G. WILLI-FOOD INTERNATIONAL REPORTS HIGHEST SALES AND A RECORD HIGH WITH ALL PROFIT PARAMETERS IN 2025

Rhea-AI Summary

G. Willi-Food International (NASDAQ: WILC) reported record 2025 results: sales NIS 610.6M, income before taxes NIS 116.6M, and net profit NIS 90.4M. Gross margin rose to 28.6% and operating profit improved, while cash and equity remained strong. A refrigerated logistics center is planned for H2 2026.

The company cited improved commercial terms, higher inventory and product availability, favorable FX, and a NIS 33.0M securities revaluation as drivers of results.

Positive

• Operating profit +35.6% to NIS 74.4M
• Income before taxes +25.8% to NIS 116.6M
• Net profit +28.6% to NIS 90.4M
• Gross margin expanded to 28.6% of revenues
• Cash balance NIS 124.2M at year-end

Negative

• Financial income materially driven by a NIS 33.0M securities revaluation, suggesting earnings volatility
• Prior administrative fine of NIS 11.6M in 2024 highlights regulatory exposure history

News Market Reaction – WILC

-1.20%

-1.20% Session close to close

In the Mar 24 session, WILC declined 1.20%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement details record 2025 performance, with revenue of NIS 610.6M, net profit of NIS 90....

Analysis

This announcement details record 2025 performance, with revenue of NIS 610.6M, net profit of NIS 90.4M, and basic EPS of NIS 6.50, alongside a cash balance of NIS 124.2M. Management highlights margin gains, resilient operations amid regional security tensions, and a new refrigerated logistics center planned for the second half of 2026. Investors may track future updates on logistics capex, product-mix profitability, and ongoing operating performance to assess how these results evolve.

Key Figures

2025 Sales: NIS 610.6M (US$ 191.4M) Gross Profit 2025: NIS 174.8M (US$ 54.9M) Operating Profit 2025: NIS 74.4M (US$ 23.3M) +5 more

8 metrics

2025 Sales NIS 610.6M (US$ 191.4M) Fiscal year 2025 sales, up 6.0% from 2024

Gross Profit 2025 NIS 174.8M (US$ 54.9M) Fiscal year 2025 gross profit, up 8.4% Y/Y

Operating Profit 2025 NIS 74.4M (US$ 23.3M) Fiscal year 2025 operating profit, up 35.6% Y/Y

Income Before Tax 2025 NIS 116.6M (US$ 36.5M) Record annual profit before tax in 2025, up 25.8% Y/Y

Net Profit 2025 NIS 90.4M (US$ 28.3M) Fiscal year 2025 net profit, up 28.6% Y/Y

Basic EPS 2025 NIS 6.50 (US$ 2.04) Basic earnings per share for fiscal year 2025

Cash & Equivalents NIS 124.2M (US$ 38.9M) Cash and cash equivalents as of Dec 31, 2025

Shareholders’ Equity NIS 655.1M (US$ 205.4M) Shareholders’ equity at end of December 2025

Historical Context

1 past event · Latest: Nov 17 (Positive)

Pattern 1 events

Date	Event	Sentiment	24h Move	Catalyst
Nov 17	Q3 2025 results	Positive	+2.4%	Q3 2025 update showed margin gains and strong profit growth vs prior year.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent earnings updates have been positive and followed by moderate price gains, suggesting the stock has historically moved in line with strong fundamental reports.

Recent Company History

In the last disclosed event on Nov 17, 2025, WILC reported Q3 2025 results with flat sales but higher gross profit and operating profit, and a strong rise in net profit and EPS. That news saw a +2.44% next-day move. Today’s full-year 2025 release extends that trend with higher sales, margins and record profits. Together, these updates portray consistent execution, margin expansion and balance-sheet strength leading into the logistics center build-out.

