewpoint - G. Willi-Food International Ltd. reported improved gross and operating profit margins for the third quarter of 2025, maintaining sales levels despite fewer working days, and anticipates further growth driven by operational excellence and strategic investments [3][4][6]. Financial Performance Summary - Sales for Q3 2025 were NIS 152.8 million (US$ 46.2 million), unchanged from Q3 2024 [6][10]. - Gross profit increased by 2.6% year-over-year to NIS 43.1 million (US$ 13.0 million), representing 28.2% of revenues compared to 27.5% in Q3 2024 [7][10]. - Operating profit rose by 4.1% year-over-year to NIS 18.3 million (US$ 5.5 million) [9][10]. - Net profit for Q3 2025 was NIS 19.2 million (US$ 5.8 million), or NIS 1.4 (US$ 0.4) per share, down from NIS 20.8 million (US$ 6.3 million) in Q3 2024 [12][10]. Nine-Month Performance Summary - Sales for the nine-month period ending September 30, 2025, increased by 5.2% to NIS 458.2 million (US$ 138.6 million) compared to NIS 435.5 million (US$ 131.7 million) in the same period of 2024 [15][21]. - Gross profit for the first nine months rose by 7.5% to NIS 131.7 million (US$ 39.8 million), or 28.7% of revenues [16][21]. - Operating profit before other expenses increased by 16.7% to NIS 58.8 million (US$ 17.8 million) [19][21]. - Net profit for the first nine months surged by 52.9% to NIS 70.6 million (US$ 21.3 million), or NIS 5.1 (US$ 1.5) per share [24][21]. Operational Insights - The company maintained sales levels despite having approximately three fewer working days in Q3 2025, indicating operational resilience [4][6]. - The decline in exchange rates post-war in Gaza has allowed the company to improve import prices, enhancing its competitive position [5]. - A new refrigerated logistics center is under construction, expected to open by the end of Q1 2026, which will enhance logistical capabilities and support entry into new food categories [5][3]. Cash and Securities Position - As of September 30, 2025, the company had a cash and securities balance of NIS 225.4 million (US$ 68.2 million) [10][13].