Israel food firm Strauss 2Q profit jumps on coffee, dips activities
date:Aug 21, 2013
The company said on Tuesday its net profit excluding one-off items more than doubled to 75 million shekels ($21 million) from 35 million in the same period last year.

Sales rose 4.2 percent to 2.0 billion shekels.

Strauss, a maker of snacks, fresh foods and coffee, is a market leader in roast and ground coffee in central and eastern Europe. It is the second-largest company in the Israeli food and beverage market with an 11.8 percent market share.

The company posted top-line growth in all acti
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