Rav Bariach Recovers with Second Consecutive Profitable Quarter in 2026

Rav Bariach's stock surged 18% on the Tel Aviv Stock Exchange after reporting its second consecutive profitable quarter. The company, controlled by Shmuel Donerstein, began its recovery in 2025, ending that year with a modest profit of 2.4 million shekels compared to a 52 million shekel loss in 2024. The second quarter of 2024 was particularly challenging, with a loss of 20 million shekels.

To stabilize, Rav Bariach undertook several financial restructuring measures, including issuing convertible bonds that diluted Donerstein's holdings, selling its Ashkelon factory land in a sale-and-leaseback deal for 97 million shekels, and reorganizing 400 million shekels of bank debt. Following the 2024 crisis linked to the Iron Swords conflict, the company benefited from reconstruction work in northern Israel and a partial recovery in the construction sector.

After posting a 9.2 million shekel profit in Q1 2026, Rav Bariach reported an additional 7.1 million shekel profit in Q2 2026, boosting its market value to 550 million shekels. Sales rose 19% in Q2 to 213 million shekels, with gross profit margins increasing from 22% to 25.6%. For the first half of 2026, the company recorded revenues of 404 million shekels, a 10% increase year-over-year, and a net profit of 16.3 million shekels. Its EBITDA reached 77 million shekels, valuing the company at an 8x EBITDA multiple even after the recent stock price jump.