Q1 2023 Strauss Group Ltd Earnings Call Transcript

May 30, 2023 / 12:30PM GMT
Ariel Chetrit - Strauss Group Ltd. - CFO

(technical difficulty) People really endeavored quite a challenging year last year.

The second platform that we're working on is transformation. As you know, the organization is going through a transformation to have a better future fit to our strategy. And this transformation is focused on 2 main areas: centralizing areas in our group to make sure that we have -- we are building the best center of excellence and make sure that we are achieving the maximum efficiency and optimization in our functions. So we're centralizing or we are in the last stages of the process of centralizing our operations, IT, HR, finance.

On the other hand, we are focusing -- we want to focus more on being consumer-centric and therefore, building the right focus in our business units for that matter. And Raanan Kovalsky, the CEO of Strauss Israel will focus mainly on the sales and marketing side of our operations here in Israel.

The last pillar of our program for 2023 is performance. We want to make sure that we are going back to our regular normal performance

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