ICL Group Q4 2024 Earnings Report

ICL Group reported revenue and net income declines for Q4 2024 amid challenging market conditions.

Key Takeaways

ICL Group reported Q4 2024 revenue of $1.601 billion and net income of $70 million. Adjusted EBITDA for the quarter was $347 million. The Potash segment saw a decline in sales revenue, while Industrial Products performed well due to improved operational efficiencies.

Reported Q4 2024 revenue of $1.601 billion, down from $1.690 billion in Q4 2023.

Net income for the quarter was $70 million, up from $67 million in Q4 2023.

Adjusted diluted EPS was $0.08 compared to $0.10 in Q4 2023.

Adjusted EBITDA for the quarter was $347 million, down from $357 million in Q4 2023.

Total Revenue

$1.6B

Previous year: $1.69B

-5.3%

EPS

$0.08

Previous year: $0.1

-20.0%

Dividend Per Share

$0.0403

Adjusted EBITDA Margin

22%

Gross Profit

$535M

Cash and Equivalents

$327M

Free Cash Flow

$185M

Total Assets

$11.3B

ICL Group Revenue

ICL Group EPS

ICL Group Revenue by Segment

ICL Group Revenue by Geographic Location

Forward Guidance

ICL expects improvements in market conditions for 2025, driven by strategic initiatives across its specialty segments.

Positive Outlook

Focus on operational efficiencies in potash production.
Expansion in specialty products including phosphate solutions.
Cost savings initiatives across key markets.
Increased potash sales expected in India and Europe.
New global partnerships to drive revenue growth.

Challenges Ahead

Continued softness in potash pricing.
Impact of inflation on operating expenses.
Volatile geopolitical environment affecting supply chains.
Lower revenue contributions from Brazil.
Potential disruptions in key markets due to macroeconomic factors.

Revenue & Expenses

Visualization of income flow from segment revenue to net income