G Willi-Food International (WILC) Q1 2025 earnings summary

Executive summary

• Sales rose 6.5% year-over-year to NIS 144.8 million (US$38.9 million) in Q1 2025, driven by higher inventory and improved product availability.

• Gross profit increased 28.8% to NIS 44.6 million (US$12.0 million), with gross margin improving to 30.8% from 25.5% year-over-year.

• Operating profit surged 71.7% to NIS 20.0 million (US$5.4 million), reflecting a more profitable product mix and better commercial terms.

• Net profit grew 5.1% to NIS 19.5 million (US$5.2 million), with basic EPS of NIS 1.41 (US$0.38).

• Management remains optimistic, citing ongoing product portfolio expansion and investment in a new logistics center expected to drive future growth.

Financial highlights

• Gross profit: NIS 44.6 million (US$12.0 million), up 28.8% year-over-year.

• Operating profit: NIS 20.0 million (US$5.4 million), up 71.7% year-over-year.

• Net profit: NIS 19.5 million (US$5.2 million), up 5.1% year-over-year.

• Cash and cash equivalents: NIS 234.0 million (US$62.9 million) as of March 31, 2025.

• Shareholders' equity: NIS 603.0 million (US$162.2 million) at quarter-end.

Outlook and guidance

• Management expects continued growth in sales and profitability through product expansion and improved commercial terms.

• Completion of a new logistics center by year-end is anticipated to support entry into new categories, especially chilled and frozen products.