Caesarstone Sdot-Yam (CSTE) Declares $0.29 Special Dividend; Adopts Dividend Policy

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Go back to Caesarstone Sdot-Yam (CSTE) Declares $0.29 Special Dividend; Adopts Dividend Policy

Caesarstone Reports Fourth Quarter and Full Year 2017 Results

February 7, 2018 6:30 AM EST

Q4 record revenue, up 9.8% to $148.1 million; up 7.0% on a constant currency basis $17 million legal settlement and loss contingency expenses, mainly related to arbitration result drives Q4 controlling interest net loss of $6.4 million Diluted and basic loss per share of $0.19; adjusted diluted EPS of $0.22 FY17 revenue up 9.2% to record $588.1 million; up 7.4% on a constant currency basis FY17 Diluted EPS of $0.73; adjusted diluted EPS of $1.45 Provides 2018 guidance for revenues and adjusted EBITDA... More

Caesarstone Announces the Appointment of Ophir Yakovian as Chief Financial Officer

February 7, 2018 6:29 AM EST

MP MENASHE, Israel--(BUSINESS WIRE)-- Caesarstone Ltd. (NASDAQ: CSTE), a manufacturer of high quality engineered quartz surfaces, today announced the appointment of Mr. Ophir Yakovian as the Companys new Chief Financial Officer. Mr. Yakovian is expected to join Caesarstone in April 2018.

Raanan Zilberman, Chief Executive Officer, commented, We are delighted to welcome Ophir Yakovian, an experienced finance executive, as the Companys Chief Financial Officer. We believe that Mr. Yakovians track record with industrial and publicly-traded companies makes him a natural fit for our business and Company culture, a strong leader to... More