G. Willi-Food Anticipates 27% Revenue Increase for Second Quarter 2007 and 29% Revenue Increase for First Half 2007 Over Prior Year's Periods
via COMTEX
July 12, 2007
YAVNE, Israel, July 12, 2007 /PRNewswire-FirstCall via COMTEX News Network/ --
G. Willi-Food International Ltd. (NASDAQ: WILC) (the "Company" or "Willi-Food"), one of Israel's largest food importers and a single-source supplier of one of the world's most extensive range of quality kosher food products, today announced that it expects to report an approximately 27% increase in revenues for the second quarter over the prior year's period and an approximately 29% increase in revenue for the first half of 2007 over the prior year's period.
Mr. Zwi Williger, President and COO of Willi-Food commented, "Second quarter results continue the momentum we saw earlier in the year. Our various businesses are all performing as expected and we remain focused on achieving further growth through product innovation, increased market penetration and additional acquisitions."
Willi-Food expects to publish its financial results for the second quarter and for first half of 2007 at the end of August. The Company will host an earnings conference call at that time.
About G. Willi-Food International, Ltd.
G. Willi-Food International Ltd. is one of Israel's largest food importers and a single-source supplier of one of the world's most extensive ranges of quality kosher food products. It currently imports, markets and distributes more than 400 food products manufactured by some 100 top-tier suppliers throughout the world to more than 1,000 customers. The Company excels in identifying changing tastes in its markets and sourcing high-quality kosher products to address them. For more information, please visit the Company's website at www.willi-food.co.il.
