News & Media

Third Quarter Financial Results: Strauss Group concludes a strong quarter with an increase of 10% in Sales to NIS 3.3 billion and an increase of 43% in Net Income to NIS 146 millionShai Babad, CEO and President of Strauss Group: "The Group is on a growth trajectory, demonstrating improvement in profitability and increase in market share across most key market segments. Alongside continued impressive growth in our international coffee business, led by the coffee JV in Brazil, we have reinforced our beloved brands in Israel through innovation. Last month we inaugurated Michael's Campus in the North of Israel, which includes a new plant-based dairy facility at an investment of approximately NIS 270 million—a strategic investment that creates jobs, develops the local economy, and brings innovative products to market. Additionally, we launched the new ‘Tami4 Shabbat’ water bars and introduced the Cow-Free category, representing groundbreaking innovation in the dairy alternatives space. Today, Strauss stands in a position of strength, with growth engines in Israel and abroad, and a solid foundation for continued progress in the coming years."Quarterly Highlights[2]:Strauss Group: Significant sales growth reaching NIS 3.3 billion, up 9.6%, improved operating profit and margin, mainly from Coffee International in addition to implementation of productivity initiatives. Pro-forma growth reached 16.3%. Strauss Israel: Growth in sales and market share alongside decline in profit and margin, primarily in the Health & Wellness segment. Coffee International: Significant growth in sales and operating profit, mainly due to pricing in the coffee JV in Brazil. The coffee companies in Central Eastern Europe have established their position as # 2-3 player in the market. Strauss Water: Continued revenue growth alongside decline in profit and margin, mainly due to reduced profitability in Haier Strauss Water in China following intense competition. Innovation and new launches: Inauguration of Michael's Campus in the North of Israel, launch of Cow-Free and Tami4Shabbat.Third Quarter 2025 Financial Highlights2:The Group’s sales grew approximately 9.6% to NIS 3,277 million (13.2% excluding FX). EBIT increased approximately 40.1% to NIS 312 million, representing 9.5% of sales, in comparison to NIS 223 million, 7.4% of sales. Net income attributed to shareholders increased approximately 42.7% to NIS 146 million, 4.4% of sales, in comparison to NIS 102 million, 3.4% of sales. Free cash flow of NIS 245 million, compared to negative free cash flow of NIS 98 million.[1] The data presented in this document are based on the company’s Non-GAAP figures, which include the proportionate consolidation of jointly controlled entities and exclude the following: share-based payments; end-of-period mark-to-market valuations of open financial derivative positions used for commodity hedging; timing adjustments for gains and losses from commodity derivatives, which are deferred until the related inventory is sold to third parties; capital-based compensation; other net income/expenses; and the related tax effects, unless stated otherwise. All changes are in comparison with the corresponding period last year, unless stated otherwise. [2] Q3-2025 and 9M-2025 results in this earnings release are presented in comparison to Q3-2024 and 9M-2024, respectively, unless otherwise stated. Click here to read more

25 years since last establishing a production plant in Northern Israel Strauss Group unveils state-of-the-art plant-based dairy facility at Michael’s Campus, Achihud, following NIS 270 million investment The new facility will serve as a major industrial, economic and employment engine to drive Northern Israel’s recovery, and will enable Strauss Group, for the first time, to manufacture non-dairy versions of its portfolio“This undertaking is an expression of our profound commitment to developing local industry, bolstering national resilience, and leading Israeli innovation in the growing global market”Strauss Group is currently inaugurating a new plant-based dairy production facility, forming part of Michael’s Campus in Achihud in Northern Israel, with a significant investment of NIS 270 million.The opening of Michael’s Campus is the realization of Michael Strauss’s vision. Michael Strauss always dreamed of developing the north and establishing Israeli industry as a global leader. For us, “Nourishing a Better Tomorrow” holds profound meaning – particularly in times like these. Building new industry in Israel at the present time is a statement: We’re here to stay, to build, to invest in the future of Israel and the north.This is the first industrial site to be constructed by Strauss in the region since the Group last established a production plant in Israel’s north 25 years ago, and represents a strategic step in shaping an advanced, sustainable domestic food industry.The new facility will manufacture a variety of plant-based beverages, yogurts and desserts, integrating advanced food technology with innovative approaches to meet the growing global demand for products designed for healthier, more mindful consumption.The project aligns with Strauss Group’s vision of “Nourishing a Better Tomorrow” and reflects a deep commitment to driving Northern Israel’s recovery post-war, strengthening industrial and social resilience in the Galilee, and sustaining the growth of local industry during challenging times. Shai Babad, President & Chief Executive Officer: “The plant-based dairy production facility is much more than an industrial project – it’s a symbol of hope, vision, and our commitment to the north. This is a strategic investment that creates jobs, develops local industry, and delivers innovative products that are aligned with a growing global trend. To us, this plant is part of the recovery and rehabilitation of Northern Israel, creating a link between a many years-long legacy and an investment in the future.”  Celebratory launch with a special edition of Pesek Z’man Oat DrinksThe first products to be manufactured at the new facility are four oat-based beverages, bearing the Strauss logo, using an improved recipe: Alpro Barista Oat Chilled Drink 1 liter, Alpro Oat Vanilla Chilled Drink 1 liter, a special edition of Pesek Z’man Oat Chilled Drink 750 ml in celebration of the launch, and Barista Oat Chilled Drink 500 ml. Strauss Group plans to later launch chilled soy drinks, as well as plant-based versions of its popular established brands to cater to a broader consumer base.  

