Icl Group Ltd. · TASE:ICL
Icl — Q1 2026 Earnings Presentation
45 slides from Icl's earnings presentation, May 13, 2026
Slide 1: Form 6-K - ICL Group Ltd.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of May 2026 Commission File Number: 001-13742 ICL GROUP LTD. (Exact name of registrant as specif
Slide 2: Incorporation by Reference
ICL GROUP LTD. INCORPORATION BY REFERENCE This report on Form 6-K shall be deemed to be incorporated by reference into the registration statement on Form S-8 (Registration Number: 333-205518) of ICL Group Ltd. and to be a part thereof from the date on which this report is filed, to the extent not su
Slide 3: Q1 2026 Results
ICL GROUP LTD. 1. Q1 2026 Results
Slide 4: Signature
SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ICL Group Ltd. By: /s/ Aviram Lahav Name:Aviram Lahav Title: Chief Financial Officer ICL Group Ltd. By:
Slide 5: Financial Results and Business Overview March 31, 2026
Financial Results and Business Overview March 31,2026 ICL Group Ltd
Slide 6: ICL Reports First Quarter 2026 Results
ICL Reports First Quarter 2026 Results Following a strong quarter, company increases full year EBITDA guidance to $1.5 billion to $1.7 billion. Company continuing to execute against strategy to accelerate growth in specialty crop nutrition and specialty food solutions Sales of $2.0 billion increased
Slide 7: Financial Results and Business Overview; About ICL
Financial Results and Business Overview This Financial Results and Business Overview is based on the Company’s unaudited interim condensed consolidated financial statements as of and for the three-month period ended March 31, 2026 (hereinafter - Interim Financial Statements), and is prepared in acco
Slide 8: Financial Figures and non-GAAP Financial Measures
Financial Figures and non-GAAP Financial Measures 1-3/2026 1-3/2025 1-12/2025 $ millions % of Sales $ millions % of Sales $ millions % of Sales Sales 2,023 - 1,767 - 7,153 - Gross profit 626 31 560 32 2,186 31 Operating income 235 12 185 10 580 8 (1) Adjusted operating income 252 12 208 12 873 12 Ne
Slide 9: Non-GAAP Measures Definitions and Cautions
You should not view adjusted operating income, adjusted net income attributable to the Company’s shareholders, diluted adjusted earnings per share or adjusted EBITDA as a substitute for operating income or net income attributable to the Company’s shareholders determined in accordance with IFRS, and
Slide 10: Adjustments to Reported Operating and Net Income (non-GAAP)
Adjustments to Reported Operating and Net income (non-GAAP) 1-3/2026 1-3/2025 1-12/2025 $ millions $ millions $ millions Operating income 235 185 580 (1) Charges related to the security situation in Israel 17 10 54 (2) Impairment and write-off of assets and provision for site closure - 4 131 Provisi
Slide 11: Adjusted EBITDA and Diluted Adjusted EPS
Consolidated adjusted EBITDA and diluted adjusted Earnings Per Share for the periods of activity Calculation of adjusted EBITDA was made as follows: 1-3/2026 1-3/2025 1-12/2025 $ millions $ millions $ millions Net income 140 106 280 Financing expenses, net 42 37 139 Taxes on income 53 42 161 Operati
Slide 12: Recent Developments
Recent Developments Security situation in Israel In October 2023, the Israeli government declared a state of war in response to attacks on its civilians in the southern region of the country, which subsequently escalated to other areas. On October 9, 2025, Israel signed a ceasefire agreement. On Feb
Slide 13: Consolidated Results Analysis
Consolidated Results Analysis Results analysis for the period January – March 2026 Operating Sales Expenses income $ millions Q1 2025 figures 1,767 (1,582) 185 Total adjustments Q1 2025* - 23 23 Adjusted Q1 2025 figures 1,767 (1,559) 208 Quantity 12 (13) (1) Price 159 - 159 Exchange rates 85 (106) (
Slide 14: Segment Information: Industrial Products
Segment Information Industrial Products The Industrial Products segment produces bromine from a highly concentrated solution in the Dead Sea and bromine-based compounds at its facilities in Israel, the Netherlands and China. In addition, the segment produces several grades of salts, magnesium chlori
Slide 15: Industrial Products Results Analysis
Results analysis for the period January – March 2026 Operating Sales Expenses income $ millions Q1 2025 figures 344 (282) 62 Quantity (42) 24 (18) Price 40 - 40 Exchange rates 7 (13) (6) Raw materials - 3 3 Transportation - 3 3 Operating and other expenses - (13) (13) Q1 2026 figures 349 (278) 71 -
Slide 16: Potash
Potash The Potash segment produces and sells mainly potash, salts, magnesium and electricity. Potash is produced in Israel using an evaporation process to extract potash from the Dead Sea at Sodom and in Spain using conventional mining from an underground mine. The segment also produces and sells pu
Slide 17: Additional Segment Information: Potash Market
