Providing logistics & storage services.
Fridenson enters 2026 as a logistics company where the warehouse engine already generates real profit, but the legacy forwarding and transport businesses still do not provide enough earnings quality or financing flexibility.
Fridenson’s forwarding business still carries most of the revenue base, but 2025 exposed how little profit sits underneath it: about NIS 3.3 million of operating profit on NIS 420.2 million of revenue, alongside heavy doubtful-debt provisioning and goodwill supported by only lim…
Fridenson’s logistics centers already generate operating profit and look like the right earnings engine for the group, but in 2025 they still did not create financing flexibility because CAPEX, leases, and debt grew faster than the cash left behind.
