Teva will publish today its results for the first quarter of 2018

Posted on May 3, 2018 by Ifi Reporter - Dan Bielski

Teva is expected to publish its results for the first quarter of 2018 before trading on the New York Stock Exchange. Teva CEO Car-Schultz shares the first full report the company reports when Schulz was appointed CEO. The reforms he initiated have not yet affected the results of the previous report. Investors hope to receive positive signals in this report.

About a month after taking office, Schultz introduced a massive reorganization plan for a company that included large-scale layoffs and a cut in losing activities. In addition, the company suffers from a particularly high debt in view of the unsuccessful acquisitions it made in recent years due to previous management decisions. Investors expect today's reports to be positive news for both restructuring and debt levels.

Another issue that will attract the attention of investors is the company's coping with the erosion of profitability in the US generics sector. Yesterday, Teva announced that it did not intend to sell the logistics center in Shoham.


ABOUT IFI TODAY

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum

Newsline

El Al Appoints Levi Halevi as New CEO; CFO Yaakov Shahar to Retire

Sep 20, 2026 by Ifi Reporter - Dan Bielski

El Al Israel Airlines announced a major leadership transition this afternoon, with the appointment of Levi Halevi as the airline’s new Chief Executive Officer . The decision was made by El Al’s Board of Directors , following the recommendation of a search committee... Continue reading →

Hadas Water Launches Under-Sink Purified Water System With Special Shabbat Mechanism

Mar 10, 2026 by Ifi Reporter - Dan Bielski

Hadas Water , one of Israel’s leading companies in the development and production of purified water bars, has introduced a new under-sink system that dispenses both hot and cold purified water and includes a unique mechanism designed for use on Shabbat.... Continue reading →

Survey: Majority of Israeli Opinion Leaders Say Rami Levy Offers Cheapest Passover Shopping Basket

Mar 10, 2026 by Ifi Reporter - Dan Bielski

A new survey conducted by the Geocartography Survey Institute found that a majority of Israeli opinion leaders believe the Rami Levy Hashikma Marketing supermarket chain offers the cheapest shopping basket for Passover. According to the survey, 62% of... Continue reading →


Testimonials

No testimonials. Click here to add your testimonials.