Key Terms

form 6-k, ifrs, securities and exchange commission, earnings per share

4 terms

form 6-k regulatory

"For further details, please see the Company's report on Form 6-K submitted to the Securities"

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

ifrs technical

"NOTE B: IFRS The Company's consolidated financial results for the fiscal year ended"

International Financial Reporting Standards (IFRS) are a set of common accounting rules used by many companies worldwide to prepare financial statements, so numbers like revenue, profit and assets are measured in the same way across borders. For investors, IFRS matters because it makes it easier to compare the financial health and performance of different companies—like using the same ruler to measure different objects—reducing surprises and helping informed investment decisions.

securities and exchange commission regulatory

"Form 6-K submitted to the Securities and Exchange Commission on July 17, 2024."

A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.

earnings per share financial

"Basic earnings per share of NIS 6.50 (US$ 2.04)."

Earnings per share represent the amount of profit a company makes for each share of its stock, similar to how a pie’s total size can be divided into slices for each person. It helps investors understand how profitable the company is on a per-share basis, making it easier to compare its performance over time or against other companies. Higher earnings per share generally indicate better profitability and can influence a company's stock value.

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THE COMPANY REPORTS RECORD HIGH ANNUAL PROFIT BEFORE TAX OF NIS 116.6 MILLION (US$ 36.5 MILLION)

YAVNE, Israel, March 24, 2026 /PRNewswire/ -- G. Willi-Food International Ltd. (NASDAQ: WILC) (TASE: WILF) (the "Company" or "Willi-Food"), a global company that specializes in the development, marketing and international distribution of kosher foods, today announced its financial results for the fiscal year ended December 31, 2025.

Fiscal Year 2025 Highlights

• Sales increased by 6.0% to NIS 610.6 million (US$ 191.4 million) from NIS 575.8 million (US$ 180.5 million) in fiscal year 2024.
• Gross profit increased by 8.4% year-over-year to NIS 174.8 million (US$ 54.9 million).
• Operating profit increased by 35.6% year-over-year to NIS 74.4 million (US$ 23.3 million).
• Income before taxes on income increased by 25.8% year-over-year to NIS 116.6 million (US$ 36.5 million).
• Net profit increased by 28.6% year-over-year to NIS 90.4 million (US$ 28.3 million).
• Basic earnings per share of NIS 6.50 (US$ 2.04).
• Cash and cash equivalents balance of NIS 124.2 million (US$ 38.9 million) as of December 31, 2025.

Management Comment

Zwi Williger Chairman and Joseph Williger CEO, commented: "We are proud to conclude 2025 with record results, reporting the highest annual sales and the strongest performance across all profit measures in the Company's history. These achievements reflect the consistent execution of our strategic plan throughout the year — including strengthening our commercial terms with suppliers and customers, focusing on a more profitable product mix, expanding our product portfolio, and maintaining high product availability to meet growing demand. Throughout 2025, we demonstrated resilience and operational excellence, delivering steady growth in sales while significantly improving margins and profitability. Our record income before taxes and net profit underscore the strength of our business model and our disciplined financial management. A key strategic milestone for the Company is the construction of our new state-of-the-art refrigerated logistics center. This advanced facility is expected to become operational during the second half of 2026 and will serve as a major growth engine for the coming years. The new logistics center will substantially enhance our storage and distribution capabilities, improve operational efficiencies, support entry into new product categories — particularly frozen and chilled products — and enable us to scale our business to meet increasing demand. We also continue to operate against a complex and evolving security backdrop in Israel and the region, including a joint military operation launched by the State of Israel and the United States against the Islamic Republic of Iran, referred to by Israel as "Lion's Roar" and by the United States as "Epic Fury." Despite these challenges, the Company has maintained full business continuity, with no material disruption to its operations, including the consistent supply of goods and ongoing distribution to customers. Our ability to sustain routine operations during such periods reflects the resilience of our organization, the strength of our supply chain, and the dedication of our employees. We remain hopeful for an improvement in the security situation and for a future of stability, prosperity, and peace across the region. Looking ahead, we remain confident in our ability to continue generating sustainable growth and long-term value for our shareholders, supported by our strong financial position, experienced management team, and strategic investments in infrastructure and product expansion".

Fiscal 2025 Summary

Sales for fiscal year 2025 increased by 6.0% to NIS 610.6 million (US$ 191.4 million) from NIS 575.8 million (US$ 180.5 million) recorded in fiscal year 2024. The Company attributes the growth in sales primarily to an increase in inventory levels and improved product availability, which supported the growing demand for its products. The increase also reflects higher demand for the Company's products.

Gross profit for fiscal year 2025 increased by 8.4% to NIS 174.8 million (US$ 54.8 million), or 28.6% of revenues, from NIS 161.3 million (US$ 50.6 million), or 28.0% of revenues recorded in fiscal year 2024. The increases in gross profit and gross margins were due to the Company's efforts to improve its commercial terms with its customers and suppliers, focus on selling a more profitable products portfolio and due to favorable exchange rates compared to 2024.

Selling expenses for fiscal year 2025 increased by 4.1% to NIS 71.7 million (US$ 22.5 million), or 11.7% of revenues, from NIS 68.9 million (US$ 21.6 million), or 12.0% of revenues recorded in fiscal year 2024. The increase was primarily due to employee compensation tied to the Company's sales performance, as well as an increase in transportation and other logistics costs.

General and administrative expenses for fiscal year 2025 increased by 9.9% to NIS 28.8 million (US$ 9.0 million), or 4.7% of revenues, from NIS 26.2 million (US$ 8.2 million), or 4.5% of revenues recorded in fiscal year 2024. The increase was primarily due to the provision for profit-based compensation to senior management resulting from the higher operating profit and the results of the share-based payment program.

Operating profit before other expenses (income) for fiscal year 2025 increased by 12.2% to NIS 74.3 million (US$ 23.3 million), or 12.2% of revenues, from NIS 66.3 million (US$ 20.8 million), or 11.5% of revenues, recorded in fiscal year 2024. The increase was primarily due to the increase in gross profit.

There were no other expenses for fiscal year 2025. Other expenses for the corresponding period in 2024 were NIS 11.6 million (US$ 3.5 million), primarily related to an agreement the Company reached with the Israel Competition Authority to pay an administrative fine. For further details, please see the Company's report on Form 6-K submitted to the Securities and Exchange Commission on July 17, 2024.

Operating profit for fiscal year 2025 increased by 35.6% to NIS 74.4 million (US$ 23.3 million), or 12.2% of revenues, from NIS 54.9 million (US$ 17.2 million), or 9.5% of revenues, recorded in fiscal year 2024. This increase was primarily due to the increase in gross profit and a reduction in operating expenses compared to sales being offset by the administrative fine of NIS 11.6 million (US$ 3.6 million).

Financial income, net for fiscal year 2025 totaled NIS 42.2 million (US$ 13.2 million), compared to NIS 37.8 million (US$ 11.8 million) recorded in fiscal year 2024. Financial income, net, for fiscal year 2025 was comprised mainly of the revaluation of the Company's portfolio of securities in the amount of NIS 33.0 million (US$ 10.3 million) and interest and dividend income from the Company's portfolio of securities in an amount of NIS 10.6 million (US$ 3.3 million).

Willi-Food's income before taxes for fiscal year 2025 was NIS 116.6 million (US$ 36.5 million), compared to NIS 92.7 million (US$ 29.1 million) in fiscal year 2024.

Willi-Food's net profit in fiscal year 2025 was NIS 90.4 million (US$ 28.3 million), or NIS 6.49 (US$ 2.04) per share, compared to NIS 70.3 million (US$ 22.0 million), or NIS 5.07 (US$ 1.6) per share, recorded in fiscal year 2024.

Willi-Food ended fiscal year 2025 with NIS 124.2 million (US$ 38.9 million) in cash and cash equivalents. Net cash from operating activities in fiscal year 2025 was NIS 58.8 million (US$ 18.4 million). Willi-Food's shareholders' equity at the end of December 2025 was NIS 655.1 million (US$ 205.4 million).

