Icl Group Ltd. · TASE:ICL
Icl — Investor Day (October 2022)
22 slides from Icl's investor day presentation, Oct 25, 2022
Slide 1: Growing Specialties Impact
Growing Specialties Impact Philip Brown President, Phosphate Specialties October 25, 2022 ICL Investor Day 1
Slide 2: Important legal notes
Important legal notes Disclaimer and safe harbor for forward-looking statements This presentation and/or other oral or written statements made by ICL Group during its presentation, or from time to time, may contain forward-looking statements within the meaning of the United States Private Securities
Slide 3: Globally integrated and aligned with ~20% market share
Globally integrated and aligned with ~20% market share EU 25% NA 26% China 10% SA 38% Notes: Global market share represents portion of total P2O5 market. Market CAGR represents five-year growth rate through 2021, using internal estimates. Numbers may not add, 3 due to rounding.
Slide 4: Only truly global player
Only truly global player North South Europe China America America Notes: Global market share represents portion of total P2O5 market. Market CAGR represents five-year growth rate through 2021, using internal estimates. Numbers may not add, 4 due to rounding.
Slide 5: Globally integrated and aligned with ~20% market share
Globally integrated and aligned with ~20% market share No. 1, 2 or 3 in key geographies 2,932 ICL Market 1,649 Vertically integrated 1,342 1,135 20% Sales 1,111 US$M 22% Only Western producer 16% 600 with presence in China EBITDA Margin 13% 15% 357 EBITDA 149 172 209 US$M Broadest portfolio, 2019 20
Slide 6: Sales and EBITDA targets
Sales US$M DEVELOPMENT EBITDA US$M GEOGRAPHIC IN NEW LONG TERM EXPANSION INDUSTRIES AGREEMENTS Notes: Segment EBITDA is a non-GAAP financial measure; see reconciliation tables in appendix. Sales and EBITDA targets for 2025 do not include M&A activities. TTM reflects trailing 12 months 6 through 2Q’2
Slide 7: Roadmap for continued growth
Roadmap for continued growth Expanding into Focusing on Leveraging Innovating energy storage expanded share unique assets in areas of solutions in high value for specialties sustainability & markets solutions functionality Notes: Segment EBITDA is a non-GAAP financial measure; see appendix for furth
Slide 8: Roadmap for continued growth
Roadmap for continued growth Expanding into Focusing on Leveraging Innovating energy storage expanded share unique assets in areas of solutions in high value for specialties sustainability & markets solutions functionality Notes: Segment EBITDA is a non-GAAP financial measure; see appendix for furth
Slide 9: Aggressively targeting downstream battery solutions ESS Ecosystem
Expanding into energy storage solutions Aggressively targeting downstream battery solutions ESS Ecosystem Building partnerships - Expanding customer reach - moving downstream and maximizing opportunities deeper into battery markets with EV & storage end-markets Developing supply chain - expanding re
Slide 10: Expanding into energy storage solutions
Expanding into energy storage solutions 10
Slide 11: Roadmap for continued growth
Roadmap for continued growth Expanding into Focusing on Leveraging Innovating battery and expanded share unique assets in areas of energy storage in high value for specialties sustainability & solutions markets solutions functionality Notes: Segment EBITDA is a non-GAAP financial measure; see append
Slide 12: Expanding solutions portfolio, including alternative proteins
Focusing on expanded share in high value Expanding solutions portfolio, including alternative proteins markets VEGAN, MEAT, POULTRY, DAIRY & VEGETARIAN & SEAFOOD BEVERAGE BAKERY FLEXITARIAN Healthier & organic Affordable Shelf-stable Protein enriched Appetizing & tasty PHOSPHATES TEXTURIZERS PROTEIN
Slide 13: Roadmap for continued growth
Roadmap for continued growth Expanding into Focusing on Leveraging Innovating battery and expanded share unique assets in areas of energy storage in high value for specialties sustainability & solutions markets solutions functionality Notes: Segment EBITDA is a non-GAAP financial measure; see append
Slide 14: Essential and consistent supplier to key strategic markets
Leveraging unique assets for specialties Essential and consistent supplier to key strategic markets solutions Expanding on existing qualifications Global network secures local supply Only Western high-purity and certifications etchant supplier for chip manufacturing Backward integration, with flexib
Slide 15: Roadmap for continued growth
Roadmap for continued growth Expanding into Focusing on Leveraging Innovating battery and expanded share unique assets in areas of energy storage in high value for specialties sustainability & solutions markets solutions functionality Notes: Segment EBITDA is a non-GAAP financial measure; see append
Slide 16: Expanding reach and developing sustainable solutions
Innovating in areas of sustainability & Expanding reach and developing sustainable solutions functionality Environmentally friendly Sustainable offerings for alternative Expanding existing efforts into solutions enhance durability, meat, with expansion into dairy & growing battery market stability a
Slide 17: Sales and EBITDA bridge to 2027 target
Sales US$M EBITDA US$M Organic Inorganic 20% $1,590 $2,932 $130 Margin $31 $60 $170 $1,342 16% $600 Margin $209 2021 Inorganic 2027 2021 ESS Food Advanced M&A 2027 Target Organic Target Additives 17 Note: Segment EBITDA and EBITDA margin are non-GAAP financial measures; see reconciliation tables in
Slide 18: Blueprint for continued growth
Blueprint for continued growth Expanding into Focusing on Leveraging Innovating energy storage expanded share unique assets in areas of solutions in high value for specialties sustainability & markets solutions functionality Notes: Segment EBITDA is a non-GAAP financial measure; see appendix for fur
Slide 19: Updated 5Y plan
Updated 5Y plan 1 Delivered what was promised in 2020 - ahead of expectations, with strong momentum. 2 Significant opportunities in energy storage - complementary to existing portfolio. 3 Well-positioned - prepared to achieve meaningful business growth and margin expansion. Note: Segment EBITDA is a
Slide 20: Thank you
ANCL Thank you 806006
Slide 21: Reconciliation tables
Reconciliation tables Industrial Products US$M 2017 2018 2019 2020 2021 TTM Potash US$M 2019 2020 2021 TTM Segment sales $1,193 $1,296 $1,318 $1,255 $1,617 $1,789 Segment sales $1,421 $1,268 $1,776 $2,793 Segment operating income $247 $300 $338 $303 $435 $595 Segment operating income $289 $121 $399
Slide 22: Long-term targets and non-GAAP financial measures
Long-term targets and non-GAAP financial measures Long term targets The company only provides long term targets on a non-GAAP basis. The company does not provide a reconciliation of forward-looking targeted EBITDA (non-GAAP) and targeted Margin EBITDA (non-GAAP) to GAAP net income (loss), due to the