IAI profit jumps 55% – Globes

The accumulation of high requests at all, a 55 % jump in net profit, and the increase in sales rate by 5 % in Israel: numbers of the 2024 financial statements for Israeli space industries (IAI). The results to the homeland bring the gap between the success of the great IAI in recent years, and the priorities of politicians responsible for the state -owned company, and are reflected in the process of selecting Gabi Seroussi as Chairman of its Board of Directors. It seems that the chances of passing SerousSi have been audited by the DOTAN committee of the governmental companies committee, which displays the higher appointments, and the signature of David Amsalem, the minister responsible for the authority, is weak at the present time.

IAI's financial statements show that its revenues grew by 15 % in 2024 to $ 6.1 billion. Swords of Iron War strengthened the revenue of its military departments by 15.5 %, to $ 5.1 billion. The war also had a significant impact on the sales rate to the local market, which amounted to 34 % (2 billion dollars), compared to 29 % ($ 1.5 billion) in 2023.

The geographical collapse of the rest of the company's sales shows that Asia was the leading sales destination last year, by 36.2 %, an increase of 29 % in 2023, while North America's share decreased from 18 % to 14 %. The war of Russia and the increasing demand for weapons by European countries raised the share of sales from 12.4 % to 19.3 %.

The total accumulation of Iaii orders reached $ 25 billion at the end of 2024, which compared with $ 18 billion at the end of 2023, ensuring four years of activity at the current rate. The net profit increased by 55 % to $ 493 million in the past year (8 % of sales), from $ 318 million in 2023.

On the IAI float, which was decided by a ministerial committee in November 2020, the IAI report states, “On the date of the report, there is no certainty that the company's shares will actually be presented to the public, both in detailed coordination in pre -submission.

It was published by Globes, Israel Business News – En.globes.co.il – on March 13, 2025.

© Copy Publish Publisher Itonut (1983) Ltd. , 2025.