Economy

ICL Second-Quarter Profit Climbs 47% to $137 Million

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Courtroom-sketch editorial illustration of ICL chief executive Elad Aharonson in a dark jacket and pale shirt against a cross-hatched neutral background.

ICL reported second-quarter sales of $2.135 billion, up 17% from a year earlier, while net income attributable to shareholders climbed 47% to $137 million from $93 million. Operating income rose to $266 million from $181 million, and adjusted EBITDA advanced to $448 million from $351 million, its strongest quarterly operating performance in three years. All four business segments contributed to sales growth, and operating cash flow increased to $290 million from $269 million. The company retained full-year adjusted EBITDA guidance of $1.5 billion to $1.7 billion and launched initiatives targeting more than $350 million in annual cost savings by the end of 2028.

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