G. Willi-Food International Ltd. reported its unaudited financial results for the first quarter ended March 31, 2025, showing continued growth in sales and profitability. Sales increased by 6.5% to NIS 144.8 million (US$ 38.9 million) from NIS 136.0 million in the first quarter of 2024.
Gross profit for the quarter rose by 28.8% to NIS 44.6 million (US$ 12.0 million), representing 30.8% of revenues, up from 25.5% in Q1 2024. Operating profit saw a substantial increase of 71.7% to NIS 20.0 million (US$ 5.4 million), or 13.8% of revenues.
Net profit for the first quarter of 2025 was NIS 19.5 million (US$ 5.2 million), or NIS 1.41 (US$ 0.38) per share. The company maintained a strong cash position, ending the quarter with NIS 234.0 million (US$ 62.9 million) in cash and securities, and reiterated that its new logistics center is expected to be completed by the end of 2025.
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