Strauss profit up on overseas sales of coffee
Israeli food and drinks maker Strauss Group reported higher quarterly net profit, boosted by growth in international sales of coffee and dips as well as income from currency hedging transactions.
The company earned an adjusted 119 million shekels ($31 million) in the third quarter, up from 81 million a year earlier, it said on Wednesday. Sales rose 4.8 percent to 2.1 billion shekels.
