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Friday 22 November 2024
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Strauss Coffee

Strauss Group reports coffee sales down 5.6% in Q1 on foreign exchange impact

TEL AVIV, Israel – Israel’s Strauss Group reported on Monday lower profits, but higher revenues for the first quarter of 2020. The maker of...

Strauss Coffee delivers an outstanding 3Q of growth with revenues of US$284.4m

PETAH TIKVA, Israel – Strauss Group delivered sales of NIS 2.24 billion (US$646 million) in the third quarter, an increase of 4% compared to...

Strauss Group reports stable sales as earnings and profits rise significantly

PETAH TIKVA, Israel – Strauss Group posted sales of NIS 2.07 billion in the quarter, reflecting a drop of 1.4% compared to the corresponding...

Strauss Group reports stable sales Stable and rising profit margins in 1Q

PETACH TIKVA, Israel — Strauss Group delivered sales of NIS 2.1 billion in the quarter, down approximately 2.8% compared to the corresponding period last...

Strauss Group reports surge in profits, record figures for its coffee business in Brazil

MILAN – Israeli food producer Strauss Group reported a 13.6 percent rise in fourth-quarter net profit, boosted by growth in its home market and in its international dips and spreads business.

Zion Balas to be appointed Chief Executive Officer of Strauss Coffee

Gadi Lesin, CEO and President of Strauss Group, yesterday announced the appointment of Zion Balas as the designated chief executive officer of Strauss Coffee,...

Strauss Coffee reports 9-month sales of EUR728 million, up 15.4% on year

PETACH TIKVA, Israel – Gadi Lesin, President and CEO of Strauss Group: "The Group continues to post excellent financial results in all key metrics. The...

Strauss Group regaining full ownership (100 percent) of Strauss Coffee

PETACH TIKVA, Israel – Strauss Group Ltd. announced today (March 28, 2017) that its subsidiary (74.9%) Strauss Coffee B.V. has acquired the entire holding (25.1%) of Robusta Coöperatif, held by TPG Capital, in Strauss Coffee, resulting in Strauss Group regaining full ownership (100%) of Strauss Coffee.

Strauss Coffee acquires manufacturers of instant coffee in Germany

AMSTERDAM, Netherlands – Strauss Coffee announced its decision to exercise the option to acquire Norddeutsche Kaffeewerke GmbH (NDK`W), manufacturers of freeze-dried instant coffee using...

TPG again looking to sell its stake in Strauss Coffee

US investment fund TPG is making a new attempt to sell its stake in Strauss Coffee. The fund yesterday reported, "The process of considering possibilities for selling the shares in Strauss Coffee has ...

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