Economy · Full coverage
Globrand Faces Profit Hit as Winston and Camel Distribution Deal Nears End
How 3 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Calcalist · 2 days ago
Center 1Unrated 2
What happened
Globrandes says it may lose its JTI distribution deal early next year, a move it estimates will reduce net profit by 35 million shekels. The company is also shrinking its snacks business and refocusing on house brands, BAT tobacco products, medical equipment, and cannabis logistics.
- 01Globrandes failed to renew its JTI distribution agreement, set to expire early next year.
- 02The company expects a 35 million shekel hit to net profit.
- 03JTI brands made up about 45% of sales in recent years.
- 04Globrandes is also winding down snacks and candy by the fourth quarter.
- 05The company ended 2025 with 3.7 billion shekels in revenue and 59 million shekels profit.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 3 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
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