TASE:STRSFood
The Bull Case For Strauss Group (TASE:STRS) Could Change Following Surging Global Coffee And Sabra Profits
Strauss Group’s third-quarter 2012 results showed strong revenue and non-GAAP operating profit growth, powered largely by international coffee operations and a very large sales increase at Sabra, even as Strauss Israel faced a tougher home market and limited price increases.
The contrast between robust international performance and the need for internal streamlining in Israel highlights how geographic diversification is reshaping Strauss Group’s business profile.
Next, we’ll examine how this...