ICL Announces Updated Five-Year Targets at Investor Day

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Oct 25, 2022

ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, announced plans to continue to grow contribution from its specialties businesses and will provide more details during its virtual Investor Day at 8:30 a.m. ET today. The company expects its Industrial Products, Phosphate Specialties (part of Phosphate Solutions) and Growing Solutions (formerly Innovative Ag Solutions) to deliver more than $2 billion of EBITDA by 2027. This amount would reflect an improvement of more than 100% over 2021 and result in a 16% CAGR.