Delta Galil reports 23 percent rise in Q1 sales

Delta Galil Industries, Ltd. has recorded sales of 315.7 million dollars for the first quarter of 2017, a 23 percent increase compared to 256.7 million dollars for the same quarter last year. The company said, this increase was primarily driven by the addition of Delta premium brands. Operating profit excluding one-time items amounted to 12.9 million dollars compared to 14.8 million dollars for the same quarter last year, representing a 13 percent decrease.