Strauss Group Unveils A Game-Changing New Product Line: CowFree For the first time in Israel: the CowFree product line Introducing in Israel: CowFree Yotvata products and Symphony cream "cheese" based on animal free BLG protein, a protein identical in composition to one of the key proteins found in cow’s milk, produced through precision fermentation technology; This new category reflects Strauss Group's purpose of "Nourishing a Better Tomorrow" by bringing Food-Tech innovation within reach of consumers. The first products in the CowFree line—will be available in retail stores across Israel in the next few weeks.The first products in the range that are planned to be launched in the coming few weeks, are CowFree "Symphony" cream "cheese" and Yotvata CowFree drink, enriched with calcium and high-quality protein containing all essential amino acids. Since the protein is structurally identical to milk protein, the products are not suitable for individuals with milk protein allergies. Yotvata CowFree drink will be certified under ‘Rubin’ Mehadrin kosher standards, while Symphony CowFree will carry Rabbanut kosher certification. Additional products in the CowFree line are expected to follow. Strauss is the first Israeli company, and among the first globally, to bring this technological innovation to the refrigerated aisle. This launch reflects the global trend of innovation and advanced nutritional technologies, making them accessible to Israeli consumers through a diverse range of high-quality, great-tasting offerings.The CowFree product line provides solutions for broad populations. For example: those who separate meat and dairy will be able to consume Yotvata CowFree and enjoy a cappuccino even after a meat-based meal; additionally, consumers sensitive to lactose will benefit as well. Vegans and those reducing their consumption of animal-based foods will be able to enjoy a dessert based on Symphonia CowFree. Overall, the products will offer more choice to a wide variety of audiences and communities.Shai Babad, President and CEO of Strauss Group, said: “The announcement we are making today to the Israeli consumer is part of a series of innovative initiatives led by Strauss as part of our strategy execution. Our investment in advanced food technologies, and our ability to make them accessible to everyone, reflect both our expertise and our purpose. Our success is measured not only by business results but also by the positive impact on the community and Israeli society. We will continue to advance the food industry in Israel through innovation, excellence, and social responsibility.” Ariella Schiffenbauer Weiss, GM of Strauss Dairies, added: “The launch of CowFree marks another stage in the evolution of our dairy operations, as part of our vision to listen to our consumers and provide them with a wide variety of choices for every need and every occasion. As a leading food company in Israel, we are committed to continuing to surprise and delight with tasty, innovative, and nutritious products-giving consumers true freedom of choice.” Barak Weinstein, Head of Strauss Neo, noted: “CowFree products are set to transform the dairy consumption experience and redefine the category. This product line, created with unique technology, represents a turning point in the food industry. It is a category that bridges technological innovation and culinary excellence. The new products provide fresh solutions for a wide range of consumers whose needs have only been partially addressed until now. Yotvata and Symphony CowFree bring consumers great taste and high-quality protein, and open new possibilities for those who separate meat and dairy, as well as for vegans.” For further information, please contact:Shiri Krispin Wallace Spokesperson & Government Relations 972-53-6060200 Shiri.Krispin-Wallace@strauss-group.comForward Looking Statement Disclaimer This press release does not constitute an offering to purchase or sell securities of Strauss Group Ltd. (the “Company”) or an offer for the receipt of such offerings. The press release's sole purpose is to provide information. The Information provided in the press release concerning the analysis of the Company's activity is only an extract, and in order to receive a complete picture of the Company's activity and the risks it faces, one should review the Company's reports to the Israel Securities Authority and the Tel Aviv Stock Exchange. The press release may contain forward-looking statements as defined in the Israeli Securities Law, 5728-1968. All forward-looking statements in this press release are made based on the Company's current expectations, evaluations and forecasts, and actual results may differ materially from those anticipated, in whole or in part, as a result of different factors including, but not limited to, changes in market conditions and in the competitive and business environment, regulatory changes, currency fluctuations or the occurrence of one or more of the Company's risk factors. In addition, forward-looking forecasts and evaluations are based on information in the Company’s possession while preparing the press release. The Company does not undertake any obligation to update forward-looking forecasts and evaluations made herein to reflect events and/or circumstances that may occur after this press release was prepared.

