Ackerstein Group
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Aug 27, 2026
15:00Globes

Business
Not just weak reports: Ackerstein Group shares are crashing. Here is the reason
The construction materials and income-producing real estate company reported a drop of over 85% in profit during the quarter, following a decrease in revenues and an increase in transportation and management expenses. Simultaneously with the publication of the reports, Ackerstein announced the departure of CEO Amit Lang, less than a year after he was appointed to the position.
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