Workflow
ICL(ICL)
icon
Search documents
ICL(ICL) - 2021 Q3 - Earnings Call Presentation
2021-11-22 11:44
Third Quarter 2021 Financial Results Raviv Zoller President and CEO November 4, 2021 Important legal notes Disclaimer and safe harbor for forward-looking statements The information contained herein in this presentation or delivered or to be delivered to you during this presentation does not constitute an offer, expressed or implied, or a recommendation to do any transaction in ICL Group Ltd. (ICL Group or company) securities or in any securities of its affiliates or subsidiaries. This presentation and/or ot ...
ICL(ICL) - 2021 Q3 - Earnings Call Transcript
2021-11-06 18:26
ICL Group Ltd (NYSE:ICL) Q3 2021 Earnings Conference Call November 4, 2021 8:30 AM ET Company Participants Peggy Reilly Tharp - VP, Global Investor Relations Raviv Zoller - President & CEO Kobi Altman - CFO Conference Call Participants Alexander Jones - BofA Securities Alex Chen - BMO Capital Markets Mubasher Chaudhry - Citigroup William Tang - Morgan Stanley Anne-Mette De Place Filippini - Burgundy Asset Management Geoffrey Haire - UBS Operator Ladies and gentlemen, thank you for standing by and welcome to ...
ICL(ICL) - 2021 Q2 - Earnings Call Presentation
2021-07-30 14:56
Second Quarter 2021 Financial Results Raviv Zoller President and CEO July 28, 2021 Important legal notes Disclaimer and safe harbor for forward-looking statements The information contained herein in this presentation or delivered or to be delivered to you during this presentation does not constitute an offer, expressed or implied, or a recommendation to do any transaction in ICL Group Ltd. (ICL Group or company) securities or in any securities of its affiliates or subsidiaries. This presentation and/or othe ...
ICL(ICL) - 2021 Q2 - Earnings Call Transcript
2021-07-28 18:37
Financial Data and Key Metrics Changes - The company reported sales of $1.6 billion in Q2 2021, up more than 30% year-over-year, with adjusted EBITDA of $351 million, an increase of over 40% compared to the prior year [11][12] - Operating cash flow was $242 million, up $65 million year-over-year, and free cash flow reached $94 million, up more than 350% [12][26] - The net debt-to-EBITDA ratio improved to 2.1x from 2.4x in the previous quarter [27] Business Line Data and Key Metrics Changes - Industrial Products achieved record quarterly sales of $410 million, up 44% year-over-year, with record EBITDA of $128 million, an increase of 45% [13] - Potash sales were $412 million, up 21% year-over-year, with EBITDA of $85 million, up 6% [17] - Phosphate Solutions reported sales of $623 million, up more than 40% year-over-year, with EBITDA of $134 million, an increase of nearly 125% [19] - Innovative Ag Solutions saw total sales of $237 million, up 20% year-over-year, with record EBITDA of $27 million [21] Market Data and Key Metrics Changes - The company noted strong demand across all markets, particularly in bromine and phosphorus-based products, driven by various end markets including electronics and automotive [13][14] - The potash market remained positive with prices increasing across all key markets, benefiting from strong global demand [17] - Phosphate prices continued to improve, with significant growth in the white phosphoric acid business, especially in South America [20] Company Strategy and Development Direction - The company aims to expand its specialty businesses while leveraging commodity price increases, focusing on long-term growth and sustainability [23] - The acquisition of Compass Minerals' South American Plant Nutrition business is expected to enhance the company's leadership in specialty plant nutrition and provide seasonal balance between hemispheres [22] - The company is committed to achieving its 2025 goals in sustainable agriculture, food, and industrial solutions through expansion and innovation [23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving strategic goals, citing strong results driven by specialty businesses and commodity price increases [6][11] - The company anticipates continued strength in all business segments, with a focus on value over volume in Industrial Products [23] - Management acknowledged challenges from higher input and logistics costs but remains optimistic about future profitability [14][29] Other Important Information - The company is adopting frameworks for climate-related risk disclosure and aims to become carbon neutral by 2050 [31] - The company reaffirmed its investment-grade credit ratings, highlighting strong business profiles and liquidity [28] Q&A Session Summary Question: Potash price assumptions in guidance - Management indicated that the realized price for Q3 is expected to be about $297 compared to $251 in Q2 [36] Question: Cost side issues in potash - Management noted that higher freight and energy costs were the main contributors to increased costs, with no other significant issues [36] Question: Pricing benefits from the Chinese market - Management clarified that 90% of their business is based on compounds, so any normalization in the Chinese market would have minimal impact on results [37] Question: Raw material costs and volume impact - Management confirmed that raw material issues mainly affected the phosphate and Industrial Products divisions, but they have managed to pass on cost increases to customers [39][40] Question: Contribution from Compass Minerals - Management modeled a $45 million adjusted EBITDA contribution from Compass for the second half of the year [42] Question: ESG targets and management compensation - Management confirmed that ESG targets are linked to management compensation, with specific KPIs included in the bonus structure [42] Question: Potash inventory strategy - Management stated they do not intend to hold inventory due to attractive pricing and excess demand [49] Question: Phosphate market outlook - Management expressed uncertainty about peak pricing but noted that prices are currently high and demand remains strong [52] Question: Capacity curtailment due to raw materials - Management estimated a missed opportunity in sales of around $40 million due to raw material constraints [51] Question: Production and profitability of polysulphate - Management reported a loss in the polysulphate business but is optimistic about ramping up production and improving pricing [48]
Icl Group (ICL) Presents At 16th Annual Farm to Market Virtual Conference - Slideshow
2021-05-21 14:05
ICL Investor Overview BMO 16th Annual Farm to Market Conference R a v i v Z o l l e r President and CEO May 19, 2021 | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...
ICL(ICL) - 2021 Q1 - Earnings Call Transcript
2021-05-10 18:28
ICL Group Ltd (NYSE:ICL) Q1 2021 Earnings Conference Call May 6, 2021 8:30 AM ET Company Participants Peggy Reilly Tharp – Vice President of Global Investor Relations Raviv Zoller – Chief Executive Officer Kobi Altman – Chief Financial Officer Conference Call Participants Alexander Jones of Bank – America Tom Wrigglesworth – Citi Bria Murphy – BMO Capital Markets John Rider – Stephens, Inc. Anne De Place – Burgundy Operator Ladies and gentlemen, thank you for standing by, and welcome to the ICL Analysts Con ...
ICL(ICL) - 2021 Q1 - Earnings Call Presentation
2021-05-06 15:08
First Quarter 2021 Financial Results R a v i v Z o l l e r President and CEO May 6, 2021 Important legal notes Disclaimer and safe harbor for forward-looking statements The information contained herein in this presentation or delivered or to be delivered to you during this presentation does not constitute an offer, expressed or implied, or a recommendation to do any transaction in ICL Group Ltd. (ICL Group or company) securities or in any securities of its affiliates or subsidiaries. This presentation and/o ...
ICL(ICL) - 2020 Q4 - Annual Report
2021-03-02 11:03
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | | FORM 20-F | | --- | --- | | (Mark One) ☐ | REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 | | | OR | | ☒ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | | For the fiscal year ended December 31, 2020 | | | OR | | ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | | OR | | ☐ | SHELL COMPANY REPORT PU ...
ICL(ICL) - 2020 Q4 - Earnings Call Transcript
2021-02-11 17:44
ICL Group Ltd (NYSE:ICL) Q4 2020 Results Earnings Conference Call February 11, 2021 8:30 AM ET Company Participants Peggy Reilly Tharp - Vice President, Global Investor Relations Raviv Zoller - Chief Executive Officer Kobi Altman - Chief Financial Officer Conference Call Participants Joel Jackson - BMO Capital Markets Tom Wrigglesworth - Citi Mark Connelly - Stephens Alexander Jones - Bank of America Operator Ladies and gentlemen, thank you for standing by. And welcome to the ICL Analysts Conference Call. O ...
ICL(ICL) - 2020 Q4 - Earnings Call Presentation
2021-02-11 09:05
| --- | --- | --- | --- | --- | --- | --- | |-------|-------------------------------------------------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fourth Quarter 2020 Results | | | | | | | | Raviv Zoller, President & CEO February 11, 2021 | | | | | | | | | | | | | | Important Legal Notes Disclaimer and safe harbor for forward-looking statements The information contained herein in this presentation or delivered o ...