Strauss Group Reports Second Quarter & First Half 2025 Results: Operating Profit up 61% in the Quarter while Sales Grew 12% to NIS 3.1bBrazil coffee JV more than doubled operating profit with sales growth of 33%, leading improvement in Group operating profit1PETAH TIKVA, Israel, August 26, 2025 – Strauss Group Ltd. (TASE: STRS) reported its financial statements for the second quarter and first half of 2025, that ended June 30, 2025. Shai Babad, CEO and President of Strauss Group: “In the second quarter, we continued our growth momentum across all our global activities. I would like to express my gratitude to our people for their dedication and sense of mission as we navigated ongoing challenges posed by the war in Israel and maintained business continuity during the conflict with Iran. Our coffee JV in Brazil continue to deliver strong results, with sustained growth and improved profitability. In Israel, we have maintained innovation within our core brands, and our water business continued to expand in Israel, China, and the UK. As part of the ongoing implementation of our group strategy, we continued to drive productivity initiatives and remain committed to generating new growth engines and innovation, both in Israel and globally.” Click here to read more

Strauss Group Reports Fourth Quarter and Full Year 2024 Results2024 revenues up 6% reaching NIS 11.2 billion; NIS 418 million in net profit1• The company delivered a year of significant growth in Brazil, China and Israel• Peak year in investments in core activities, infrastructure and the Group’s plants, mainly in Israel. The company is expected to inaugurate a plant-based alternative dairy production facility in Northern Israel and another water plant in China this year• The company’s confectionery business in Israel returned to its former market share• Strauss divested its holding in Sabra and Obela for NIS 891 million, net income of NIS 356 million and net cash flow of NIS 723 million.• Likewise, the Company completed the sale of the coffee business in Serbia and the fresh vegetable business in Israel, and entered into an agreement for the sale of the Café Elite chain• Strauss will distribute a dividend of NIS 160 million to shareholders• Strauss announces the appointment of Mr. Saul Kobrinsky as Deputy to the Chairperson of the Board of Directors• Mr. David Mosevics and Mrs. Tzipi Ozer Armon have requested to end their tenure on the Board of Directors Strauss Group President & CEO Shai Babad commented: “We have concluded the first year of implementing our revised strategy, in which we focused and strengthened our core business, adjusted our organizational structure to support future growth, continued to invest in production sites and infrastructure, built growth drivers, as well as optimized our portfolio to improve our financial and business resilience. In 2024 the war continued, and it was a challenging and complex year for Israel. The Group’s employees continued to manufacture and market our products, maintaining business continuity, and supporting food security of all.”Click here to read more

Group revenues up 12%, reaching NIS 3 billion, and operating profit rises 4% to NIS 223 million  Strauss Group President & CEO Shai Babad commented: “In the past week, the company announced a transaction to sell its ownership interest in Sabra for NIS 900 million. This transaction represents another step in executing the Group’s strategy to focus on core business, better leverage resources, and drive significant initiatives for Strauss. The Group has delivered a quarter of growth across all business segments, despite ongoing challenges posed by rising raw material prices, which continue to put pressure on our margins. I am immensely proud of our dedicated employees, who have ensured business continuity in the face of the war and its repercussions.” Click here to read more

