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News 1 | by: Merav Arad | 17/5/15

Company revenue in the Q1 2015 rose by 5.3% to NIS 640.6 million. The Company ended the first quarter of the year with a NIS 6.2 million profit.

 The Electra Consumer Products Group summarized (Sunday 17.5.15) its financial statements for Q1 2015 with an increase in revenue and profits. Company income in the first quarter of 2015 rose by 5.3% to NIS 640.6 million, in comparison with NIS 608.5 million in the same quarter last year. 

The rise in revenue was affected by the timing of the Passover holiday, and from a 14% increase in the electrical retail sector, as well as by a 16% increase in the DIY sector. The increase was partially offset by the consumer products sector.