Israel’s Delta Galil’s sales up 2% to $450.8 mn in Q1 FY24

Delta Galil Industries reported Q1 FY24 sales of $450.8 million, a 2 per cent increase from last year.
The company’s gross margin reached a record 42.3 per cent.
EBIT rose 80 per cent to $26 million in Q1 FY24, with net income surging 300 per cent to $12 million.
Diluted EPS increased to $0.39.
EBITDA excluding IFRS 16 impact was $37.7 million.Delta Galil Industries reported Q1 FY24 sales of $450.8 million, a 2 per cent increase from last year.
The company’s gross margin reached a record 42.3 per cent.
EBIT rose 80 per cent to $26 million in Q1 FY24, with net income surging 300 per cent to $12 million.
Diluted EPS increased to $0.39.
EBITDA excluding IFRS 16 impact was $37.7 million.