Financials Azrieli Group Ltd.

Equities

Delayed TEL AVIV STOCK EXCHANGE Other stock markets 13:28:32 10/03/2026 +04			5-day change	1st Jan Change
48,170.00 ^ILa	-0.43%		-0.15%	+33.62%

12-02	Azrieli secondary ABB priced at ILS 319.13 per share, says bookrunner	RE
12-02	Azrieli Group secondary ABB offer size c. 1.5m shares / c. 1.2% of ISC, says bookrunner	RE

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	1,170	1,541	2,690	2,943	3,281	2,951	3,373	3,611
Change	-	31.71%	74.56%	9.41%	11.48%	-10.07%	14.31%	7.07%
EBITDA	-	-	1,646	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	1,005	1,355	1,630	1,716	1,964	2,239	2,574	2,803
Change	-	34.83%	20.3%	5.28%	14.45%	14%	14.96%	8.92%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Net income ¹	189	2,889	1,797	2,225	1,477	2,934	4,689	4,764
Change	-	1,428.57%	-37.8%	23.82%	-33.62%	98.68%	59.78%	1.62%
Announcement Date	25/03/21	23/03/22	22/03/23	21/03/24	20/03/25	-	-	-

¹ILS in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3
Net sales ¹	212	399	394	420	438	444	648	711	708	538	735	779	722	749	781	839	912	938	949	973	755.8	825.5	833.3	853.1	861.1	875.6	885.5	920.1
Change	-	88.21%	-1.25%	6.6%	4.29%	1.37%	45.95%	9.72%	-0.42%	-24.01%	36.62%	5.99%	-7.32%	3.74%	4.27%	7.43%	8.7%	2.85%	1.17%	2.53%	-22.33%	9.22%	0.95%	2.37%	0.94%	1.68%	1.13%	3.91%
EBITDA	-	-	-	-	-	-	-	-	413	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	166	209	360	369	379	382	405	435	408	432	446	457	381	461	475	508	520	558	518	558	604.9	641.7	610.2	660.3	661.5	689.8	660	725.2
Change	-	25.9%	72.25%	2.5%	2.71%	0.79%	6.02%	7.41%	-6.21%	5.88%	3.24%	2.47%	-16.63%	21%	3.04%	6.95%	2.36%	7.31%	-7.17%	7.72%	8.41%	6.08%	-4.91%	8.21%	0.18%	4.27%	-4.32%	9.88%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income ¹	-30	110	383	187	2,209	336	802	330	329	377	418	352	1,078	464	156	383	474	457	320	395	1,762	796.6	1,625	719.6	1,547	789.3	1,612	730.2
Change	-	466.67%	248.18%	-51.17%	1,081.28%	-84.79%	138.69%	-58.85%	-0.3%	14.59%	10.88%	-15.79%	206.25%	-56.96%	-66.38%	145.51%	23.76%	-3.59%	-29.98%	23.44%	346.19%	-54.8%	104.04%	-55.73%	114.99%	-48.98%	104.28%	-54.71%
Announcement Date	25/03/21	27/05/21	18/08/21	24/11/21	23/03/22	31/05/22	17/08/22	23/11/22	22/03/23	24/05/23	17/08/23	27/11/23	21/03/24	23/05/24	19/08/24	21/11/24	20/03/25	22/05/25	18/08/25	26/11/25	-	-	-	-	-	-	-	-

¹ILS in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	9,155	12,382	13,081	17,834	21,261	29,726	32,422	35,182
Change	-	35.25%	5.65%	36.34%	19.22%	39.81%	9.07%	8.51%
Announcement Date	25/03/21	23/03/22	22/03/23	21/03/24	20/03/25	-	-	-

¹ILS in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024
CAPEX ¹	88	292	32	61	204	235
Change	-	231.82%	-89.04%	90.62%	234.43%	15.2%
Free Cash Flow (FCF) ¹	1,492	282	979.1	1,242	954.1	581.2
Change	-	-81.1%	247.21%	26.81%	-23.16%	-39.08%
Announcement Date	26/03/20	25/03/21	23/03/22	22/03/23	21/03/24	20/03/25

¹ILS in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	61.19%	-	-	-	-	-
EBIT Margin (%)	85.9%	87.93%	60.59%	58.31%	59.86%	75.88%	76.3%	77.62%
EBT Margin (%)	-	-	-	-	-	-	-	-
Net margin (%)	16.15%	187.48%	66.8%	75.6%	45.02%	99.45%	139%	131.93%
FCF margin (%)	-	-	-26.17%	-	-	-	-	-
FCF / Net Income (%)	-	-	-39.18%	-	-	-	-	-
Profitability
ROA	-	-	-	-	-	-	-	-
ROE	4.56%	4.98%	8.39%	9.76%	6.11%	5.89%	7.38%	7.08%
Financial Health
Leverage (Debt/EBITDA)	-	-	7.95x	-	-	-	-	-
Debt / Free cash flow	-	-	-18.58x	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	76.73%	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	125.39%	-	-	-	-	-
CAPEX / FCF (%)	-	-	-293.18%	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Dividend per Share ¹	3.71	6.597	5.772	8.25	6.6	7.137	8.288	8.959
Change	-	77.81%	-12.5%	42.93%	-20%	8.14%	16.13%	8.09%
Book Value Per Share ¹	178	208	221	234	241	230	261.6	292.5
Change	-	16.85%	6.25%	5.88%	2.99%	-4.55%	13.7%	11.85%
EPS ¹	1.56	23.82	14.82	18.35	12.17	24.2	38.5	39.25
Change	-	1,426.92%	-37.78%	23.82%	-33.68%	98.82%	59.11%	1.95%
Nbr of stocks (in thousands)	121,273	121,273	121,273	121,273	121,273	121,273	121,273	121,273
Announcement Date	25/03/21	23/03/22	22/03/23	21/03/24	20/03/25	-	-	-