Key Group Financial Highlights – First Quarter 20262
- Group net sales of NIS 3.0 billion, up 0.4%. Excluding FX effect, sales grew by 2.5%.
- Group EBIT of NIS 316 million, up 67.9%, representing an EBIT margin of 10.5%, compared to EBIT margin of 6.3% in Q1-2025.
- Group net profit to shareholders of NIS 181 million, up 126.1%.
- Solid Group free cash flow performance improving by NIS 449 year-on-year to NIS -46 million.
- Solid financial position strengthened further with Net debt/EBITDA ratio at 1.5x as compared to 1.6x in Q4-2025 and 2.3x in Q1-2025.
PETAH TIKVA, Israel, May 20, 2026 /PRNewswire/ — Strauss Group Ltd. (TASE: STRS) reported its financial results for the first quarter of 2026, that ended March 31st, 2026.
Shai Babad, CEO and President of Strauss Group: “The first quarter of 2026 continues the positive momentum that began in 2025, and reflects the implementation of the Group’s strategy. In Q1 we remained focused on our coffee operations – our JV in Brazil and our coffee activities in CEE – and made progress with the turnaround of the confectionery business in Israel. We continued to invest in growth engines, in innovation and in the development of our plant-based milk substitutes, alongside the acquisition of Yoki by 3corações in Brazil – a strategic step that expands our JV presence in Brazil beyond coffee. In Israel, we restored profitability of our confectionery business. Importantly, we delivered volume growth across all our key activities in Q1, and opened 2026 with a solid foundation looking ahead.”
(1) The data presented in this document is based on the company’s Non-GAAP figures, which include the proportionate consolidation of jointly-controlled entities and exclude the following: share-based compensation; end-of-period mark-to-market valuations of open financial derivative positions used for commodity hedging; timing adjustments for gains and losses from commodity derivatives, which are deferred until the related inventory is sold to third parties; other net income/expenses; and the related tax effects, unless stated otherwise.
(2) Q1-2026 results in this earnings release are presented in comparison to Q1-2025, unless otherwise stated.
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Table 1: Key financial data, based on the Group’s managerial (non-GAAP) reports: (1) |
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|
(NIS, millions) |
Q1-2026 |
Q1-2025(2) |
% Change |
% Change excl. FX |
|
Group Net Sales |
3,001 |
2,990 |
0.4 % |
2.5 % |
|
Gross Profit |
957 |
781 |
22.6 % |
24.4 % |
|
Gross margin |
31.9 % |
26.1 % |
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|
EBIT |
316 |
189 |
67.9 % |
71.0 % |
|
EBIT margin |
10.5 % |
6.3 % |
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|
Net Income Attributable to Shareholders |
181 |
81 |
126.1 % |
|
|
Net margin |
6.0 % |
2.7 % |
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|
EPS (NIS) |
1.55 |
0.69 |
125.4 % |
|
|
EBITDA |
423 |
290 |
45.6 % |
|
|
EBITDA margin |
14.1 % |
9.7 % |
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|
Operating Cash Flow |
101 |
-347 |
129.1 % |
|
|
Capex, Net |
147 |
148 |
-0.7 % |
|
|
Free Cash Flow |
-46 |
-495 |
90.7 % |
|
|
Net debt |
2,354 |
2,652 |
-11.2 % |
|
|
Net debt / EBITDA |
1.5x |
2.3x |
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