Paz warns Israeli drivers about a long-awaited innovation
Paz, under the management of Nir Stern, summed up the results of the first quarter of 2026, recording strong financial results and presenting a large-scale strategic growth program. A key element of the new initiative…
Assessment
Paz is using strong quarterly earnings as a launchpad for a plan called Program 800, targeting 800 million shekels in annual net profit. Part of that strategy involves bringing back automatic car washes to its stations, a service that had largely disappeared despite customer interest. The company announced a dividend alongside the results, signaling confidence in its cash flow.