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ICL Expands in China With New Food Specialty Plant to Drive Innovation
ZACKS· 2024-09-25 16:15
ICL Group Ltd (ICL) announced the opening of a new food specialty plant in China. This facility aims to enhance customer partnerships by developing innovative food products tailored to Chinese consumers' tastes. Located in the bustling Zhangjiagang Free Trade Zone in Greater Shanghai, the plant will produce specialty food solutions, including texturants and marinades, focusing on the meat, poultry and seafood sectors. ICL aims to leverage its new facility to strengthen relationships with existing customers ...
ICL Group & AMP Holdings Sign $170M Fertilizer Agreement in China
ZACKS· 2024-08-30 17:06
ICL Group Ltd (ICL) , a leading global specialty minerals company, recently announced the signing of a fiveyear agreement with AMP Holdings Group Co. Ltd., one of China's leading agricultural distribution companies. Valued at nearly $170 million, this agreement will run until 2028 and aligns with ICL's goal of expanding its Growing Solutions product offerings. This will position its business for further growth in key end markets. The agreement focuses on specialty water-soluble fertilizers, which are primar ...
ICL Group's (ICL) Earnings and Revenues Beat Estimates in Q2
ZACKS· 2024-08-16 16:40
ICL Group Ltd (ICL) recorded profits of $115 million or 9 cents per share in second-quarter 2024, down from $163 million or 13 cents in the year-ago quarter. Barring one-time items, adjusted earnings per share were 10 cents. The bottom line beat the Zacks Consensus Estimate of 9 cents. Sales fell around 6% yearly to $1,752 million in the quarter. The figure beat the Zacks Consensus Estimate of $1,733.2 million. Segment Highlights Sales in the Industrial Products segment rose 5% year over year to $315 millio ...
ICL(ICL) - 2024 Q2 - Earnings Call Presentation
2024-08-14 15:38
Second Quarter 2024 Financial Results Raviv Zoller | President and CEO August 14, 2024 | --- | --- ...
ICL(ICL) - 2024 Q2 - Earnings Call Transcript
2024-08-14 15:36
ICL Group Ltd (NYSE:ICL) Q2 2024 Earnings Conference Call August 14, 2024 8:30 AM ET Company Participants Peggy Reilly Tharp - VP-Global IR Raviv Zoller – CEO Aviram Lahav - CFO Conference Call Participants Ben Theurer – Barclays Joel Jackson - BMO Capital Lisa De Neve - Morgan Stanley Erica Eve – Unknown Company Operator Ladies and gentlemen, thank you for standing by, and welcome to the ICL Analyst Conference Call. Our presentation today will be followed by a question-and-answer session. [Operator Instruc ...
ICL Group (ICL) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-14 12:05
ICL Group (ICL) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 11.11%. A quarter ago, it was expected that this potash and fertilizer producer would post earnings of $0.08 per share when it actually produced earnings of $0.09, delivering a surprise of 12.50%. Over the last four quart ...
Earnings Preview: ICL Group (ICL) Q2 Earnings Expected to Decline
ZACKS· 2024-08-07 15:06
The market expects ICL Group (ICL) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Au ...
ICL and Lavie Bio Leverage Artificial Intelligence to Make Significant Advancement in Development of Yield Increasing Bio-Stimulants
Prnewswire· 2024-07-17 12:00
This success paves the way for field trials in both the U.S. and Brazil in the second half of 2024, with results available by year-end. Lavie Bio will continue to leverage AI to drive product development and optimization, while ICL will guide the development and lead the way to product commercialization. The parties aim to start the regulatory process in 2026, just three years from program initiation. Recent research underscores the economic impact of climate change on global row crops, with extreme weather ...
ICL Group: It's Gotten Too Cheap, Potential For Growth
Seeking Alpha· 2024-07-08 01:05
sanjeri Investment Thesis Shares of ICL Group (NYSE:ICL) have gotten cheap enough for investors to look into buying, in my opinion. At around $4, the stock has priced in worst-case scenarios while leaving the upside for grabs. I believe the company is trading near a cyclical bottom as fertilizers trade at very historically cheap levels. Therefore, I think the longterm upside for ICL Group is attractive and recommend investors look into buying this chemical and fertilizer company at a pretty cheap valuation ...
Israel Corp. Reports Results for First Quarter of 2024
Prnewswire· 2024-05-30 17:32
TEL AVIV, Israel , May 30, 2024 /PRNewswire/ -- Israel Corporation Ltd. (TASE: ILCO) ("ILCO") announced today its first quarter results for the period ending March 31, 2024. Selected Financial Figures for the First Quarter 2024: $m Q1/24Q1/23 ILCO share in ICL profit[1] 48 123 Amortization of excess cost (1) (1) Financing, G&A and other expenses at ILCO headquarter level(1) (5) Tax income of ILCO Headquarters 16 - Net profit to company's shareholders 62 117 ILCO Total Assets, Net $m 31/03/2024 Assets ICL (~ ...