Strauss Group has estimated the impact of Salmonella illnesses and related recalls to be about U.S. $33 million on first quarter financial results.
The company said net profit for the first quarter of 2022 is expected to be hit by Israeli New Shekel 115 to 125 million ($33.6 to $36.5 million). The financial statement as of March 31 is expected to be published around May 25.
During an inspection of Strauss’s factory in Nof Hagalil, Israel in April, the Ministry of Health found “significant” failings in the company’s protocols. The agency has suspended the plant’s approval for three months or until issues detected during the visit have been rectified.
Elite branded items such as cakes, wafers, energy grain snacks, energy chocolate rice cakes, chewing gum and toffee candies were sent to the United States, Canada, Australia, New Zealand, Austria, Brazil, Cyprus, Estonia, France, Germany, Hungary, Italy, Luxembourg, Netherlands, Poland, Romania, Russia, South Africa, Spain, Sweden and the United Kingdom.