ICL(ICL) - 2024 Q2 - Earnings Call Presentation

Financial Performance - Sales reached $1,752 million, marking the second consecutive quarter of improvement[3] - Adjusted EBITDA was $377 million, with a margin of 22%, increasing for the third consecutive quarter[3] - Adjusted diluted EPS was $0.10[3] - A quarterly dividend of approximately $0.05 per share was declared[3] Segment Performance - Specialties-driven segments (Industrial Products, Phosphate Solutions, and Growing Solutions) delivered their third consecutive quarter of growth and year-over-year improvement in EBITDA[3, 5] - Industrial Products EBITDA was $74 million with a 23% margin[8, 9, 56] - Potash EBITDA was $118 million with a 28% margin, compared to $213 million with a 37% margin in 2Q'23[14, 15, 16, 56] - Phosphate Solutions EBITDA was $146 million with a 26% margin[20, 21, 22, 57] - Growing Solutions EBITDA was $45 million with a 9% margin[26, 27, 57] Key Market Metrics - Average potash CIF price per ton was $300, down from $403 in 2Q'23 and $324 in 1Q'24[19] Guidance - The company raised its full-year 2024 guidance for Specialties-driven EBITDA to $0.8 billion - $1.0 billion, up from $0.7 billion - $0.9 billion[54]