Gold Bond Reports Double-Digit Growth in Q3

Gold Bond Group has announced positive results for the third quarter of 2025, characterized by broad growth across all areas of operation and improved profitability despite the ongoing effects of last year's war period.

The company reported revenues of approximately 63.4 million shekels, representing a growth of about 22% compared to the same period in 2024, primarily due to the expansion of operations in container terminals.

The significant growth came from the full container load (FCL) sector, which saw a sharp increase of about 43% in revenues, alongside growth of about 24% in the less container load (LCL) sector, which was affected last year by a slowdown in industry activity during the Iron Swords War.

The improvement in the composition of operations contributed to a significant increase in gross profit, which reached about 14.1 million shekels, representing a jump of about 43.7% compared to the same quarter.

Operating profit rose to about 7.2 million shekels (a jump of about 41.7%). In addition, the quarterly EBITDA climbed to about 15.8 million shekels - a growth of about 17.6% compared to last year.

On the bottom line, net profit amounted to about 7.1 million shekels, similar to the same quarter, but at Gold Bond, they note that when neutralizing the contribution of the included company (Israel Dockyards Industries), an impressive growth of about 34% was recorded in core profits, which reached about 5.5 million shekels.

Gold Bond also shows a strong growth trend in the first nine months of the year. Revenues rose by about 33% to 184.1 million shekels, gross profit jumped by about 45% to 39.3 million shekels, and operating profit grew by about 53% to 21.5 million shekels. Core profits during this period rose by about 54% and amounted to about 17.4 million shekels.

In light of the improvement in performance, the Gold Bond board approved a dividend distribution of about 7 million shekels, which is about 40% of the company's profits in the first nine months of the year.

Amos Dai, CEO of Gold Bond, said that the results reinforce the recovery trend in the industry and the advantages of the company's operational models: "The growth in activity and the efficiency we have achieved allow us to present a strong quarter, expressing a return to a growth momentum. As long as the ceasefire is maintained, we identify a broad business potential to strengthen our position in the container terminals and to continue expanding the free logistics and e-commerce sector."

It should be noted that the Gold Bond Group operates cargo terminals, free warehouses and open storage and provides ancillary services and cargo transportation services, in areas adjacent to the ports of Ashdod and Haifa and also, at a cargo terminal in Beit Shean, near the Jordan River border crossing. In the E-Commerce field, the company operates a robotic warehouse in Ashdod and also, through E-Gold, develops and markets dedicated software for managing robotic warehouses. In addition, the company holds 20% of the shares of the included company Israel Dockyards Industries.