Additional segment information Global potash market - average prices and imports: Average prices 1-3/2026 1-3/2025 VS Q1 2025 10-12/2025 VS Q4 2025 Granular potash – Brazil CFR spot 375 321 16.8% 356 5.3% ($ per tonne) Granular potash – Northwest CIF spot/contract 363 338 7.4% 365 (0.5)% Europe (€ p
Slide 18: Potash Results Analysis
Results analysis for the period January – March 2026 Operating Sales Expenses income $ millions Q1 2025 figures 405 (349) 56 Quantity 22 (18) 4 Price 62 - 62 Exchange rates 14 (17) (3) Energy - 2 2 Transportation - (12) (12) Operating and other expenses - (4) (4) Q1 2026 figures 503 (398) 105 - Quan
Slide 19: Phosphate Solutions
Phosphate Solutions The Phosphate Solutions segment operates ICL’s phosphate value chain and uses phosphate rock and fertilizer-grade phosphoric acid to produce phosphate-based specialty products with higher added value, as well as to produce and sell phosphate-based fertilizers. Results of operatio
Slide 20: Phosphate Solutions Market Highlights
· Indian phosphoric acid prices are negotiated quarterly, with settlements often finalized after the beginning of the quarter. The price for the first quarter was agreed at $1,290/mt P2O5. The second quarter's price was settled at $1,360/mt P2O5. · Sulphur supply tightened significantly over the pas
Slide 21: Phosphate Commodities Prices and Results Analysis
Additional segment information Global phosphate commodities market - average prices: 1-3/2026 1-3/2025 VS Q1 2025 10-12/2025 VS Q4 2025 DAP CFR India Bulk Spot 706 635 11% 717 (2)% TSP CFR Brazil Bulk Spot 585 500 17% 554 6% SSP CPT Brazil inland 18-20% P2O5 338 281 20% 288 17% Bulk Spot Sulphur Bul
Slide 22: Growing Solutions
Growing Solutions The Growing Solutions segment aims to achieve global leadership in plant nutrition by enhancing its position in its core markets of agriculture, ornamental horticulture, turf and landscaping, and by targeting high-growth markets such as Brazil, India, and China. The segment leverag
Slide 23: Growing Solutions Results Analysis
Results analysis for the period January – March 2026 Operating Sales Expenses income Sales Q1 2025 figures 495 (467) 28 Quantity 6 (4) 2 Price 13 - 13 Exchange rates 37 (35) 2 Raw materials - (26) (26) Energy - 3 3 Transportation - 1 1 Operating and other expenses - 7 7 Q1 2026 figures 551 (521) 30
Slide 24: Liquidity and Capital Resources
Liquidity and Capital Resources Source and uses of cash Net cash provided by operating activities In the first quarter, cash flow provided by operating activities amounted to $195 million, compared to $165 million in the corresponding quarter last year. This increase was mainly due to a higher net i
Slide 25: Ratings and Financial Covenants
Ratings and financial covenants Fitch Ratings In April 2026, Fitch Ratings reaffirmed the Company’s long-term issuer default rating and senior unsecured rating at 'BBB-'. The outlook on the long-term issuer default rating is stable. S&P Ratings In May 2026, S&P Global Ratings reaffirmed the Company’
Slide 26: Forward-looking Statements
Forward-looking Statements This report contains statements that constitute “forward-looking statements”, many of which can be identified by the use of forward- looking words such as “anticipate”, “believe”, “could”, “expect”, “should”, “plan”, “intend”, “estimate”, “strive”, “forecast”, “targets” an
Slide 27: Consolidated Financial Statements (Unaudited)
Consolidated Financial Statements (Unaudited) As of March 31, 2026 (in millions of US Dollars) ICL Group Ltd
Slide 28: Condensed Consolidated Statements of Financial Position
Condensed Consolidated Statements of Financial Position as of (Unaudited) March 31, March 31, December 31, 2026 2025 2025 $ millions $ millions $ millions Current assets Cash and cash equivalents 407 312 291 Short-term investments and deposits 174 121 205 Trade receivables 1,649 1,497 1,365 Inventor
Slide 29: Condensed Consolidated Statements of Income
Condensed Consolidated Statements of Income (Unaudited) (In millions except per share data) For the three-month period ended March For the year ended 31 December 31 2026 2025 2025 $ millions $ millions $ millions Sales 2,023 1,767 7,153 Cost of sales 1,397 1,207 4,967 Gross profit 626 560 2,186 Sell
Slide 30: Condensed Consolidated Statements of Comprehensive Income
Condensed Consolidated Statements of Comprehensive Income (Unaudited) For the three-month period ended For the year ended March 31 December 31 2026 2025 2025 $ millions $ millions $ millions Net income 140 106 280 Components of other comprehensive income that will be reclassified subsequently to net
Slide 31: Condensed Consolidated Statements of Cash Flows
Condensed Consolidated Statements of Cash Flows (Unaudited) For the three-month period ended For the year ended March 31 December 31 2026 2025 2025 $ millions $ millions $ millions Cash flows from operating activities Net income 140 106 280 Adjustments for: Depreciation and amortization 160 151 615
