Inactive Instrument

Company Elco Ltd. TEL AVIV STOCK EXCHANGE

Equities

ELCO

IL0006940345

Construction & Engineering

Business Summary

Elco Ltd, formerly Elco Holdings Ltd, is an Israel-based industrial group. The Companies activities are conducted through its subsidiaries, namely Electra Ltd that delivers solutions in electromechanical systems, real estate development and construction, facility management and large-scale infrastructure; Electra Consumer Products Ltd, that manufactures, imports, exports, markets and distributes a range of international and local brands in major appliances, small appliances, air conditioners and consumer electronics; Elco-Landmark Residential engaged in investment, upgrade, leasing and management of under-performing multi-family apartment complexes in the southeastern states, and Electra Real Estate, a development and investment company for commercial properties, including office buildings, shopping malls, logistics centers and hotels, as well as some residential property.

Sales per Business

ILS in Million2022Weight2023Weight Delta
Electra
61.8 %
11,018 57.4 % 11,615 61.8 % +5.42%
Electra Consumer Products
34.8 %
6,294 32.8 % 6,539 34.8 % +3.90%
Electra Power
3.8 %
786 4.1 % 710 3.8 % -9.75%
Electra Real Estate
-0.8 %
901 4.7 % -157 -0.8 % -117.47%
Others
0.8 %
244 1.3 % 141 0.8 % -42.16%
Inter-segment Sales
-0.3 %
-42 -0.2 % -52 -0.3 % +25.37%

Sales per region

ILS in Million2022Weight2023Weight Delta
Israel
89.3 %
16,083 83.8 % 16,788 89.3 % +4.39%
Europe
6.0 %
1,086 5.7 % 1,134 6.0 % +4.37%
North America
5.6 %
1,761 9.2 % 1,046 5.6 % -40.61%
Other and Adjustment
-0.9 %
272 1.4 % -172 -0.9 % -163.35%

Managers

Managers TitleAgeSince
Chief Executive Officer 57 11-10-04
Chief Executive Officer 62 02-05-19
Director of Finance/CFO 69 93-12-31
Comptroller/Controller/Auditor 50 23-01-18
Corporate Officer/Principal 61 04-03-23

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 62 02-05-19
Chief Executive Officer 57 11-10-04
Chairman 71 11-11-09
Director/Board Member 46 18-07-05
Director/Board Member 78 18-07-05
Director/Board Member 49 18-07-05

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 34,514,392 9,002,895 ( 26.08 %) 7,603,000 ( 22.03 %) 26.08 %

Shareholders

NameEquities%Valuation
Estate of Gershon Salkind
66.54 %
17,907,042 66.54 % 632 M ₪
Clal Pension & Provident Funds Ltd.
9.204 %
2,476,979 9.204 % 87 M ₪
Altshuler Shaham Provident Funds & Pension Ltd. (Invt Mgmt)
4.343 %
1,168,873 4.343 % 41 M ₪
KSM Mutual Funds Ltd.
0.9268 %
249,406 0.9268 % 9 M ₪
Migdal Mutual Funds Ltd.
0.7104 %
191,177 0.7104 % 7 M ₪
Altshuler Shaham Mutual Funds Management Ltd.
0.6028 %
162,223 0.6028 % 6 M ₪
Analyst IMS Mutual Funds Management (1986) Ltd.
0.2314 %
62,279 0.2314 % 2 M ₪
Excellence Nessuah Mutual Funds Management Ltd.
0.1199 %
32,277 0.1199 % 1 M ₪
IBI Mutual Funds Management (1978) Ltd.
0.1188 %
31,973 0.1188 % 1 M ₪
More Mutual Funds Management (2013) Ltd.
0.1102 %
29,663 0.1102 % 1 M ₪

Holdings

NameEquities%Valuation
1,830,493 47.68% 791,063,585 $
32,924,229 21.95% 352,814,063 $
10,539,226 45.37% 239,712,271 $
10,916,629 61.01% 58,967,700 $
42,173,725 29.80% 40,174,269 $

Company contact information

Elco Ltd.

Electra Tower 98 Yigal Alon Street

6789141, Tel Aviv

+

http://www.elco.co.il
address Elco Ltd.(ELCO)