Y.H. Dimri Construction & Development (DIMRI) investor relations material

Executive summary

• Net profit for H1 2026 was ₪495.6M, with revenue of ₪780.5M and a gross profit margin of 46.1%.

• Equity reached ₪4.16B, supported by net share issuance and net profit, with a market cap of ₪8.1B as of August 19, 2026.

• The company is a leading player in the Israeli residential sector, included in the TA-35 index, and holds an A1 credit rating with a stable outlook.

• Dividend policy targets distribution of 33%–40% of net profit, with dividend payments in March, June, and September 2026.

• Maintains a strong liquidity position with ₪325M in cash and equivalents as of June 30, 2026.

Financial highlights

• H1 2026 revenue: ₪780.5M; net profit: ₪495.6M; gross profit margin: 46.1%.

• EBITDA for H1 2026: ₪447M.

• Cash and equivalents, financial assets, receivables, and balances total ₪1,289M as of June 30, 2026.

• Investment property stands at ₪1,903M; total assets are ₪10.08B.

• Dividend payments in H1 2026 totaled ₪92.6M.

Outlook and guidance

• Management expects continued strong cash flow from ongoing projects and maintains a positive liquidity outlook despite negative operating cash flow in H1 2026.

• The company is positioned to benefit from a large pipeline of residential and urban renewal projects.

• Expected permits for 2026–2028: 9,642 units; expected approvals: 12,342 units.

• Unrecognized gross profit in projects (completed, under construction, and planning): ₪3,024M.

• Additional unrecognized gross profit in urban renewal projects with approved plans: ₪1,600M.