Overview

• Specialty minerals firm's Q4 revenue rose 6% yr/yr

• Adjusted EBITDA for Q4 increased 10% yr/yr

• Company acquired Bartek Ingredients and reviewed non-core assets

Outlook

• ICL expects 2026 adjusted EBITDA between $1.4 bln and $1.6 bln

• Company projects 2026 potash sales volumes between 4.5 mln and 4.7 mln metric tons

• ICL plans to focus on specialty crop nutrition and food solutions for growth

Result Drivers

• STRATEGIC ADJUSTMENTS - ICL incurred $239 mln in adjustments related to strategic changes, including discontinuing LFP battery projects and efficiency improvements

• POTASH PRICE INCREASE - Potash prices rose 22% yr/yr, positively impacting operating income despite lower sales volumes due to adverse weather

• PHOSPHATE PRICES - Higher selling prices of phosphate fertilizers and salts positively impacted operating income, despite higher raw material costs

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the agricultural chemicals peer group is "hold"

• Wall Street's median 12-month price target for ICL Group Ltd is $6.08, about 5.1% above its February 17 closing price of $5.78

• The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nBw697y2Sa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)