Icl Group Ltd. · TASE:ICL
Icl — Investor Day (September 2020)
17 slides from Icl's investor day presentation, Sep 23, 2020
Slide 1: Crop Nutrition: Next Generation Fertilization
CROP NUTRITION NEXT GENERATION FERTILIZATION Eli Amon EVP, ICL Innovative Ag Solution September 23, 2020 1
Slide 2: Important Legal Notes
Important Legal Notes !"#$%&"'()*&+,*-&.(*/&)01)*.1)*21)3&),45116"+7*-8&8('(+8#! ! "#$! %&'()*+,(&! -(&.+%&$/! #$)$%&! %&! .#%0! 1)$0$&.+,(&! ()! /$2%3$)$/! ()! .(! 4$! /$2%3$)$/! .(! 5(6! /6)%&7! (6)! 1)$0$&.+,(&! /($0! &(.! -(&0,.6.$! +&! (8$)9! $:1)$00$/! ()! %*12%$/9! ()! +! )$-(**$&/+,(&!.(!/(!
Slide 3: Crop Nutrition - At a Glance
CROP NUTRITION - AT A GLANCE GLOBAL ~1,000 $2.7B EMPLOYEES SALES IN 2019 PRESENCE WORLDWIDE OUR CORE MARKETS TURF, SPECIALTY ORNAMENTAL COMMODITIES AG & LANDSCAPE STAPLES & OPEN FIELD FRUITS, VEGETABLES > NURSERY, PERENNIALS, CROPS & GREENHOUSE POT & BEDDING PLANTS > GOLF COURSES, SPORTS FIELDS & LA
Slide 4: Major Trends Driving Enhanced-Efficiency Fertilizers Growth
MAJOR TRENDS DRIVING ENHANCED-EFFICIENCY FERTILIZERS GROWTH The perfect storm positions ICL’s Ag businesses on a path for growth Shift towards Need for intensive higher quality food, food production food safety and sustainability European new fertilizers Larger scale & better regulation, NFR biodegr
Slide 5: Integrate Capabilities Facing the Agricultural Sector
INTEGRATE CAPABILITIES FACING THE Increase the ICL AGRICULTURAL SECTOR Brand awareness NEW CROP NUTRITION SET UP Optimization of sales and From a siloed organization structure to a marketing channels single unifed commercial front POTASH | PHOSPHATE | SPECIALTY FERTILIZERS Drive internal synergies b
Slide 6: Product Portfolio & Geographic Focus
PRODUCT PORTFOLIO & GEOGRAPHIC FOCUS Expandings by M&A and R&D (Organics, Bio-stimulants, Micronutrients, Nitrogen based products) Leveraging India’s & China’s fertigation trend for Water Soluble activities with local platforms Growth Rate: Develop Brazil’s CRF market with >7% local presence; 3 - 7%
Slide 7: ICL Strengths & Opportunities
ICL STRENGTHS & OPPORTUNITIES Unique vertical Broad range Global Reputation integration of products, footprint as a high to low cost, from with quality high quality commodity multiple company, P&K, Sole fertilizers production with best producer of to unique sites in class Polysulphate specialties te
Slide 8: Next Generation Fertilization
NEXT GENERATION FERTILIZATION INNOVATIVE SUSTAINABLE VALUE CREATION 8
Slide 9: Next Generation Fertilization
NEXT GENERATION FERTILIZATION Organic Bio stimulants Digital & Micronutrients Ag Innovation R&D M&A Distributers, Retailers & Cooperatives / / 9 Demand Generation at Farm Level / / Food Companies R2F
Slide 10: Broad Range of Products and Innovative Pipeline Addressing Sustainability Trends
ICL HAS A BROAD RANGE OF PRODUCTS AND INNOVATIVE PIPELINE ADDRESSING SUSTAINABILITY TRENDS NUE - More with less Organic Circular Economy Value for Food Chain Reduced Environmental Impact ORGANIC CRF POLYSULPHATE Controlled Release WSF RECYCLED P Polysulphate based Fertilizers Water Soluble Fertilize
Slide 11: By ICL
BY ICL 250 80 200 211 70 60 150 50 40 100 103 30 45 20 50 26 10 0 0 2019 2020 2025 480 ~700 ~1,300 2015 2019 Countries Customers POLYSULPHATE SALES VOLUMES (K TONNES) 11
Slide 12: By ICL
BY ICL value GRANULAR 50% Minis 5% STANDARD 45% NATURAL Upstream Downstream ORGANIC IVE EFFECT 12
Slide 13: Grow by Leadership in Enhanced-Efficiency Crop Nutrition
GROW BY LEADERSHIP IN ENHANCED-EFFICIENCY CROP NUTRITION Strengthen Global Cost Leadership Create Best-in-class innovative platform Grow Ag Businesses Growth Supported by: Increased demand for Organic fertilizers & Bio-stimulants Focus on growth markets M&A 13
Slide 14: ~$1,000M Growth Target by 2025, ~25% EBITDA
~ $1,000M GROWTH TARGET BY 2025 ~25% EBIDTA Agro Sales Increase 350 1,000 290 190 170 Potash Fertilizer Plus Specialty M&A Total (Spain & DSW) Products Products 14 Compared to the same period in 2019
Slide 15: Thank You!
Thank You! 15
Slide 16: Reconciliation Tables
Reconciliation Tables !"#$%&'()*+,'-#$.&%+ /012+ /013+ /014+ /015+ !"#$%"&'()*%(+,&-.($) /012) /013) /014) !""#$%&'()*+,'-$ ./01$ !"#$%& '('20& '(')*& '(+),& '(*'-& !"#$%& '(')*& '('+,& '('''& !"#$%& '()& !"#$%&*+&$,*$-."#%& '/0& ./$0"123&42567$& ++8& +98& *::& **-& -.$/"012&31456$& *7& '',& '8)& 12
Slide 17: Non-GAAP Financial Measures
Non-GAAP Financial Measures We disclose in presentations non-IFRS fnancial measures titled adjusted EBITDA, segment EBITDA, segment EBITDA margin and free cash fow. Our management uses such non-GAAP measures to facilitate operating performance comparisons from period to period and present free cash