Zman L'chol Sets 2030 Revenue Target of 1 Billion Shekels
Translated & summarized from Bizportal by baba
Food company Zman L'chol has announced a strategic plan targeting revenues of 900 million to 1 billion shekels by 2030, with a net profit margin of 9%. The company plans to invest 110 million shekels in capital expenditures, funded by cash flow, and maintain its dividend policy. A key growth driver is the Golan Heights Dairies acquisition, with expansion into premium dairy products and broader food categories planned. The strategy focuses on organic growth but leaves room for synergistic acquisitions.
The story in 5 lines · by baba
- Zman L'chol aims for 900 million to 1 billion shekels in revenue by 2030.
- The company targets a 9% net profit margin throughout its 2026-2030 strategic plan.
- Approximately 110 million shekels will be invested in capital expenditures.
- Golan Heights Dairies is identified as a primary engine for future growth.
- Zman L'chol plans to distribute over 100 million shekels in cumulative dividends.
Food company Zman L'chol has unveiled a strategic plan for 2026-2030, projecting revenues between 900 million and 1 billion shekels by 2030, while aiming to maintain a net profit margin of approximately 9%. This would translate to annual net profits of 81 to 90 million shekels, a significant increase from its 2025 revenue of about 530 million shekels. The plan signifies an expected growth of nearly 80% in five years. Notably, Zman L'chol intends to achieve this growth without eroding its profit margins, maintaining the 9% net profit rate seen in recent years. The company plans to fund approximately 110 million shekels in capital expenditures for expanding production capacity and automation through internal cash flow, rather than increasing debt. Zman L'chol also intends to continue its dividend policy, distributing about 60% of its net profit, potentially totaling over 100 million shekels in cumulative dividends during the plan's period. The central growth engine for this strategy is Golan Heights Dairies, acquired in 2023, which Zman L'chol aims to expand significantly in the dairy market, focusing on premium, high-value products. The company is also broadening its vegetable operations and strengthening its brands, Yachin and Golan Heights Dairies, across dry, chilled, and frozen food categories. This shift aims to transform Zman L'chol from a company focused on separate food activities into a broader food platform leveraging shared distribution and production infrastructure. The company's targets are based on organic growth, but it continues to explore synergistic mergers and acquisitions to accelerate expansion beyond these goals.