Specialty minerals firm ICL's Q3 sales rise on improved potash pricing

Reuters
2025/11/12
Specialty minerals firm ICL's Q3 sales rise on improved potash pricing 

Overview

  • ICL Q3 2025 sales rise to $1.9 bln, up $100 mln year-over-year

  • Adjusted EBITDA for Q3 2025 increases 4% to $398 mln

  • Company discontinues battery material projects amid market changes

Outlook

  • ICL reiterates full-year 2025 specialties-driven EBITDA guidance of $0.95 bln to $1.15 bln

  • ICL expects 2025 Potash sales volumes between 4.3 mln and 4.5 mln metric tons

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

Result Drivers

  • SPECIALTY BUSINESSES - Sales growth led by Industrial Products, Phosphate Solutions, and Growing Solutions

  • POTASH PRICING - Improved potash pricing drove sales increase

  • GROWTH ENGINES - Specialty crop nutrition and food solutions identified as main growth drivers

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Sales

$1.85 bln

Q3 Adjusted EBITDA

$398 mln

Q3 Gross Margin

33.00%

Q3 Adjusted EBITDA Margin

21.00%

Q3 EBIT

$230 mln

Q3 EBIT Margin

12.00%

Q3 Gross Profit

$604 mln

Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

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

  • Wall Street's median 12-month price target for ICL Group Ltd is $6.38, about 11.2% above its November 11 closing price of $5.66

  • The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nBwzwwlra

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

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