Israeli company Strauss Group Ltd (OTC: SGLJF) reported a flat fourth-quarter earnings.
Strauss reported its Q4 net profit at 33 million shekels ($8.9 million), the same as in the year-ago quarter. Its sales rose to ILS2.1 billion, from ILS1.8 billion.
Strauss' full-year net profit dropped to ILS161 million, versus ILS211 million in 2010. Its sales revenue climbed 13% to ILS7.7 billion.
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