Revenue Increase
Sales were $1.853 billion, up 6% year-over-year. Specialties-driven businesses' sales increased by 3%.
Potash Division Performance
Potash division sales were $453 million with EBITDA of $169 million. The average potash price improved by 6% sequentially and nearly 20% year-over-year.
Phosphate Solutions Growth
Strong quarter sales of $605 million, up 5% on an annual basis. Specialty Food Phosphates delivered its strongest quarter in 2 years.
Strategic Focus on Growth Engines
ICL plans to focus on Specialty Crop Nutrition and Specialty Food Solutions as future growth engines, with targeted organic and M&A growth strategies.