This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Alon Holdings Blue Square - Israel Ltd. Announces Financial Results For The Fourth Quarter Of 2011 And The Year Ended 2011

ROSH HA'AYIN, Israel, March 22, 2012 /PRNewswire/ --

Alon Holdings Blue Square-Israel Ltd. (NYSE and TASE: BSI) today announced its financial results for the year and fourth quarter ended December 31, 2011.

Year ended 2011

  • The sales in 2011 amounted to NIS 12,482 million (U.S. $3,267 million) compared to NIS 8,504 million in 2010* (an increase of 47%) and the operating profit amounted to NIS 287 million (U.S. $75 million) (an increase of 19% compared to the corresponding period last year. 

Fourth Quarter  of 2011

  • The sales in the fourth quarter amounted to NIS 3,039 million (U.S. $795.3 million) (an increase of 1.9%) and the operating profit amounted to NIS 17 million (U.S. $4.4 million) compared to NIS 49 million in the comparable quarter last year.
  • In the fourth quarter of 2011 the Company recorded onetime tax expenses of NIS 34.5 million (U.S. $9.0 million) due to legislative changes in increased Corporate tax rates to 25%.

KEY FIGURES for the year and the fourth quarter compared to the comparable periods last year:

                                           rate                          The
          Data in NIS                       of                         rate of
           (millions) 1-12 2010 1-12 2011 change 10-12/2010 10-12/2011 change

         Net revenues   8,504    12,482    46.8%    2,983      3,039     1.9%
         Gross profit   2,311     2,916    26.2%      739        689    (6.8%)
        Rate of gross
               profit   27.1%     23.4%             24.8%      22.7%
     Operating income
        (before other
     gains and losses
       and changes in
        fair value of
            property)     241       287    19.1%       49         17   (65.3%)
    Rate of operating
               income    2.8%      2.3%              1.6%       0.6%
        expenses, net     150       176    17.3%       42         41    (2.4%)
        Income before
      taxes on income    98.9     140.3    41.9%      7.2      (21.6)
      Taxes on income    36.3      46.8    28.9%      5.8       34.5     493%
     Rate of taxes on
               income     37%       33%               81%
    Net income (loss)
       for the period      63        94    49.2%        1        (56)

Results for the year 2011 [1]

Gross revenues

1 of 13

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs