- global workforceThe company increased its execution rate, significantly expanded its workforce, and established a new company in Romania as a manufacturing force multiplier as well as a spear head for its European market activities
Caesarea, Israel, March 26, 2026 – IMCO Group (TASE: IMCO), a leading developer and manufacturer of defense and industrial systems, reports continued growth in its operations during 2025, alongside the expansion of its global activities and ongoing investments in enhancing manufacturing capabilities and operational efficiency.
- Revenues in 2025 amounted to approximately NIS 355 million, an increase of approximately 17% year-over-year.
- Gross profit in 2025 increased by approximately 21% year-over-year to approximately NIS 86 million (~24.3% gross margin).
- Operating profit in 2025 increased by approximately 13% year-over-year to approximately NIS 40.3 million (~11.3% operating margin).
- Adjusted EBITDA in 2025 totalled approximately NIS 43.6 million, an increase of approximately 14.5% year-over-year, while adjusted net profit in 2025 totalled approximately NIS 25 million.
- The company’s order backlog as of December 31, 2025, stood at approximately NIS 614 million.
During the year, IMCO successfully increased the execution rate of its order backlog. This growth was driven, among other factors, by the Group’s investments in expanding manufacturing capabilities and implementing advanced operational efficiency processes, enabling higher production volumes and improved delivery times for customers worldwide.
At the same time, the Group expanded its global workforce by approximately 130 employees in the roles of management, engineering, manufacturing, R&D, and project management, in order to be able to support continued growth and expended operations.
During the year, IMCO established a new company in Romania, designed to provide additional answers to the growing European market demands. This move is yet an additional execution of IMCO’s strategy to increase its international presence and expand its activities into key European markets.
In addition, cooperation agreements were signed with strategic customers, in parallel to new sector-leading customers joined the industrial division. These developments further strengthen the Group’s customer base to support continued expansion in both the defense and industrial markets.
Ariel Kandel, CEO of IMCO Group, said:
“The past year reflects both continued and significant multi-year-double-digit growth. The increase in the execution rate of our orders and the expansion of our customer base demonstrate the demand for our solutions and the strong trust of our customers in Israel and worldwide. At the same time, we continue to invest in research and development to sustain our technological leadership, as well as in infrastructure, processes and manufacturing capabilities, in order to deliver a broader and more efficient response to the evolving needs of our customers and to support further expansion into new markets.”

























