Elco Ltd (Elco) is an industrial company. It imports and markets electrical consumer products develops and manufactures air-conditioning systems. The company also provides services for buildings and infrastructure. Elco purchases manage and enhance residential complexes and real estate business. The company offers superior energy solutions and operates gas operating systems. Elco manages real estate units in Florida, Texas, Tennessee, Georgia, South and North Carolina in the US. The company has its operations spread across various regions of North America, Europe, South America and Asia. Elco is headquartered in Tel Aviv, Israel.
Headquarters
Israel
Address
98 Yigal Alon St., Electra Tower Fl. 50, Tel Aviv-Yafo, 97891
Website
www.elco.co.il
Telephone
972 3 6939670
No of Employees
14,999
Industry
Construction
Ticker Symbol & Exchange
ELCO (TASE)
Revenue (2022)
$5.6B
26.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-21.1%
(2022 vs 2021)
Market Cap*
$804.3M
Net Profit Margin (2022)
XYZ
-37.6%
(2022 vs 2021)
* As of and is in US$
Elco Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Air Conditioners | Provision of Services for Buildings and Infrastructure |
| Importation and Marketing of Electrical Consumer Products | |
| Purchase, Management and Enhancement of Residential Complexes | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Contracts/Agreements | In May, the company signed franchising agreement for the light rail’s Green Line in Gush Dan. |
| 2021 | Contracts/Agreements | In December, the company's Electra entered into an agreement to sell 25.5% stake in Ma’ale Gilboa storage facility to Generation Capital Infrastructure and Energy Fund . |
| 2021 | Contracts/Agreements | In November, the company signed a partnership with Solaredge in Israel. |
Competitor Comparison
| Key Parameters | Elco Ltd | Israel Corporation Ltd | Shapir Engineering and Industry Ltd | AFCON Holdings Ltd | Kardan Israel Ltd |
|---|---|---|---|---|---|
| Headquarters | Israel | Israel | Israel | Israel | Israel |
| City | Tel Aviv-Yafo | Tel Aviv | Petah Tikva | Petah Tikva | Tel Aviv-Yafo |
| State/Province | - | Tel Aviv | - | - | - |
| No. of Employees | 14,999 | 13 | 3,264 | 1,277 | 108 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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