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The Marker | By: Omri Zarhovitch | 31/8/2015

Electra presented significant growth in revenue in the second quarter but this growth was almost not reflected in the bottom line. Company revenue grew by 25% to approximately NIS 1.2 billion, vs. NIS 950 million in the parallel quarter in 2014. At the same time, work and services expenses rose, resulting in gross profits remaining nearly unchanged at NIS 91.4 million. Company value is estimated at NIS 1.83 billion.