23
CONTINUE TO GROW TOP LINE ORGANICALLY
BY 9% IN ORIGINAL CURRENCY
STRONG OPERATING CASH-FLOW OF 70M$
SUCCESSFUL ACQUISITION OF P.J.SALVAGE
SUCCESSFUL INTEGRATION OF JV’s
HEADWINDS FROM EX-RATES FLUCTUATIONS
NEGATIVELY IMPACT THE EBIT BY 7.3M$
INCREASE IN SAME STORE SALES IN
GERMANY(4.4%) AND IN ISRAEL (5.7%)