Slide 32: Condensed Consolidated Statements of Changes in Equity
Condensed Consolidated Statements of Changes in Equity (Unaudited) Attributable to the shareholders of the Company Non- Total Cumulative Treasury Total controlling Share Share Capital Retained equity translation shares, shareholders' interests capital premium reserves earnings adjustments at cost eq
Slide 33: Statements of Changes in Equity (cont'd)
Condensed Consolidated Statements of Changes in Equity (Unaudited) (cont'd) Attributable to the shareholders of the Company Non- Total Cumulative Treasury Total controlling Share Share Capital Retained equity translation shares, shareholders' interests capital premium reserves earnings adjustments a
Slide 34: Note 1 – General
Notes to the condensed consolidated interim financial statements as of March 31, 2026 (Unaudited) Note 1 – General A. The Reporting Entity ICL Group Ltd. (hereinafter – the Company), is a company incorporated and domiciled in Israel. The Company's shares are traded on both the Tel-Aviv Stock Exchang
Slide 35: Note 2 – Significant Accounting Policies
Notes to the condensed consolidated interim financial statements as of March 31, 2026 (Unaudited) Note 2 – Significant Accounting Policies A. Basis of Preparation The Company's financial statements are prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the
Slide 36: Note 3 - Operating Segments
Notes to the condensed consolidated interim financial statements as of March 31, 2026 (Unaudited) Note 3 - Operating Segments A. General 1. Information on operating segments ICL is a global specialty minerals company operating bromine, potash and phosphate mineral value chains in a unique, integrate
Slide 37: Note 3 - Operating Segments (cont'd)
Notes to the condensed consolidated interim financial statements as of March 31, 2026 (Unaudited) Note 3 - Operating Segments (cont’d) A. General (cont’d) 1. Information on operating segments (cont’d) Growing Solutions – The Growing Solutions segment aims to achieve global leadership in plant nutrit
Slide 38: Operating Segment Data, Q1 2026
Notes to the condensed consolidated interim financial statements as of March 31, 2026 (Unaudited) Note 3 - Operating Segments (cont’d) B. Operating segment data Industrial Phosphate Growing Other Potash Reconciliations Consolidated Products Solutions Solutions Activities $ millions For the three-mon
Slide 39: Operating Segment Data, Q1 2025
Notes to the condensed consolidated interim financial statements as of March 31, 2026 (Unaudited) Note 3 - Operating Segments (cont'd) B. Operating segment data (cont'd) Industrial Phosphate Growing Other Potash Reconciliations Consolidated Products Solutions Solutions Activities $ millions For the
Slide 40: Operating Segment Data, Year 2025
Notes to the condensed consolidated interim financial statements as of March 31, 2026 (Unaudited) Note 3 - Operating Segments (cont'd) B. Operating segment data (cont'd) Industrial Phosphate Growing Other Potash Reconciliations Consolidated Products Solutions Solutions Activities $ millions For the
Slide 41: Information Based on Geographical Location
Notes to the condensed consolidated interim financial statements as of March 31, 2026 (Unaudited) Note 3 - Operating Segments (cont'd) C. Information based on geographical location The following table presents the distribution of the operating segments sales by geographical location of the customer:
Slide 42: Sales by Geographical Location, Q1 2026
Notes to the condensed consolidated interim financial statements as of March 31, 2026 (Unaudited) Note 3 - Operating Segments (cont'd) C. Information based on geographical location (cont'd) The following tables present the distribution of the operating segments sales by geographical location of the
Slide 43: Sales by Geographical Location, 2025
Notes to the condensed consolidated interim financial statements as of March 31, 2026 (Unaudited) Note 3 - Operating Segments (cont'd) C. Information based on geographical location (cont'd) The following table presents the distribution of the operating segments sales by geographical location of the
Slide 44: Note 4 – Loans, Financial Instruments and Risk Management
Notes to the condensed consolidated interim financial statements as of March 31, 2026 (Unaudited) Note 4 – Loans, Financial Instruments and Risk Management A. Fair value of financial instruments The carrying amounts in the financial statements of certain financial assets and financial liabilities, i
Slide 45: Note 5 – Dividend Distributions
Notes to the condensed consolidated interim financial statements as of March 31, 2026 (Unaudited) Note 5 – Dividend Distributions Distributed Decision date for dividend distribution by the Board of Actual date of dividend Dividend per amount Directors distribution share ($) ($ millions) February 17,