Icl Group Ltd. Stock Price, News & Analysis

ICL Group will announce its Q3 2020 financial results on November 12, 2020, prior to the TASE market opening. The announcement will be followed by a conference call hosted by President & CEO Raviv Zoller and CFO Kobi Altman at 8:30 AM EST. Interested participants can join via toll-free numbers or through a WebEx link. ICL operates in the specialty minerals and chemicals sector, employing over 11,000 people and reporting $5.3 billion in revenues for 2019. More details can be found on their official website.

ICL Group Ltd (NYSE: ICL) announced its participation in the Credit Suisse 33rd Annual Basic Materials Conference. CFO Kobi Altman will present on September 17, 2020, at 11:45 AM EDT. Virtual one-on-one meetings will also occur on September 16. Additionally, Altman will engage in a Fireside chat with UBS on September 24 at 08:00 AM EDT. Investors can access the webcasts on ICL's website. ICL's 2020 Virtual Investor Day is scheduled for September 23 at 08:30 AM EDT. The company generated approximately $5.3 billion in revenue in 2019.

ICL Group Ltd (NYSE: ICL) announced a virtual Investor Day on September 23, 2020, at 8:30 AM Eastern Time. The event will feature presentations by President and CEO Raviv Zoller and senior management, outlining ICL's unique business model, strategic growth plan, and financial targets for 2025. ICL focuses on innovative technologies and addressing significant market trends. Registrations can be made through their website, and a replay will be available afterward.

ICL Group Ltd (NYSE: ICL) has released its 2019 Corporate Responsibility Report, detailing its sustainability goals and achievements. The report emphasizes ICL's commitment to addressing global challenges like climate change and community health by setting a sustainability vision for 2030. It outlines various aspects of the company's operations, including performance metrics in ESG areas. ICL's contributions during the COVID-19 pandemic and its intent to promote diversity and economic development are also highlighted. The interactive report is accessible online, featuring over 145 topic-specific pages.

ICL reported its Q2 2020 financial results, revealing sales of $1.20 billion, down 16% from Q2 2019, mainly due to low commodity prices and decreased demand linked to COVID-19. The company faced an operating loss of $169 million, attributed largely to non-cash charges of $297 million from efficiency initiatives including workforce reductions. Adjusted EBITDA was $246 million, a 28% decrease year-over-year. Despite challenges, ICL achieved record potash production at the Dead Sea. A quarterly dividend of $36 million was declared, demonstrating a balanced capital approach.

ICL Group Ltd (NYSE: ICL) has been awarded the 'Platinum+' ranking by Maala for the second consecutive year, highlighting its commitment to corporate responsibility. The Maala ranking evaluates companies based on sustainability practices in areas such as environmental protection and diversity. ICL's retention of this ranking is attributed to its focus on employee diversity, safety performance, and environmental targets. CEO Raviv Zoller emphasized the company's dedication to ESG practices and transparency as part of its sustainability vision for 2030.

ICL Group Ltd (NYSE: ICL) announced its participation in the Jefferies Virtual Industrial Conference on August 5, 2020, at 10:20 AM EDT. ICL's CFO, Kobi Altman, will present, followed by virtual one-on-one meetings with investors. Interested parties can contact ICL's IR team for participation.

ICL is a global leader in specialty minerals and chemicals, with 2019 revenues of approximately $5.3 billion and over 11,000 employees globally. More details are available on their website.

ICL Group Ltd (NYSE: ICL) has been included in the FTSE4Good Index Series, which recognizes companies with strong environmental, social, and governance (ESG) practices. This independent validation highlights ICL's commitment to enhancing its ESG efforts and transparency. CEO Raviv Zoller emphasized that the recognition aligns with ICL's leadership role in addressing UN sustainability development goals. The company has also received accolades from notable organizations, including Bloomberg and EcoVadis, reflecting its dedication to sustainability and responsible governance.

ICL Group Ltd (NYSE: ICL) has announced strategic agreements to enhance the global distribution of Polysulphate, a certified organic fertilizer. A 5-year deal with a Ukrainian distributor will see 350,000 tonnes distributed, contributing to a total of 1.1 million tonnes contracted through multiple agreements. These include partnerships with distributors in Poland, China, and Spain, underscoring ICL's growth in Polysulphate sales, which have increased by 50% over the past three years. The company aims to hit a production run-rate of 1 million tonnes by the end of 2020.