ICL Group Ltd. Files Form 6-K for Registration Statement
Ticker: ICL · Form: 6-K · Filed: May 9, 2024 · CIK: 941221
Sentiment: neutral
Topics: sec-filing, registration-statement, form-6k
TL;DR
ICL Group Ltd. filed a 6-K, mostly boilerplate for its S-8 registration statement.
AI Summary
ICL Group Ltd. filed a Form 6-K on May 9, 2024, to incorporate by reference information into its Form S-8 registration statement (Registration Number: 333-205518). This filing is a routine report for a foreign private issuer and does not contain specific financial or operational updates beyond its incorporation by reference purpose.
Why It Matters
This filing serves to update or maintain the effectiveness of ICL Group Ltd.'s existing registration statement, which is relevant for its employee stock plans.
Risk Assessment
Risk Level: low — The filing is a routine administrative report and does not disclose new material financial or operational information that would typically impact risk.
Key Players & Entities
- ICL Group Ltd. (company) — Registrant
- 333-205518 (registration_number) — Form S-8 Registration Statement
- 001-13742 (file_number) — SEC File Number
FAQ
What is the purpose of this Form 6-K filing by ICL Group Ltd.?
The Form 6-K is filed to be incorporated by reference into ICL Group Ltd.'s registration statement on Form S-8, specifically Registration Number 333-205518.
What is the Commission File Number for ICL Group Ltd.?
The Commission File Number for ICL Group Ltd. is 001-13742.
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant is ICL Group Ltd.
What is the principal executive office address of ICL Group Ltd.?
The principal executive office address is Millennium Tower, 23 Aranha Street, P.O. Box 20245, Tel Aviv, 61202, Israel.
Does ICL Group Ltd. file annual reports under Form 20-F or Form 40-F?
ICL Group Ltd. files annual reports under cover of Form 20-F.
Filing Stats: 4,566 words · 18 min read · ~15 pages · Grade level 14.8 · Accepted 2024-05-09 06:14:37
Key Financial Figures
- $1.7 billion — ntial quarterly improvement in sales of $1.7 billion and adjusted EBITDA of $362 million T
- $362 million — of $1.7 billion and adjusted EBITDA of $362 million Tel Aviv, Israel, May 9, 2024 – ICL (N
- $2.1 billion — olidated sales were $1.7 billion versus $2.1 billion in the first quarter of last year. Oper
- $203 million — rter of last year. Operating income was $203 million versus $465 million, while adjusted ope
- $465 m — perating income was $203 million versus $465 million, while adjusted operating income
- $215 million — on, while adjusted operating income was $215 million versus $480 million. Adjusted EBITDA wa
- $480 million — perating income was $215 million versus $480 million. Adjusted EBITDA was $362 million versu
- $610 million — Adjusted EBITDA was $362 million versus $610 million in the first quarter of last year. Dilu
- $0.08 — t year. Diluted earnings per share were $0.08 versus $0.22, and adjusted diluted EPS
- $0 — ed earnings per share were $0.08 versus $0.22, and adjusted diluted EPS was $0.09
- $0.09 — sus $0.22, and adjusted diluted EPS was $0.09 versus $0.23. "ICL delivered solid fir
- $0.23 — d adjusted diluted EPS was $0.09 versus $0.23. "ICL delivered solid first quarter re
- $0.7 billion — segments adjusted EBITDA to be between $0.7 billion to $0.9 billion. For potash, the compan
- $0.9 billion — ed EBITDA to be between $0.7 billion to $0.9 billion. For potash, the company continues to e
- $7.5 billion — its 2023 revenues totaled approximately $7.5 billion. For more information, visit the Compan
Filing Documents
- zk2431403.htm (6-K) — 980KB
- image00001.jpg (GRAPHIC) — 1KB
- image00002.jpg (GRAPHIC) — 1KB
- image00004.jpg (GRAPHIC) — 16KB
- 0001178913-24-001650.txt ( ) — 1006KB
financial statements. You should read such discussion together with our financial statements
financial statements. You should read such discussion together with our financial statements. 4 ICL Group Limited Q1 2024 Results Adjustments to Reported Operating and Net income (non-GAAP) 1-3/2024 1-3/2023 1-12/2023 $ millions $ millions $ millions Operating income 203 465 1,141 Charges related to the security situation in Israel (1) 12 - 14 Write-off of assets and provision for site closure (2) - 15 49 Provision for early retirement (3) - - 16 Legal proceedings (4) - - (2) Total adjustments to operating income 12 15 77 Adjusted operating income 215 480 1,218 Net income attributable to the shareholders of the Company 109 280 647 Total adjustments to operating income 12 15 77 Total tax adjustments (5) (3) (3) (9) Total adjusted net income - shareholders of the Company 118 292 715 (1) For 2024 and 2023, reflects charges relating to the security situation in Israel related to the war , which commenced on October 7, 2023 . (2) For 2023, reflects mainly a write-off of assets related to restructuring at certain sites, including site closures and facility modifications, as part of the Company's global efficiency plan. (3) For 2023, reflects provisions for early retirement, due to restructuring at certain sites, as part of the Company's global efficiency plan . (4) For 2023, reflects a reversal of a legal provision . (5) For 2024 and 2023, reflects the tax impact of adjustments made to operating income . 5 ICL Group Limited Q1 2024 Results Consolidated adjusted EBITDA and diluted adjusted Earnings Per Share for the periods of activity Calculation of adjusted EBITDA was made as follows: 1-3/2024 1-3/2023 1-12/2023 $ millions $ millions $ millions Net income 126 294 687 Financing expenses, net 35 44 168 Taxes on income 42 127 287 Less: Share in earnings of equity-accounted investees - - (1) Operating income 203 465 1,141 Depreciation and amortization 147 130 536 Adj