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Israel's ICL second-quarter profit dips, sales rise
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Israel's ICL second-quarter profit dips, sales rise
Aug 6, 2025 1:51 AM

JERUSALEM, Aug 6 (Reuters) - Israeli potash and

specialty chemicals producer ICL Group on Wednesday

reported a dip in second-quarter profit, weighed down partly by

Israel's war with Iran in June.

ICL said it earned an adjusted 9 cents per diluted share in

the second quarter, versus 10 cents a year earlier. Sales grew

to $1.83 billion from $1.75 billion.

Potash sales dipped to $383 million from $422 million in the

April to June period, with ICL citing lower production at its

Dead Sea facility "due to operational challenges primarily

related to ongoing (Gaza) war-related issues, the annual

maintenance shutdown, and a brief period of regional unrest in

June."

Still, ICL reached new potash supply deals with key

customers China and India during June.

Sales of industrial products such as flame retardants,

bromine and specialty minerals edged higher in the quarter,

while phosphate sales grew to $637 million from $572 million.

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