ICL Raised Its 2024 Guidance For Specialties-Driven EBITDA To $0.8B-$1B, From $0.7B-$0.9B
Portfolio Pulse from Benzinga Newsdesk
ICL has raised its 2024 guidance for specialties-driven EBITDA to a range of $0.8 billion to $1.0 billion, up from the previous range of $0.7 billion to $0.9 billion. The expected potash sales volumes remain unchanged.
August 14, 2024 | 6:20 am
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ICL has increased its 2024 guidance for specialties-driven EBITDA to $0.8 billion to $1.0 billion, up from the previous range of $0.7 billion to $0.9 billion. This positive revision indicates stronger expected performance in its specialties segment.
The increase in EBITDA guidance suggests that ICL expects better performance in its specialties segment, which is likely to positively impact investor sentiment and the stock price in the short term.
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