The Israeli Chemical Company had revenues of $ 1.32 billion in the fourth quarter of 2020, a 19% increase over the corresponding quarter of 2019. ICL (TASE: ICL: NYSE: ICL) (formerly known as Israel Chemicals) reported strong fourth-quarter results. With a net profit of $ 65 million. Revenue in the fourth quarter of 2020 was $ 1.32 billion, an increase of 19% over the fourth quarter of 2019. Earnings before interest, taxes, depreciation and amortization of $ 268 million increased in the fourth quarter. From 2020 up 30% compared to the corresponding quarter. 2019 Q. RELATED ARTICLES ICL outperforms analysts on earnings and revenues, as ICL said to buy the Brazilian Fertilizer Company for $ 120 million, the average price per ton achieved of $ 228 was 4% higher than the quarter. The former but 17% less year-on-year. Raviv Zoller, President and CEO of ICL said: “2020 has certainly been a challenging year – for ICL, its employees, customers, and communities – however, we are emerging from a difficult year with a strong end, and we believe we are well positioned for 2021. It’s not just Commodity prices are on our side in the new year, but we also expect to continue seeing the benefits from our innovative products and from the cost-effectiveness and strategic initiatives we have implemented in 2020. “ICL has released an indicative range of EBITDA from $ 1.02 billion to $ 1.12 billion. For the whole of 2021. Posted by Globes, Israel business news – en.globes.co.il – on February 11, 2021 © Copyright Globes Publisher Itonut (1983) Ltd 2021 Raviv Zoller / Photo: Natalie Cohen Kadosh
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