Market Overview

Strauss Group Q3 Net Profit Rises 17%

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Israeli food maker Strauss Group (OTC: SGLJF) posted a 17% gain in its third-quarter profit.

Strauss reported its quarterly earnings of 81 million shekels ($22.8 million), up from 69 million, in the year-ago period.

Its sales fell 1.9% to 2.04 billion shekels, while global coffee sales dropped 9% to 954 million shekels.

Posted-In: profitEarnings News

 

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