Icl Group Ltd. · TASE:ICL
Icl — Investor Day (October 2022)
14 slides from Icl's investor day presentation, Oct 25, 2022
Slide 1: Growing Specialties Impact
Growing Specialties Impact Aviram Lahav CFO October 25, 2022 ICL Investor Day
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: Delivering against plans with consistent execution & disciplined capital allocation
Delivering against plans with consistent execution & disciplined capital allocation Accelerating growth of differentiated Prioritizing capital and R&D investments specialties businesses to support high return growth initiatives Driving operational efficiencies & Maintaining industry-leading value ch
Slide 4: Accelerating specialties growth
Accelerating specialties growth Sales US$M EBITDA US$M Specialties Specialties $82 $850 $2,580 $1,590 28% $620 Margin $743 $558 $44 $12,800 $391 24% Margin $300 $3,600 $6,955 $1,687 Industrial Solutions Other Specialties Commodities Growing 2021 Products 2027 Target Phosphate Specialties Growing Sol
Slide 5: 4.6% average dividend yield since 2018
4.6% average dividend yield since 2018 Adjusted Earnings Per Share Dividend Yield $1.49 8.0% 4.6% 3.7% $0.64 2.7% $0.37 $0.20 2019 2020 2021 TTM 2019 2020 2021 TTM 5 Notes: EPS shown on adjusted diluted basis. TTM reflects trailing 12 months through 2Q’22. Dividend yield calculated by taking dividen
Slide 6: G&A Expense Improvement and Sustainability
G&A Expense Improvement Sustainability ICL at the forefront of 4.8% 4.6% TCFD Disclosure 4.0% • Early adoption of the disclosure 3.1% • Enhancing the management of climate- related risks and opportunities Sustainability Linked financing On track to achieve sustainability linked loan (SLL) KPIs 2019
Slide 7: Targeting higher growth of specialties businesses
Targeting higher growth of specialties businesses CAPEX US$M 1,000 Growth Expanding capacity for Growth ESG Maintenance 900 growing specialties businesses 800 700 ESG Industry leader focused on 600 continuous improvement 500 400 Maintenance Safety and efficiency are 300 foundational and non-negotiab
Slide 8: Committed to increasing returns on invested capital
Committed to increasing returns on invested capital 2021 Actual ROIC 2027 Target Specialties 34% 28% 21% 19% 18% 14% 13% 13% 10% 10% Industrial Phosphate Growing Commodities Total ICL Products Specialties Solutions 8 Notes: Does not include M&A. ROIC is a non-GAAP measure, please see reconciliation
Slide 9: Supports accelerated strategy execution
Supports accelerated strategy execution Net Debt to EBITDA Rating 4.0 agency required 3.5 S&P BBB- with a stable outlook Bank ratio 3.0x Fitch BBB- with a stable outlook covenants to 4.0x required 3.0 ratio <3.5x 2.5 2.0 2.6 2.3 1.5 1.8 1.6 1.0 1.4 0.5 0.0 0.6 12.31.17 12.31.18 12.31.19 12.31.20 12.
Slide 10: Ability to fund growth plans & deliver shareholder return
Ability to fund growth plans & deliver shareholder return FY’19 Actual US$M TTM Actual US$M $8,000 $6,000 Firepower $4,000 to move forward & deliver increasing $2,000 shareholders returns $0 Sources Uses Sources Uses Financial Flexibility Financial Flexibility Operating Cash Flow Operating Cash Flow
Slide 11: On track to become a global leader in all 3 specialty businesses
1 We delivered what we promised in 2020, much sooner than expected, with strong momentum. 2 There are significant opportunities for ICL amid growing global sustainability challenges. 3 We have the right fundamentals and are well positioned to achieve expected growth and margin expansion plans. On tr
Slide 12: Thank you
ANCL Thank you 806006
Slide 13: Reconciliation tables
Reconciliation tables Industrial Products US$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 14: 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