Avshalom Shimi
Head of Investor Relations

Hello, everyone, and thank you for joining us today. Welcome to Strauss Group First Quarter 2026 Results Earnings Call. On our call today, management will provide a review of the results followed by a questions-and-answer session. [Operator Instructions] As a reminder, this earnings call is being recorded Wednesday, May 20, 2026. A recording of this call will be available on the company's website a few hours after the call. With me today are Mr. Shai Babad, Strauss Group's President and CEO; and Mr. Toby Fishbein, the Group CFO; and myself, Avshalom Shimi, Head of Investor Relations.

I would like to remind everyone that this online webinar may contain projections or other forward-looking statements regarding future events or the future performance of the company. These statements are only predictions and may change as time passes. Strauss Group does not assume any obligation to update this information, and actual events or results may differ materially from those projected, including as a result of changing industry and market trends, reduced demand for our products, the timely development of new products and their adoption by the market, increased competition in the industry and price reductions as well as due to risks identified in the documents filed by the company with the Israeli Securities Authority. Shai, the floor now is yours.

Shai Babad
CEO & President

Thank you very much, Avshi. Good afternoon, everybody, and thank you very much for joining us for our earnings call. Just to quickly summarize the highlights of this quarter. So as you can see in our financial reports, there is a substantial increase in our EBIT. We