G Willi-Food International (WILC) investor relations material

Executive summary

• Sales for Q2 2026 were NIS 160.5 million (US$53.7 million), flat year-over-year despite fewer working days due to holiday timing.

• Gross profit rose 21.5% year-over-year to NIS 53.5 million (US$18.0 million), with gross margin improving to 33.3% from 27.4%.

• Operating profit increased 22.7% year-over-year to NIS 25.3 million (US$8.5 million), or 15.8% of revenues.

• Net profit declined 33.9% year-over-year to NIS 21.1 million (US$7.1 million), mainly due to lower financial income from marketable securities.

• Cash and securities at quarter-end totaled NIS 257.6 million (US$86.5 million).

Financial highlights

• First half 2026 sales increased 4.0% year-over-year to NIS 317.4 million (US$106.6 million).

• First half gross profit up 15.5% to NIS 102.5 million (US$34.4 million), with margin at 32.3%.

• Operating profit for the first half rose 11.7% to NIS 45.4 million (US$15.2 million).

• Net profit for the first half fell 20.0% to NIS 41.1 million (US$13.8 million), or NIS 3.0 per share.

• Net cash from operating activities in Q2 2026 was NIS 38.6 million (US$13.0 million).

Outlook and guidance

• Management expects the new refrigerated logistics center to become operational in Q4 2026, aiming to enhance logistics, reduce costs, and support long-term growth.

• Optimism expressed for sustainable growth, supported by a strong balance sheet and ongoing infrastructure investments.