Turpaz Industries breaks records with strong double-digit growth

Turpaz Industries Ltd. (TASE: TRPZ), a leading global company that develops, manufactures, and markets flavors and fragrances, as well as specialty fine ingredients, announced its financial results for the third quarter and the first nine months of 2025.

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The report indicates a quarter of accelerated growth across all parameters, with improved profitability, expanded global operations, and the consistent implementation of the group's integrated growth strategy.

Q3 2025 Results

In the third quarter of the year, Turpaz recorded record revenues of $76.7 million, representing growth of 57.4% compared with the same quarter last year. This growth was driven by strong organic growth of 18.2% and acquisitions completed during 2024 and the first nine months of 2025.

Gross profit increased by 59.0%, reaching $31.7 million (41.4% of sales), compared with $19.9 million (40.9% of sales) in the same quarter last year. Operating profit rose by 73.4%, reaching $13.4 million (17.4% of sales), compared with $7.7 million (15.8% of sales) in the corresponding quarter.

Net profit for the quarter grew by 29.6% to $6 million, while Non-GAAP net profit (excluding onetime expenses and non-cash amortization) grew by 64.1% to $10.9 million. Adjusted EBITDA margin reached 24.4%, up 55.1% to a total of $18.7 million – a new quarterly record for the company. Operating cash flow for the quarter totaled $13.3 million, three times higher than in the same quarter last year.

Q1–Q3 2025