Icl (ICL) has released an update.
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ICL Group Ltd. has reported a second quarter revenue of $1.75 billion, a decrease from the previous year, alongside operating income of $211 million and adjusted EBITDA of $377 million. Despite geopolitical uncertainties and softer markets, the company experienced its third consecutive quarter of sequential growth, driven by specialties businesses, which led to raised full-year EBITDA guidance. ICL remains cautious about short-term market expectations but continues to innovate and improve cost efficiencies.
For further insights into ICL stock, check out TipRanks’ Stock Analysis page.