NOTE A: NIS to US$ exchange rate used for convenience only

The conversion from New Israeli Shekels (NIS) into U.S. dollars was made at the exchange rate of US$ 1.00 to NIS 3.190 as of December 31, 2025. The use of US$ is solely for the convenience of the reader.

NOTE B: IFRS

The Company's consolidated financial results for the fiscal year ended December 31, 2025 are presented in accordance with International Financial Reporting Standards.

ABOUT G. WILLI-FOOD INTERNATIONAL LTD.

G. Willi-Food International Ltd. (http://www.willi-food.com) is an Israeli-based company specializing in high-quality, great-tasting kosher food products. Willi-Food is engaged directly and through its subsidiaries in the design, import, marketing and distribution of over 650 food products worldwide. As one of Israel's leading food importers, Willi-Food markets and sells its food products to over 1,500 customers and 3,000 selling points in Israel and around the world, including large retail and private supermarket chains, wholesalers, and institutional consumers. The Company's operating divisions include Willi-Food in Israel and Euro European Dairies, a wholly owned subsidiary that designs, develops and distributes branded kosher, dairy-food products.

FORWARD LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance, such as statements regarding trends, demand for our products, expected sales, operating results, and earnings. Forward-looking statements include statements regarding the construction of the Company's new logistics center and its expected benefits. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied in those forward-looking statements. These risks and other factors include, but are not limited to: delays in the construction of the Company's new logistics center and the risk that its expected benefits will not materialize; inability to sustain improvements and growth in the future; monetary risks including changes in marketable securities or changes in currency exchange rates, especially the NIS/U.S. Dollar exchange rate; payment default by any of our major clients; the loss of one or more of our key personnel; changes in laws and regulations, including those relating to the food distribution industry; and inability to meet and maintain regulatory qualifications and approvals for our products; termination of arrangements with our suppliers; loss of one or more of our principal clients; increase or decrease in global purchase prices of food products; increasing levels of competition in Israel and other markets in which we do business; changes in political, economic, and military conditions in Israel, particularly the recent war in Israel; economic conditions in the Company's core markets; delays and price increases due to the attacks on global shipping routes in the Red Sea; our inability to accurately predict consumption of our products and changes in consumer preferences; our inability to protect our intellectual property rights; our inability to successfully integrate our recent acquisitions; insurance coverage not sufficient to cover losses of product liability claims; risks associated with product liability claims; and risks associated with the start of credit extension activity. We cannot guarantee future results, levels of activity, performance, or achievements. The matters discussed in this press release also involve risks and uncertainties summarized under the heading "Risk Factors" in the Company's Annual Report on Form 20-F for the year ended December 31, 2025, filed with the Securities and Exchange Commission on March 23, 2026. These factors are updated from time to time through the filing of reports and registration statements with the Securities and Exchange Commission. We do not assume any obligation to update the forward-looking information contained in this press release. 

 

G. WILLI‑FOOD INTERNATIONAL LTD. CONDENSED CONSOLIDATED BALANCE SHEETS
	December 31,				December 31,
	2 0 2 5		2 0 2 4		2 0 2 5		2 0 2 4
	NIS				US dollars (*)
	(in thousands)
ASSETS
Current assets
Cash and cash equivalents	124,158		122,938		38,921		38,539
Financial assets at fair value through profit or loss	124,591		123,189		39,057		38,617
Trade receivables, Net	181,762		171,331		56,979		53,709
Other receivables and prepaid expenses	2,244		7,384		703		2,315
Inventories, Net	94,074		98,234		29,490		30,794
Current tax assets	1,585		744		497		233
Total current assets	528,414		523,820		165,647		164,207
Non-current assets
Property, plant and equipment	201,692		168,217		63,226		52,733
Less -Accumulated depreciation	63,468		58,349		19,896		18,291
	138,224		109,868		43,330		34,442
Right of use asset	4,562		4,814		1,430		1,509
Financial assets at fair value through profit or loss	49,067		47,842		15,381		14,997
Goodwill	36		36		11		10
Total non-current assets	191,889		162,560		60,152		50,958
	720,303		686,380		225,799		215,165
EQUITY AND LIABILITIES
Current liabilities
Current maturities of lease liabilities	2,191		2,179		687		683
Trade payables	23,291		28,203		7,301		8,841
Employee Benefits	4,861		4,532		1,524		1,421
Other payables and accrued expenses	17,438		25,015		5,466		7,842
Total current liabilities	47,781		59,929		14,978		18,787
Non-current liabilities
Lease liabilities	2,739		2,521		859		790
Deferred taxes	13,331		9,888		4,179		3,100
Retirement benefit obligation	1,361		1,102		427		345
Total non-current liabilities	17,431		13,511		5,465		4,235
Shareholders' equity
Share capital	1,492		1,491		467		467
Additional paid in capital	174,700		173,062		54,765		54,251
Remeasurement of the net liability in respect of defined benefit	(256)		(256)		(81)		(80)
Capital fund	247		247		77		77
Retained earnings	479,536		439,024		150,325		137,625
Treasury shares	(628)		(628)		(197)		(197)
Equity attributable to owners of the Company	655,091		612,940		205,356		192,143
	720,303		686,380		225,799		215,165
(*)        Convenience translation into U.S. dollars.

