#Israel #financial results #Yavne #Q1 2026 #G. Willi-Food

G. Willi-Food International Reports Strong Financial Growth in Q1 2026

G. Willi-Food International Ltd., a prominent player in the kosher food market, recently revealed its financial results for the first quarter of 2026, highlighting significant growth in sales and profitability. The company, which trades on NASDAQ under the ticker symbol WILC, reported an 8.3% increase in sales, reaching NIS 157.0 million (approximately US$ 49.6 million), compared to NIS 144.8 million (about US$ 45.8 million) in the same quarter last year.

The increase in revenue has been attributed to improved availability of its products and a growing demand from consumers. Correspondingly, gross profit for the same period surged by 9.7%, amounting to NIS 49.0 million (around US$ 15.5 million), demonstrating a gross margin of 31.2%.

During this quarter, operating profit remained stable at NIS 20.0 million (US$ 6.3 million), marking a consistent performance compared to the prior year. Notably, net profit saw a 3.0% increase from NIS 19.5 million (US$ 6.2 million) in Q1 2025 to NIS 20.1 million (US$ 6.3 million) this quarter, aligning well with the company's growth strategy.

Management Insights

Chairman Zwi Williger and CEO Joseph Williger expressed their satisfaction with the first quarter results, which they attribute to the successful execution of the company’s strategic plans. They emphasized the importance of focusing on a more profitable product mix while ensuring product availability to cater to the rising consumer demand. The appreciation of the New Israeli Shekel (NIS) against the U.S. dollar and Euro has further supported the company’s cost structure, allowing for competitive pricing.

As part of its growth strategy, Willi-Food is advancing the construction of a new refrigerated logistics center, although its completion has faced delays due to ongoing geopolitical tensions in the region. The facility is expected to enhance operations and support the expansion of the company’s distribution capabilities.

Financial Highlights

• - Sales: Increased to NIS 157.0 million (US$ 49.6 million)
• - Gross Profit: Rose by 9.7% to NIS 49.0 million (US$ 15.5 million)
• - Operating Profit: Kept steady at NIS 20.0 million (US$ 6.3 million)
• - Net Profit: Increased by 3.0% to NIS 20.1 million (US$ 6.3 million)
• - Earnings per Share: Reached NIS 1.44 (US$ 0.5)
• - Cash and Equivalents: Totaled NIS 274.1 million (US$ 86.6 million) at the end of March 2026

Furthermore, the company's shareholders' equity at the end of March was reported at NIS 653.8 million (approximately US$ 206.6 million). Management remains optimistic about sustaining this growth trajectory and generating long-term shareholder value.

Looking Forward

With a robust financial foundation and a clearly defined strategic direction, G. Willi-Food International is poised for continued success in the kosher food market. As the company progresses with its logistics center and maintains its focus on product profitability, stakeholders can expect further positive developments throughout the year.