Image 15 of 67
< Prev Next >
Iscar factory floor in Tefen Industrial Park Western Galillee Iscar was bought by Berkshire Hathaway for $ 4 billion .. ..Iscar netted $440 million on sales of $1.4 billion in 2005, market sources claim. ..The Iscar Group, which jealously guards its financial status and never leaks to the press, refused to comment on the figures...Iscar's results are expected to remain confidential in the future, because Berkshire Hathaway also is quite secretive. It reports the barest of data about its portfolio companies...Time after time Warren Buffett refused to answer TheMarker's questions regarding Iscar's profitability, referring the reporter to Eitan Wertheimer. Wertheimer, as usual, stayed mum...The last time estimates of Iscar's profits were published was in 2002, when TheMarker magazine revealed net profits of $200-250 million. The source for that report was an investment banker who had met with Iscar to discuss the possibility of an IPO. Jini Photowire/ Ancho Gosh 09-05-2006
Share
twitterlinkedinfacebook
Iscar factory floor in Tefen Industrial Park Western Galillee Iscar was bought by Berkshire Hathaway for $ 4 billion .. ..Iscar netted $440 million on sales of $1.4 billion in 2005, market sources claim. ..The Iscar Group, which jealously guards its financial status and never leaks to the press, refused to comment on the figures...Iscar's results are expected to remain confidential in the future, because Berkshire Hathaway also is quite secretive. It reports the barest of data about its...
more »