 

 

G. WILLI‑FOOD INTERNATIONAL LTD. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
	For the year ended December 31,						For the year ended December 31,
	2 0 2 5		2 0 2 4						2 0 2 5		2 0 2 4
	NIS								US dollars (*)
	In thousands (except per share and share data)
Sales	610,605				575,795				191,412		180,500
Cost of sales	435,781				414,461				136,609		129,925
Gross profit	174,824				161,334				54,803		50,575
Operating costs and expenses:
Selling expenses	71,721				68,893				22,483		21,597
General and administrative expenses	28,767				26,165				9,018		8,202
Operating profit before other expenses (income)	74,336				66,276				23,302		20,776
Other expenses (income)	(95)				11,402				(31)		3,574
Operating profit	74,431				54,874				23,333		17,202
Financial income	44,784				39,741				14,039		12,458
Financial expense	2,628				1,933				824		606
Total Financial income	42,156				37,808				13,215		11,852
Income before taxes on income	116,587				92,682				36,548		29,054
Taxes on income	26,156				22,367				8,199		7,012
Profit for the period	90,431				70,315				28,349		22,042
Earnings per share:
Basic earnings per share	6.50				5.07				2.04		1.59
Diluted earnings per share	6.50				5.07				2.04		1.59
Shares used in computation of basic EPS	13,906,412				13,874,334				13,906,412		13,874,334
Shares used in computation of diluted EPS	13,913,507				13,874,334				13,913,507		13,874,334
Actual number of shares	13,906,412				13,874,334				13,906,412		13,874,334
(*)        Convenience translation into U.S. dollars.

 

 

G. WILLI‑FOOD INTERNATIONAL LTD. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
		For the year ended						For the year ended
		December 31,						December 31,
		2 0 2 5		2 0 2 4				2 0 2 5				2 0 2 4
		NIS						US dollars (*)
		In thousands
CASH FLOWS - OPERATING ACTIVITIES
Profit from continuing operations		90,431		70,315				28,349				22,042
Adjustments to reconcile net profit to net cash from continuing    operating activities (Appendix A)		(31,630)		(27,342)				(9,916)				(8,572)
Net cash from continuing operating activities		58,801		42,973				18,433				13,470
CASH FLOWS - INVESTING ACTIVITIES
Acquisition of property plant and equipment		(5,801)		(5,414)				(1,818)				(1,697)
Acquisition of property plant and equipment under construction		(28,172)		(43,332)				(8,833)				(13,584)
Proceeds from sale of property plant and Equipment		95		552				31				173
Proceeds from sale of marketable securities, net		29,750		2,482				9,326				778
Net cash used in continuing investing activities		(4,128)		(45,712)				(1,294)				(14,330)
CASH FLOWS - FINANCING ACTIVITIES
Lease liability payments		(1,879)		(2,322)				(589)				(728)
Dividend		(49,919)		(9,982)				(15,649)				(3,129)
Net cash used to continuing financing activities		(51,798)		(12,304)				(16,238)				(3,857)
Increase (decrease) in cash and cash equivalents		2,875		(15,043)				901				(4,717)
Cash and cash equivalents at the beginning of the year		122,938		137,466				38,539				43,093
Exchange gains (losses) on cash and cash equivalents		(1,655)		515				(519)				161
Cash and cash equivalents at the end of the year		124,158		122,938				38,921				38,537
(*)           Convenience Translation into U.S. Dollars.

