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ICL Group Reports Strong 2024 Financial Results Amid Market Challenges

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ICL Group Reports Strong 2024 Financial Results Amid Market Challenges

Icl ( (ICL) ) has shared an update.

ICL Group Ltd. reported its financial results for the fourth quarter of 2024, highlighting annual sales of $6,841 million and an adjusted EBITDA of $1,469 million, with a margin of 21%. Despite challenges in the potash market, the company achieved an 8% year-over-year increase in specialties-driven EBITDA, which accounted for 70% of total EBITDA. The company also managed to expand strategic partnerships and launch new products, while maintaining strong cash generation and a dividend yield of 3.8%. The report indicates that ICL has successfully contained disruptions related to regional conflicts and anticipates smoother operations ahead.

More about Icl

ICL Group Ltd. operates in the chemical and mineral industry, focusing on the production of fertilizers, industrial products, and performance products. The company is known for its specialties-driven businesses, which include Industrial Products, Phosphate Solutions, and Growing Solutions, and it maintains a significant market presence worldwide.

YTD Price Performance: 22.98%

Average Trading Volume: 789,308

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $7.87B

See more insights into ICL stock on TipRanks’ Stock Analysis page.

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