Telsys Ltd.TASE: TLSY

TLSY: Revenue and profit declined sharply in 2024, but Q4 showed early signs of recovery

· Issued by Telsys Ltd.

Revenue fell 28.5% year-over-year to ₪392 million as both SOM and distribution sales declined due to customer inventory drawdown, but Q4 showed improvement. Net income was ₪95.7 million, with major dividends paid and a new CEO appointed.

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