Press release Strauss Group announced today the sale of its holdings in Sabra and Obela, the group's spreads and dips joint venture operations with PepsiCo in the US and other countries, to PepsiCo for approximately NIS 900 million Shai Babad, President and CEO of the group, stated: "This move is another step in executing our strategy, which aims to focus on our core businesses and leverage our resources in the best possible way. As part of the group's strategy implementation, we continue to lead significant business moves for Strauss's operations. We want to thank all Sabra employees over the years and PepsiCo for the extraordinary journey from a small salad company to the leading hummus brand in the US."Petach Tikva, Israel, November 22nd: Strauss Group announced this morning that PepsiCo will acquire Strauss's share in Sabra and Obela. PepsiCo will acquire Strauss's share in the operation (50%) for approximately NIS 900 million.In 2005, Strauss acquired 51% of Sabra's operations for approximately $9 million, and in 2008, it signed a partnership deal with PepsiCo to acquire 50% of the operation and establish a joint venture in which each company holds 50% of the shares. Since then, Sabra has become the leading salad and spreads company in the US, leading the hummus market. The operation later expanded to other countries outside the US under the Obela brand.As part of the shared journey that PepsiCo and Strauss underwent in the last 16 years, the Sabra brand and products have become well known across North America. In addition, Strauss will receive an option to purchase up to 2.5% of PepsiCo's holdings in the salty snacks division in Israel. The Sabra deal reflects continued focus on Strauss's strategic core activities and continued implementation of the group's strategy for 2024-2026. Strauss launched an updated strategy for the group, focusing on core activities, strengthening the home base in Israel, expanding its operations in Brazil, continuing the growth of water activities worldwide, and continuing to invest in developing capabilities and strengthening resilience and readiness for the future. The company will continue to implement the strategyAbout Sabra Sabra operates in the chilled dips and spreads market in the US and Canada, while Obela operates in Australia, New Zealand, and Mexico, focusing on hummus and guacamole activities. Sabra is the largest dips and spreads brand in the US in terms of sales volume and market share according to IRI data, with Sabra holding the largest market share in the hummus category in the US. Sabra and Obela have approximately 700 employees (as of the end of 2023) and an innovative factory in Virginia.

Group revenues up 3%, reaching NIS 5.3 billion, with net profit rising 11% to NIS 242 million1Strauss Group President & CEO Shai Babad commented: “The Group continues to deliver growth in most businesses and is concentrating on implementing its strategic plan, which calls for focus on core business, on investments, and on the development of growth engines that will drive the Group forward in the next few years. Our sales growth is accompanied by the constant need to contend with the ongoing uptrend in raw material prices, which is taking a toll on the Group’s margins. The food industry is a meaningful part of Israel’s civilian “Iron Dome”. Strauss has manufacturing sites to the length of the country, from north to south, and together with our farmers, we are committed to food security and to sustaining the strength of Israeli industry.” For further information, please contact:Shiri Krispin-Wallace | Spokesperson & Government Relations972-53-6060200 | shiri.krispin-wallace@strauss-group.comLiron Ben Yaakov | Director of Communications and PR972-54-609-1600 | liron.ben-yaakov@Strauss-Group.com   Click here to read more

The group's revenues totaled c2.6 billion shekels, the operating profit was c204 million shekels, and the net profit was c159 million shekels.President and CEO of the Group, Shai Babad: "We continue to implement the President and CEO of the Group, Shai group's strategic plan, focusing on core activities and investing in the development of strategic growth engines that will drive the group forward in the coming years; as well as ongoing organizational efficiency and dressing the rise in raw material prices”.  Click here to read more

Strauss announces the appointment of two new directors to the group's board - Ravit Barniv and Shaul Kobrinsky.The board of Strauss Group approved the appointment of two new directors to the group - Mrs. Ravit Barniv and Mr. Shaul Kobrinsky.The group's board will consist of 10 directors, including 3 external directors. The group's board approved the appointments following an in-depth and significant process assisted by external professionals.Barniv has experience in senior management positions in a variety of industries including food, real estate, health, and communications. She previously served as CEO of “Netvision” (2001-2007), Chairperson of “Shikun & Binui” (2007-2012), Chairperson of “Tnuva” (2013-2015), as well as a director at “Ormat” (2015-2021) and a director at “Clalit Health Services” (2017-2022). Barniv holds a bachelor's degree in economics and philosophy from Tel Aviv University, a master's degree in finance from Tel Aviv University, and a second master's degree in government from Reichman University.Kobrinsky comes with extensive experience in the industrial and financial sectors specializing in credit, risk management, and strategy. Shaul previously served as deputy CEO at “Clal Industries” (1981-1989), CEO of “Kargal” (1989-1997), CEO of “Ordan” (1997-2002), Chairman of the board at “Itung” and “Nirlat” (1999-2002), Vice President of Mergers and Acquisitions at American investment company “Alagem Capital Group” (2003-2010), as a board member at “Scope” (2006-2008), as a board member at “Magal Security Systems” (2005-2014), as CEO and Chairman at Novolog (2010-2017), as a board member (2014-2018), and Chairman of the board at “Discount Bank” (2018-2023). Shaul previously served as a member of the board at the Manufacturers' Association. He holds a bachelor's degree in economics from Tel Aviv University. For further information please contact:Shiri Krispin Wallace, Spokesperson & Government Relations+972-053-6060200