 

 

G. WILLI-FOOD INTERNATIONAL LTD. APPENDIX TO CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS   CASH FLOWS - OPERATING ACTIVITIES:   A.    Adjustments to reconcile net profit to net cash from continuing operating activities:
	For the year ended December 31,				For the year ended December 31,
	2 0 2 5		2 0 2 4		2 0 2 5		2 0 2 4
	NIS				US dollars (*)
	In thousands
Increase in deferred income taxes	3,443		5,020		1,079		1,574
Unrealized gains on marketable securities	(32,377)		(25,207)		(10,149)		(7,902)
Depreciation and amortization	5,617		(**) 5,177		1,761		(**) 1,623
Depreciation expense on right-to-use assets	2,361		(**) 2,125		740		(**) 666
Stock based payment	1,639		473		514		148
Capital gain on disposal of property, plant and equipment	(95)		(263)		(31)		(83)
Exchange gains on cash and cash equivalents	1,655		(515)		519		(161)
Changes in assets and liabilities:
Decrease in trade receivables and other receivables	17,212		18,047		5,396		5,657
Decrease (increase) in inventories	4,160		(35,759)		1,304		(11,210)
Increase (decrease) in trade payables, other payables and other current liabilities	(11,901)		21,026		(3,731)		6,591
Cash generated used in operations	(8,286)		(9,876)		(2,598)		(3,097)
Income tax paid	(23,344)		(17,466)		(7,318)		(5,475)
Net cash flows used in operating activities	(31,630)		(27,342)		(9,916)		(8,572)
(*)           Convenience Translation into U.S. Dollars. (**)        Reclassified

 

This information is intended to be reviewed in conjunction with the Company's filings with the Securities and Exchange Commission.

Company Contact:
G. Willi - Food International Ltd.
Yitschak Barabi, Chief Financial Officer
(+972) 8-932-1000
itsik.b@willi-food.co.il

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SOURCE G. Willi-Food International Ltd.

FAQ

What were G. Willi-Food (WILC) full-year 2025 sales and net profit?

Willi-Food reported 2025 sales of NIS 610.6M and net profit of NIS 90.4M. According to the company, sales rose 6.0% year-over-year and net profit increased 28.6% compared to 2024, reflecting improved margins and product availability.

How much did WILC report for income before taxes in fiscal 2025?

WILC reported income before taxes of NIS 116.6M for 2025. According to the company, income before taxes rose 25.8% year-over-year, driven by higher gross profit and net financial income components.

What drove the margin improvement for G. Willi-Food in 2025 (WILC)?

Margin improvement was driven by better commercial terms and product mix, raising gross margin to 28.6%. According to the company, favorable exchange rates and higher inventory/product availability also supported higher gross profit and operating margins.

How significant was securities revaluation to WILC's 2025 financial income?

Securities revaluation contributed substantially: NIS 33.0M of the financial income in 2025. According to the company, revaluation plus interest/dividend income comprised most of the NIS 42.2M financial income, indicating a material non-operating income component.

What is WILC's cash position and shareholder equity at year-end 2025?

Willi-Food ended 2025 with NIS 124.2M cash and NIS 655.1M shareholders' equity. According to the company, the cash balance and equity reflect strong liquidity and capital base following the year’s operating cash generation.

When will the new refrigerated logistics center for WILC be operational?

The new refrigerated logistics center is expected to be operational in the second half of 2026. According to the company, the facility will expand chilled and frozen storage, improve distribution efficiency, and support product-category expansion.