Icl Group Ltd. Stock Price, News & Analysis

ICL, a global leader in specialty minerals, announces that CFO Aviram Lahav will present at BMO’s 2022 Global Farm to Market Conference at 8:45 a.m. ET on May 19, 2022. The event will be streamed live with a replay available at investors.icl-group.com.

ICL's 2021 revenues were approximately $7 billion, and it employs over 12,000 people worldwide, focusing on sustainable solutions in agriculture and industry.

ICL (NYSE: ICL, TASE: ICL), a global specialty minerals leader, has been recognized as a top 25 finalist for the St. Louis Business Journal’s 2022 Corporate Philanthropy and Innovation in Philanthropy Awards. This recognition highlights ICL's charitable efforts in 2021, including significant donations to the St. Louis Area Foodbank and St. Jude Children’s Research Hospital. ICL's commitment to sustainability and community support is emphasized by its involvement in local volunteering initiatives.

ICL reported first-quarter results for 2022, showcasing remarkable growth. Consolidated sales surged to $2,525 million, up 67% year-over-year. Operating income increased by 388% to $902 million, while net income reached $632 million, a 368% rise. Adjusted EBITDA of $1,002 million was up 232%. Strong performance stemmed from increased demand and higher prices across markets, despite supply chain challenges. ICL raised its full-year adjusted EBITDA forecast to a range of $3,500 million to $3,750 million.

ICL (NYSE: ICL) announced the release date for its first quarter 2022 financial results, set for May 11, 2022, before the TASE market opens. The company's president and CEO, Raviv Zoller, along with CFO Aviram Lahav, will lead a conference call at 8:30 AM EDT to discuss results and provide a business update. ICL reported revenues of approximately $7 billion in 2021 and is committed to addressing sustainability challenges in food, agriculture, and industrial markets.

ICL has published its inaugural Task Force on Climate-related Financial Disclosures (TCFD) report, marking a significant commitment to transparency and sustainability. The report aligns with TCFD recommendations across governance, strategy, risk management, and metrics. CFO Aviram Lahav emphasized the company's proactive role in the global transition to a low-carbon economy and its determination to manage climate-related risks and opportunities. The company reported 2021 revenues of approximately $7 billion.

ICL has filed its annual report on Form 20-F for the fiscal year ending December 31, 2021. The report, detailing the company's performance, can be accessed via the SEC website or ICL's official site. In 2021, ICL achieved approximately $7 billion in revenues, showcasing its role as a leading global specialty minerals company. The company focuses on sustainable solutions in food, agriculture, and industrial sectors, employing over 12,000 people globally.

ICL (NYSE: ICL) announces a partnership with Plantible Foods, focusing on innovative alternative protein products derived from lemna. This collaboration includes a multi-million-dollar supply agreement covering the U.S., Europe, Brazil, and Israel. This strategic move capitalizes on the growing alternative protein market, projected to reach $290 billion by 2035. ICL's investment follows its previous partnership with Protera and aligns with its goal to accelerate the development of sustainable food solutions.

ICL reported impressive Q4 2021 results, with consolidated sales reaching $2,038 million, a 55% year-over-year increase. Operating income soared 232% to $461 million, while net income surged 335% to $283 million. For the full year, sales totaled $6,955 million, up 38%. The company anticipates its 2022 adjusted EBITDA between $1,850 million and $2,050 million, supported by strategic specialty business growth. A dividend of 13.18 cents per share, totaling approximately $169 million, is set for payment on March 8, 2022.