OverviewSuggest Edit

Strauss Group is a company operating as a food and beverage corporation that offers a range of food brands. It provides products of brands such as Strauss Brand, Elite Coffee, Strauss Water, Doritos, Sabra, Splendid, Obela, MUST, Elite, Cheetos, Danone, etc. Its portfolio includes four businesses: Strauss Coffee B.V., Strauss Israel, Strauss Water and PepsiCo, and Strauss Fresh Dips & Spreads International.

TypePublic
Founded1933
HQPetah Tikva, IL
Websitestrauss-group.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Dec 2019)16,300(+4%)
Revenue (FY, 2019)₪5.7 B(+2%)
Share Price (Oct 2021)₪92.4
Cybersecurity ratingDMore
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Key People/Management at Strauss Group

Giora Bardea

Giora Bardea

President and CEO
Shahar Florence

Shahar Florence

Chief Growth and Innovation officer
Ariel Chetrit

Ariel Chetrit

CFO
Hila Mukevisius

Hila Mukevisius

SVP HR
Michael Avner

Michael Avner

Executive Vice President General Counsel & Corporate Secretary
Eyal Dror

Eyal Dror

CEO, Strauss Israel
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Strauss Group Office Locations

Strauss Group has an office in Petah Tikva
Petah Tikva, IL (HQ)
49 Ha-Sivim St
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Strauss Group Financials and Metrics

Strauss Group Revenue

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Strauss Group's revenue was reported to be ₪5.7 b in FY, 2019 which is a 1.6% increase from the previous period.
ILS

Revenue (FY, 2019)

5.7b

Revenue growth (FY, 2018 - FY, 2019), %

1.6%

Gross profit (FY, 2019)

2.3b

Gross profit margin (FY, 2019), %

41.2%

Net income (FY, 2019)

594.0m

EBIT (FY, 2019)

878.0m

Market capitalization (21-Oct-2021)

10.7b

Closing stock price (21-Oct-2021)

92.4

Cash (31-Dec-2019)

525.0m

EV

12.3b
Strauss Group's current market capitalization is ₪10.7 b.
Annual
ILSFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

5.3b5.5b5.6b5.7b

Revenue growth, %

4%2%2%

Cost of goods sold

3.2b3.4b3.4b3.3b

Gross profit

2.1b2.1b2.3b2.3b
Quarterly
ILSQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q2, 2019Q2, 2019Q3, 2019

Revenue

1.3b1.3b1.4b1.4b1.3b1.4b1.4b1.3b1.4b1.4b1.3b1.5b

Cost of goods sold

787.0m747.0m825.0m840.0m747.0m854.0m845.0m806.0m869.0m843.0m780.0m892.0m

Gross profit

534.0m526.0m553.0m568.0m541.0m545.0m601.0m542.0m542.0m587.0m558.0m612.0m

Gross profit Margin, %

40%41%40%40%42%39%42%40%38%41%42%41%
Annual
ILSFY, 2016FY, 2017FY, 2018FY, 2019

Cash

711.0m390.0m426.0m525.0m

Accounts Receivable

881.0m955.0m978.0m999.0m

Inventories

537.0m543.0m557.0m543.0m

Current Assets

2.4b2.2b2.2b2.2b
Annual
ILSFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

388.0m416.0m534.0m594.0m

Depreciation and Amortization

181.0m181.0m181.0m265.0m

Inventories

47.0m(7.0m)(25.0m)

Accounts Payable

84.0m(7.0m)(7.0m)17.0m
ILSQ1, 2016

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.5 x
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Strauss Group Operating Metrics

FY, 2016FY, 2017FY, 2018FY, 2019

Maximum Annual Production Capacity (Health and Wellness), tonnes

348 k341 k349 k359 k

Average Annual Production Capacity Utilization Rate (Health and Wellness)

49%52%52%51%

Manufacturing Facilities (Health and Wellness)

5666

Manufacturing Facilities (Health and Wellness), square meters

42.96 k46.07 k46.07 k46.07 k
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Strauss Group Acquisitions / Subsidiaries

Company NameDateDeal Size
Mitsui AlimentosFebruary 18, 2020₪167 m
Norddeutsche Kaffeewerke GmbHDecember 22, 2016€32 m
Amigos CoffeeFebruary 04, 2014
PepsiCo Strauss Fresh Dips & Spreads International GmbH Obela
Qingdao Haier Strauss Water Co. Ltd.
Qingdao HSW Health Water Appliance Co. Ltd.
Sabra Dipping Company LLC Sabra
S.E. USA Inc.
Strauss Adriatic BOO
Strauss Cafe Poland SP. Zoo
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Strauss Group Revenue Breakdown

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Strauss Group revenue breakdown by business segment: 14.4% from Coffee, 12.2% from Dairy Products, 63.9% from Confectionery and Bakery Products and 9.4% from Other

Strauss Group revenue breakdown by geographic segment: 79.0% from Israel and 21.0% from Europe and Rest of the World

Human Capital Metrics

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Strauss Group Cybersecurity Score

Cybersecurity ratingPremium dataset

D

62/100

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Strauss Group Online and Social Media Presence

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Strauss Group News and Updates

Strauss Group announces 10% revenue growth in Q2 2021

PETAH TIKVA, Israel, Aug. 17, 2021 /PRNewswire/ -- This morning, Strauss Group (TASE: STRS) published its financial statements for the second quarter and first half of 2021. The financial statements indicate that innovation, coupled with the lifting of restrictions and the resumption of...

