Strauss Group Ltd Ord (SGLJF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everyone, and thank you for joining us today. Welcome to Strauss Group's first quarter 2026 results earnings call. On our call today, management will provide a review of the results followed by questions and answer sessions. You are encouraged to post your questions to the Q&A function in the Zoom. As a reminder, this earnings call is being recorded Wednesday, May 20, 2026. A recording of this call will be available on the company's website a few hours after the call. With me today are Mr. Shai Babad, Strauss Group's President and CEO, and Mr. Toby Fishbane, the Group CFO, and myself, Absalom Shimi, Head of Investor Relations. I would like to remind everyone that this online webinar may contain projections or other forward-looking statements regarding future events or the future performance of the company. These statements are only predictions and may change as time passes. Strauss Group does not assume any obligation to update this information. An actual event or result may differ materially from those projected, including as a result of changing industry and market trends, reduced demand for our products, the timely development of new products and their adoption by the market, increased competition in the industry and price reductions, as well as due to risks identified in the documents filed by the company with the Israeli Securities Authority. Shai, the floor now is yours. Thank you very much, Afshin. Good afternoon, everybody, and thank you very much for joining us for our new calls. Just to quickly summarize the highlights of this quarter, so as you can see in our financial reports, there's a substantial increase in our EBIT. We rose by 68% from last year, reaching 360 million shekels, and for the first time in five years, we got back to double-digit mar...