Producer of magnesium products for car industry & metal products.
TGI in 2025 is really two different stories: Temash is already producing growth and profitability, while Lordan and Europe still need proof. The stronger balance sheet bought time, but earnings quality and European execution remain unresolved.
Lordan’s Spanish move is a real attempt to build a broader European manufacturing and sales base, but as of year-end 2025 it is still a platform under construction: the structure exists, capital has started to go in, and the industrial logic is clear, yet the operating proof poi…
In 2025 TGI showed a stronger reported operating-profit line, but weaker earnings quality underneath it: most of the improvement came from NIS 7.862 million of other income, mainly from employee option exercise, while the operating core weakened and the translation into sharehol…
