Strauss Group delivers NIS 5.2 billion in revenues in first half of 2023 with 10% organic growth[1] as margin erosion persists, and NIS 219 million in net profit[2]

Alongside business growth in Israel, Brazil, China and Europe, Strauss Group has contended with continuing profit erosion and elevated raw material prices; CEO Shai Babad: “We continue to pursue the implementation of our strategic plans and consumer-centric innovation, while implementing…