Investor Presentation 2023
Actions Taken and Focus Areas for 2023
Global restructuring plan aiming to improve cash position, and to support company's
long term goal to improve growth and profitability.
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Closing Sdot-Yam Plant and shifting capacity to
our other plants including third party
manufacturers
Focused on operational excellence, cost reduction
and improved working capital management
Aligning production with demand while maintaining
adequate inventory levels.
Price adjustments to meet market demand
Focus on product Innovation
Ocaesarstone
Diversify production capabilities by adding
manufacturers in low-cost countries
Expand porcelain offering in the U.S. and Canada
Adjusting North America go-to-market strategy
Headcount reduction in connection with Sdot-
Yam plant closure (150 employees).
Investor Presentation 2023
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