Delta Galil sales zoom 40% in Q4 of 2012

Operating cash flow increased to $32.7 million for the 2012 fourth quarter and $72.9 million for the full year, up from $21.1 million and $36.3 million for the respective 2011 periods.

EBITDA rose by 66% to $24.1 million in the 2012 fourth quarter from $14.5 million in the same period of 2011. For the full year 2012, EBITDA grew by 26% to $64.8 million, from $51.5 million in 2011.

Equity on December 31, 2012 was a record $277.8 million, or 50% of the total balance sheet, compared to $217.2 million, or 49% of the balance sheet a year earlier.

Delta Galil declared a dividend of $2.5 million, or $0.1034 per share, to be distributed on March 12, 2013. The determining and "ex-dividend" date will be February 27, 2013. This brings total dividend declared for 2012 to $8.5 million or $0.3566 per share.

Strong Outlook for 2013

Delta Galil increasing its financial guidance for 2013, calling for higher EBIT and net profit than originally estimated, the following forecast excludes the effect of any one-time items, net of tax:

· Full-year 2013 sales are estimated to range from $910 million to $920 million, which would constitute an average increase of 12% compared to 2012 actual.

· Full-year 2013 EBIT is estimated to range between $57 million and $62 million, which would constitute an average increase of 17% compared to 2012 actual.

· Full-year 2013 net profit is estimated to range between $38 million and $40 million, which would constitute an average increase of 15% compared to 2012 actual.

· Full-year 2013 diluted EPS is estimated to range between $1.51 and $1.59, which would constitute an average increase of 13% compared to the 2012 actual.

Delta Galil Industries, Ltd