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Caesarstone Ltd
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Updated Nov 3, 2026
Caesarstone files amended 6-K proxy for Nov 25 AGM, substituting Dr. Halperin for withdrawn nominee Ben Horin.
This Form 6-K is a procedural governance filing: Caesarstone amended its 2026 Annual General Meeting proxy solely to substitute Dr. Ariel Halperin's re-election for the previously nominated Aviv Ben Horin, who withdrew his candidacy following a shareholder request under Israeli Companies Law. The filing contains no operational results, forward guidance, or market commentary — all substantive business disclosures remain governed by the FY2025 20-F filed March 4, 2026. The document's investment-relevant content is limited to board composition, a revised compensation policy permitting equity in lieu of cash for special bonuses, and an increase in ISO share reserves from 3.5 million to 5.5 million shares, the latter explicitly disclosed as necessary because 'a substantial majority of the stock options currently outstanding under the Plan are significantly underwater.'
Tone: neutralRevenue
$397.2M
CSTE 20-F · FY 2025
Revenue FY2024
$443.2M
Founded
1987
Headquarters
Kibbutz Sdot-Yam, MP Menashe, Israel
Profile
CSTE 20-F Item 4.B · Mar 4, 2026Caesarstone Ltd. is an Israel-headquartered global designer, producer, and reseller of premium engineered stone, natural stone, and porcelain surfaces sold primarily as countertops in residential and commercial buildings across approximately 60 countries. The company operates through direct subsidiaries in the United States, Australia, Canada, the U.K., Sweden, India, Singapore, and Germany, and through independent distributors elsewhere. Having closed all its engineered stone manufacturing facilities in Israel and the U.S., the company now sources engineered stone exclusively from third-party Production Business Partners and manufactures porcelain in-house at its facility in Morbi, Gujarat, India.
Read filing description ↓ Collapse description ↑
We are a multi material designer, producer and reseller of countertops used in residential and commercial buildings globally. We design, develop produce and source engineered stone, natural stone and porcelain products that offer aesthetic appeal and functionality through a distinct variety of colors, styles, textures, and finishes used primarily as countertops surfaces, vanities, and other interior and exterior spaces. Our products are currently sold in approximately 60 countries through a combination of direct sales in certain markets performed by our subsidiaries and indirectly through a network of independent distributors in other markets. Our four largest markets based on sales are currently the United States, Australia (including New Zealand), Canada and Israel. In 2025, sales of our products in these markets accounted for 47.0%, 17.0%, 13.1% and 4.9% of our revenues, respectively. Following the closure of our engineered stone production facilities we have shifted to produce products using PBPs located in the Far East, India, the Middle East and Europe. During 2025, approximately 73% of our total engineered stone sourcing was manufactured by PBPs, and this trend is expected to significantly increase during 2026 to include all of our engineered stone products. Our porcelain products are manufactured at our in-house manufacturing facility located in Morbi, Gujarat in India and by our third party PBP partners. We also sell natural stone, sinks and various ancillary fabrication tools and materials. In 2024, Caesarstone began transitioning its current portfolio to an alternative blend of materials, introducing crystalline silica-free surfaces made from approximately 80% recycled materials, launched globally under the sub-brand Caesarstone ICON.
Primary products
- Engineered stone surfaces (quartz-based countertops)
- Porcelain slabs
- Natural stone
- Classico collection
- Supernatural collection
- Metropolitan collection
End markets
Geographies
“We believe that we compete principally based upon product quality, breadth of colors and designs offering and innovation, brand awareness and position, pricing and customer service.” Competitive position, as stated in the filing
Revenue commentary · FY 2025
Revenue declined from $443.2 million in 2024 to $397.2 million in 2025; on a constant-currency basis, 2025 revenue was lower by 10.5% year-over-year, mainly due to lower volume resulting from competitive pressures, macroeconomic headwinds including higher tariffs and inflation, and lower average selling prices.
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