Stratus Properties IncImpact on stocks 1
Stratus Properties IncTheme Impact
Off-coverage companies 1
Q2 net profit doubled, EBIT up 41.9%, positive free cash flow, and dividend declared.
Strauss Group reported second-quarter net profit attributable to shareholders of NIS 195 million, more than doubling from NIS 90 million a year earlier. EBIT rose 41.9% to NIS 363 million, with an EBIT margin of 12.6%, while revenues declined 1.9% on a like-for-like basis to NIS 2,867 million. The company generated positive free cash flow of NIS 150 million, compared with a negative NIS 89 million in the prior-year period, and declared a semi-annual dividend of NIS 180 million, or approximately NIS 1.54 per share, payable on September 3rd, 2026. Strauss Israel and Coffee International both delivered double-digit EBIT growth, and Midroog maintained the group's Aa1.il rating with a stable outlook.
Stratus Properties IncQ2 net profit doubled, EBIT up 41.9%, positive free cash flow, and dividend declared.