Delta Galil reports 16 percent sales growth in FY17

Delta Galil reported sales of 371.6 million dollars for the fourth quarter of 2017, compared with 376.3 million dollars for the same quarter last year, representing a 1 percent decrease. Sales for the 2017 full year increased 16 percent to a 1,368.1 million dollars against the previous year. Operating profit was 32.5 million dollars, a 1 percent increase, while operating profit for the year was 84.6 million dollars compared to 85.3 million dollars last year, a decrease of 1 percent.