Elco Ltd. operates in the construction, infrastructure, consumer electronics, telecommunications, entertainment, and real estate sectors in Israel and internationally. It operates through Electra, Electra Consumer Products; Electra Real Estate; Electra Power, and Others segments. The company develops, constructs, operates, manages, and maintains various projects; installs and provides services for central air-conditioning systems, elevators, sanitation, and infrastructure; executes and constructs national infrastructure facilities; offers security and protection, electricity and piping, public transportation, and shuttle services; and supervises and manages real estate properties. It is also involved in the import, marketing, and sale of air conditioning and electronic home appliances; manufacture and export of heat pump-related products; manufacture, market, sale, and distribution of electrical consumer products; operation and management of multi-family complexes; and content and distribution, leisure, and cinema businesses. In addition, the company markets, supplies, and distributes LPG, LPG consuming products, natural gas, CNG, and thermal energy to private households, as well as industrial, commercial, and transportation sectors. The company was incorporated in 1949 and is based in Tel Aviv-Yafo, Israel. Elco Ltd. is a subsidiary of G. Salkind Ltd.
Q4 2025 is off to a flying start with record highs being printed left, right, and center. US and Japanese stocks made fresh new highs, while the gold price powered through $4,000 for the first time, and Bitcoin crossed the $126k level. Is this all a case of USD weakness, irrational exuberance, or solid fundamentals? This week, we are reviewing Q3 market performance, Q2 earnings season, and the outlook heading into the end of 2025…
The Utilities sector gained 5.7% while the market remained flat over the last week. Meanwhile, the market is actually up 58% over the past year. Earnings are forecast to grow by 16% annually. Market details ›