International producer of branded food & beverages
Strauss improved materially in 2025, but the recovery is still less broad than the EBIT headline suggests: international coffee and Brazil pulled the group forward, Israel mainly held profit in place, and the 2026 test is whether the improvement also turns into real free cash fl…
In Strauss's Fun & Indulgence segment, cocoa derivatives made the headline look worse but did not create the problem on their own. Out of a NIS 32 million drop in reported EBIT, only NIS 4 million came from a worse year-on-year cocoa-derivative comparison, while EBIT excluding d…
3Corações is Strauss's most important profit engine, but as of year-end 2025 and early 2026 it is not an equally clean cash source. Strauss received no dividend from it in 2025, most of the surplus attributed to Strauss sits in legal and tax-incentive reserves, and the Yoki acqu…
Strauss finished 2025 with a real operating recovery, but not with organic surplus cash. On a reported basis, NIS 494 million of net CAPEX, NIS 124 million of lease cash payments, and NIS 360 million of shareholder dividends pushed the year into a NIS 517 million gap, while liqu…
