Israel’s Delta Galil’s sales surge 4% to $922.2 mn in H1 FY24

Delta Galil reported a 4 per cent sales increase to $922.2 million in H1 FY24, with Q2 FY24 sales up 6 per cent to $471.4 million.
The company achieved record gross margins and significant EBIT growth.
Net income surged by 83 per cent in H1 FY24 to $33.1 million, with diluted EPS rising to $1.13.
EBITDA also grew, reaching $84.2 million in H1 FY24.