Strauss Group Q4 Net Profit Rises 2%

Strauss Group SGLJF reported a 2% rise in its net profit for the fourth quarter. Strauss Group's quarterly adjusted net income climbed to 68 million shekels ($18.4 million), from 67 million, in the year-ago period. Its sales increased 1.6% to 2.1 billion shekels, while global coffee sales declined 2.2% to 1.125 billion shekels.