ICL Group reports mixed Q1 results; reaffirms FY24 outlook

  • ICL Group press release (NYSE:ICL): Q1 Non-GAAP EPS of $0.09 in-line.
  • Revenue of $1.7B (-19.0% Y/Y) misses by $40M.
  • Adjusted EBITDA of $362 million.
  • The company reiterated its guidance for full year 2024, which calls for the specialties-driven segments adjusted EBITDA to be between $0.7 billion to $0.9 billion. For potash, the company continues to expect 2024 sales volumes to be between 4.6 million metric tons and 4.9 million metric tons.

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