G. Willi-Food (WILC) Update

Written by: Aaron Katsman | July 12, 2007

By Aaron Katsman
www.IsraelNewsletter.com

G. Willi-Food, one of Israel’s fastest growing food companies, came out with guidance for Q2, ahead of their full quarterly report due out in August. The company announced that it expects to report an approximate 27% increase in revenues for the second quarter over Q2 ‘06 and an approximate 29% increase in revenue for the first half of 2007 over the prior year’s period.

Willi Food continues to execute their business model, and drive their expansion into the US kosher food market. As I have posted in the past, the kosher food market is very large and growing rapidly. Look for WILC to continue to profit from this trend for years to come.

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Disclosure: Author’s fund is long WILC as of 7/12/07.

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Aaron Katsman is the lead portfolio manager for the Israel Growth Portfolio and Managing Director of America Israel Investment Associates, LLC. For more information, go to www.israelnewsletter.com or call 1-888-327-6179, or email aaron@profile-financial.com.

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4 Comments »

Comment by Josh Normand on July 12, 2007

Good information. Does Willi Foods want to compete with Manoschiewitz, Hadar Foods, etc.?

There are some brands that only “religious” will buy and some brands that are Kosher but have more widespread appeal.

Comment by Aaron Katsman on July 13, 2007

Josh,

Thanks for your comments. They are going after the broader kosher food market, and have a variety of kosher products that have general appeal.

Comment by Josh on July 16, 2007

Sounds like they will have a chance to indent the Kosher food market. I assume that if they try to get into North America, they’d go into the East Coast.

Comment by Aaron Katsman on July 17, 2007

East coast west coast. They will be national

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