Strauss Group wraps up Q1 2021 with stable revenues and an increase in profit and profit margins

PETAH TIKVA, Israel, May 25, 2021 /PRNewswire/ -- This morning, Strauss Group (TASE: STRS) published its GAAP and non-GAAP financial statements for the first quarter of 2021. Similar to the results for FY 2020, the results for the current quarter were largely impacted by the COVID-19...

International food and beverage corporation Strauss Group wraps up a successful 2020 with 4.6% organic growth[1], recording an increase in local currency sales across geographies in most categories

PETAH TIKVA, Israel, March 22, 2021 /PRNewswire/ -- This morning, Strauss Group (TASE: STRS) published its 2020 financial non- GAAP statements, demonstrating that the international food and beverage company has dealt with the challenges posed by the COVID-19 pandemic successfully. The...

Strauss Group generates revenue of NIS 6.3 billion in the first nine months of 2020, reflecting 4.5% organic growth excluding foreign currency effects[1]; Net profit in the period was NIS 464 million, an increase of 4.1%

PETAH TIKVA, Israel, Nov. 18, 2020 /PRNewswire/ -- Strauss Group CEO, Giora Bardea: "Strauss Group continues to deliver robust business performance despite the substantial global impacts of the COVID-19 crisis on its activities. In the first nine months and third quarter of 2020 the...

Strauss Group Announces Results for the Third Quarter of 2019: Revenue Growth Driven by Volume Growth, and Continued Improvement in Profit Margins

PETAH TIKVA, Israel, Nov. 20, 2019 /PRNewswire/ -- Giora Bardea, President and CEO of Strauss Group (TASE: STRS): "This morning we are announcing another quarter of revenue growth and significantly improved profit earnings and margins across most of the Group's businesses. These results...

An Israeli Technological Breakthrough, the First Ever in the World of Chocolate: Strauss Group Has Reduced the Sugar in Its Milk Chocolate by 30% With No Artificial Sugar Substitutes

PETAH TIKVA, Israel, Sep 19, 2019 /PRNewswire/ -- After two years of research and development at Strauss Group labs in Nazareth Elite, Israel, led by the company chocolate technology team and directed by the Group's CTO, Eyal Shimoni, Strauss were the first to bring the good news to the...
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Strauss Group Blogs

When the Water-Drinking Experience Meets Innovative Technology

Smart water dispensers not only improve the quality of the water you drink, but also enhance the water-drinking experience.

Happy Innovation Day!

Strauss has been considered an innovative company since its inception, and has been actively involved in innovation throughout its history. Since 2000, these activities have become increasingly structured and formal; and since 2011, following the establishment of Alpha Strauss – and even more so wit…

The best 2021 tips for job hunting

Looking for work? Here are a few great tips from Vered Barak, Head of Talent Acquisition department at Strauss Group

Thoughts about social responsibility and accountability

Far apart - Closer together. Osnat Golan, VP Communications, Corporate Branding and Sustainability, share her Thoughts about social responsibility and accountability.

“It’s a sweet journey spiced with stings “

A day in the life of Ronny Karlinsky, Beekeeper, member of Kibbutz Yad Mordechai

Far Apart – Closer Together

Far apart - Closer together. Alona Magor-Shoham, VP of HR at Strauss Israel, shares her thoughts for this upcoming new Jewish year
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Strauss Group Frequently Asked Questions

  • When was Strauss Group founded?

    Strauss Group was founded in 1933.

  • Who are Strauss Group key executives?

    Strauss Group's key executives are Giora Bardea, Shahar Florence and Ariel Chetrit.

  • How many employees does Strauss Group have?

    Strauss Group has 16,300 employees.

  • What is Strauss Group revenue?

    Latest Strauss Group annual revenue is ₪5.7 b.

  • What is Strauss Group revenue per employee?

    Latest Strauss Group revenue per employee is ₪349.4 k.

  • Who are Strauss Group competitors?

    Competitors of Strauss Group include Coca-Cola HBC, Lindt & Spruengli and General Mills.

  • Where is Strauss Group headquarters?

    Strauss Group headquarters is located at 49 Ha-Sivim St, Petah Tikva.

  • Where are Strauss Group offices?

    Strauss Group has an office in Petah Tikva.

  • How many offices does Strauss Group have?

    Strauss Group has 1 office.