According to FUNDER website data,
285 mutual funds hold ICL shares in the amount of NIS 354.35 million
Funds that hold significant holdings in the stock – for the full list of holdings
The following is a change in the holdings of mutual funds in the ICL share according to FUNDER-MVF data
ICL GROUP LTD (NYSE and TASE: ICL), a leading global company for minerals and specialty chemicals, today reported its financial results for the fourth quarter and full year ended December 31, 2020. Consolidated sales for the fourth quarter totaled $ 1.3 billion, an increase of over $ 200 million compared to the same quarter last year.
Net income of $ 65 million grew by 35% and adjusted EBITDA in the fourth quarter amounted to $ 268 million, a growth of over 30% compared to the corresponding quarter last year.
Operating profit in the fourth quarter amounted to $ 139 million, a growth of about 60% compared to the corresponding quarter last year, with all four business divisions showing growth in the current quarter compared to the corresponding period last year, both in sales and operating profit.
Adjusted operating income in the fourth quarter amounted to $ 143 million, growth of over 60% compared to the corresponding quarter last year, and cash flow from operating activities increased by 22% to $ 258 million.
“2020 was undoubtedly a challenging year for ICL, its employees, customers and the communities in which it operates. At the same time, we are coming out of this year with a strong quarter, and we believe that the company has positive momentum towards 2021,” he said. Raviv Zoller, President and CEO ICL. “Not only are commodity prices working in our favor with the advent of the new year, we also anticipate that we will continue to see the fruits of cost-cutting moves, strategic initiatives we have implemented and innovative products we have developed over the past year.”
“In 2020, our focus on innovation and specialty products led to a peak in operating profit from the specialty phosphate products business and the Innovative Agriculture Solutions Division (IAS). In addition, 2020 was a record year for the joint venture results in China YPH, the second year in the history of the Industrial Solutions Division. The annual potash of the Dead Sea factories.
These and other achievements have been made possible thanks to the execution of work plans quickly and effectively and the use of innovation. Other operational successes included the start of the running process at the new TBBA plant in Neot Hovav; Commencement of the full operation of the Dead Sea Excavator excavator in the Dead Sea; Continued expansion of white phosphoric acid production at the company’s facility at YPH; And the completion of the excavation of the access ramp connecting the company’s Cabanasses mine in Spain to the plant in Súria. The final completion of the mine union in Spain will take place during the first half of 2021, “Zoller added.
We have continued to reposition the Innovative Agriculture Solutions Division for the future, focusing on developing innovative products and expanding operations in new target markets, including Brazil – the world’s fastest growing agricultural market – through the acquisition of Fertiláqua, which was completed in the first week of January 2021. We anticipate Because these and other efforts in the field of innovation will benefit the company in 2021, “Zoller concluded.
In order to provide greater clarity regarding expectations for 2021, the Company publishes a coordinated EBITDA forecast range of between $ 1.02 billion and $ 1.12 billion over the full year, based on commodity prices and exchange rates for early 2021
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