G. Willi-Food International Ltd.

G. Willi-Food International Ltd. (WILC) reported strong FY 2025 results with sales of $610.6M, up 6.0% YoY from $575.8M, driven by increased inventory levels, improved product availability, and higher demand. Gross profit rose 8.4% to $174.8M (28.6% margin vs. 28.0% prior), reflecting better commercial terms, a more profitable product mix, and favorable exchange rates. Operating profit surged 35.6% to $74.4M (12.2% margin), boosted by gross profit growth and lower other expenses after a $3.6M prior-year Competition Authority fine. Net income climbed 28.6% to $90.4M, with EPS at $6 (up from $5). Finance income net was $42.2M, mainly from securities revaluation ($33.0M) and interest/dividends ($10.6M). Balance sheet strengthened with total assets at $720.3M (up from $686.4M), cash at $124.2M, and equity at $655.1M. Operating cash flow was $58.8M, supporting $49.9M dividends. Key segments: Dairy/dairy substitutes $66.6M (34.8% of sales), canned vegetables/fruits/pickles $34.6M (18.0%). Forward outlook focuses on logistics expansion and M&A amid geopolitical risks.

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