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FAQs

What kind of a company is Scope?
   
What is a metal distribution center?
   
What is the growth strategy of Scope?
   
When was the initial public offering of Scope?
   
What year was Scope incorporated?
   
On which stock exchange is Scope's stock traded?
   
How do I buy stock in Scope?
   
Does Scope offer a direct stock purchase plan?
   
Does Scope pay a dividend?
   
Does the company have a dividend reinvestment program (DRIP)?
   
What percentage of Scope's stock does the Shiloh family own?
   
How can I obtain a copy of the financial statements?
   
Who are Scope's independent auditors?
   
Where can I find historical financial information?
    
What is Scope's fiscal year?
   
Where are Scope's headquarters located?
   
What kind of a company is "Cotserv"?
     
 


     
     
What kind of a company is Scope?
   

Scope was established in 1980 in Israel. Over the years, Scope grew to become one of the largest metal and engineered plastics distribution centers in Israel and the Eastern Mediterranean. The Company provides value-added metal processing services and markets a comprehensive line of more than 80,000 products. The Company specializes in stainless steel, aluminum, carbon and special steel alloys, nickel alloys, titanium, plastics, brass and copper. Scope has over 4,500 customers in Israel in a broad range of industries.

 



   
What is a distribution center for metals?
   

A distribution center for metals acquires products from primary metal producers and stockists, and processes them to meet particular customer specifications such as length, width, shape and surface characteristics. This represents considerable advantages to Scope customers. By buying from Scope, customers are able to save time, labor and expenses, and reduce overall manufacturing costs and inventory.

 



   
What is the growth strategy of Scope?
   

In the first decade of this century, Scope grew by acquiring small enterprises and than nurturing and developing them into the successful businesses that they are today. Over the next 10 years, Scope intends to continue its growth organically by leveraging its strategic locations and unrivelled product mix.

 



   
When was the initial public offering of Scope?
   

The initial public offering (IPO) was in 1992.

 



   
What year was Scope incorporated?
   

Scope was first incorporated in 1980.

 



   
On which stock exchange is Scope's stock traded?
     

The common stock of Scope is traded on the Tel Aviv Stock Exchange (TASE), stock no. 288019.

 



   
How do I buy stock in Scope?
   

Contact a brokerage firm or one of the e-commerce online stock purchase services to buy or sell shares of Scope.

 



   
Does Scope offer a direct stock purchase plan?
   
The company does not have a direct stock purchase plan for its shareholders.

 



   
Does Scope pay a dividend?
   

The Company periodically pays a cash dividend on its common stock.
For details regarding recent years' dividends click here

 



   
Does the company have a dividend reinvestment program (DRIP)?
   

No, Scope does not currently offer a DRIP for its shareholders.

 



   
What percentage of stock does the Shiloh family own?
   

The Shiloh family currently owns approx. 45% of the common stock.

 



   
How can I obtain a copy of the financial statements?
   

Summary financial statements  in English are available on this website in the financial statements section. The full version of these financial statements, as well as the Annual Report to Shareholders, are available in Hebrew. Scope publishes reviewed quarterly financial statements. The company also publishes a quarterly letter to shareholders.

 



   
Who are Scope's independent auditors?
   
Kost Forer Gabbary & Kasierer - member firm of Ernst & Young Global

 



   
Where can I find historical financial information?
   
For information in Hebrew, visit the Tel Aviv Stock Exchange website.
For information in English, please contact Scope's CFO:

Mr. Ilan Toledano
Tel: 972-8-8631000
e-mail: ilan_t@scope.co.il

 



   
What is Scope's fiscal year?
   

The first quarter ends 31 March, the second quarter on 30 June, the third quarter on 30 September and the final quarter on 31 December.

 



   
Where is Scope headquarters located?
   

Our headquarters is at the Re’em Industrial Park, Bne Ayish, Israel.

 



   
What kind of a company is "Cotserv"?
   
Cotserv the parent company of Scope. The Shiloh family holds approx. 45% of the company's shares via Cotserv.