ICL Group raises 2026 EBITDA guidance as elevated potash and bromine prices drive Q1 2026 earnings growth.
ICL Group updated its 2026 EBITDA forecast to a range of $1.5 billion to $1.7 billion, citing sustained strength in potash and bromine prices. The company reported Q1 2026 sales of $2 billion, a 14% year-over-year increase, alongside a 26% rise in adjusted net income and a 15% gain in adjusted EBITDA.
Results exceeded expectations despite higher operational costs, reflecting robust demand in key markets. The prior-year EBITDA stood at $1.3 billion, with analysts anticipating a gradual recovery in commodity prices.
Management attributed the performance to favorable pricing dynamics and operational efficiencies, though no immediate market reaction was disclosed.