G. Willi-Food International Ltd. has announced its unaudited financial results for the first quarter of 2025, revealing a 6.5% increase in sales to NIS 144.8 million (US$ 38.9 million) compared to NIS 136.0 million (US$ 36.6 million) in the same period in 2024. The company's gross profit rose by 28.8% year-over-year to NIS 44.6 million (US$ 12.0 million), while operating profit saw a substantial increase of 71.7% to NIS 20.0 million (US$ 5.4 million). The net profit for the period grew by 5.1% to NIS 19.5 million (US$ 5.2 million), with basic earnings per share recorded at NIS 1.41 (US$ 0.38). The management attributed the growth in operating profit primarily to the increase in gross profit. However, financial income, net decreased significantly to NIS 5.2 million (US$ 1.4 million) from NIS 11.5 million (US$ 3.1 million) in the first quarter of the previous year. This reduction was mainly due to changes in the revaluation of the company's portfolio of securities and interest and dividend income. The company ended the first quarter with a cash and cash equivalents balance of NIS 234.0 million (US$ 62.9 million) and shareholders' equity of NIS 603.0 million (US$ 162.2 million). The management highlighted their ongoing efforts to expand the product portfolio and strengthen the presence of traditional core products to drive future sales growth.
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