Business
ICL Reports Fourth Quarter and Full Year 2024 Results
TEL AVIV, Israel & ST. LOUIS, February 26, 2025--ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today reported its financial results for the fourth quarter and full year ended December 31, 2024. Consolidated annual sales were $6,841 million versus $7,536 million in 2023. Net income was $407 million versus $647 million, while adjusted net income was $484 million versus $715 million in 2023. Annual adjusted EBITDA was $1,469 million versus $1,754 million in 2023. Diluted
About this update from Icl Group Ltd.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":223,"url":"https://media.zenfs.com/en/business-wire.com/a56dfe7170c3a5523c2cd7f7942cad48"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/CtKbXfG7FObS4zpb8jw1vQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ0NjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/a56dfe7170c3a5523c2cd7f7942cad48","width":480,"height":223}},"lazy":false},{"type":"text","content":"Delivers annual sales of $6,841 million, adjusted EBITDA of $1,469 million and earnings per share of $0.38","length":106,"tagName":"p","attribs":{}},{"type":"text","content":"Specialties-driven EBITDA reaches 70% of total adjusted EBITDA for the year and 73% in the fourth quarter","length":105,"tagName":"p","attribs":{}},{"type":"text","content":"TEL AVIV, Israel & ST. LOUIS, February 26, 2025--(BUSINESS WIRE)--ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today reported its financial results for the fourth quarter and full year ended December 31, 2024. Consolidated annual sales were $6,841 million versus $7,536 million in 2023. Net income was $407 million versus $647 million, while adjusted net income was $484 million versus $715 million in 2023. Annual adjusted EBITDA was $1,469 million versus $1,754 million in 2023. Diluted earnings per share for 2024 were $0.32, while adjusted diluted EPS was $0.38. Operating cash flow was $1,468 million in 2024, similar to adjusted EBITDA, while free cash flow was $758 million. For 2024, the Company distributed $242 million in dividends to its shareholders.","length":795,"tagName":"p"},{"type":"text","content":"For the fourth quarter of 2024, consolidated sales were $1,601 million versus $1,690 million in the fourth quarter of 2023. Net income and adjusted net income for the fourth quarter of 2024 were $70 million and $104 million, respectively, versus $67 million and $123 million, respectively, for the fourth quarter of 2023. Adjusted EBITDA in the fourth quarter was $347 million versus $357 million in the fourth quarter of 2023. Fourth quarter diluted earnings per share were $0.06, with adjusted diluted EPS of $0.08, versus $0.05 and $0.10, respectively in the fourth quarter of 2023. Operating cash flow was $452 million in the fourth quarter of 2024, similar to...