ICL Group Ltd (NYSE:ICL) Q2 2022 Earnings Conference Call July 27, 2022 8:30 AM ET
Company Participants
Peggy Reilly Tharp - VP of Global IR
Raviv Zoller - CEO
Aviram Lahav - CFO
Conference Call Participants
Mubasher Chaudhry - Citi
Joel Jackson - BMO Capital
Will Tang - Morgan Stanley
Alexander Jones - Bank of America
Rahi Parikh - Barclays
Operator
Ladies and gentlemen, thank you for standing by and welcome to the ICL Analyst Conference Call. Our presentation today will be followed by a question-and-answer session. [Operator Instructions]
I'd like to hand the call over to our first speaker today, Peggy Reilly Tharp, Vice President of Global Investor Relations. Please go ahead, ma'am.
Peggy Reilly Tharp
Thank you. Hello, everyone. I'm Peggy Reilly Tharp, Vice President of Global Investor Relations. I'd like to welcome you and thank you for joining us today for our quarterly earnings call. The event is being webcast live on our website at icl-group.com.
Earlier today, we filed our reports with the securities authorities and the stock exchanges in the U.S. and in Israel. Those reports as well as the press release are available on our website. There will be a replay of the webcast available after the meeting and a transcript will be available shortly thereafter. The presentation, which will be reviewed today was also filed with the securities authorities and is available on our website. Please be sure to review the disclaimer on Slide 2.
Our comments today will contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are not guarantees of future performance. The company undertakes no obligation to update any financial information discussed on this call at any time.
We will begin with the presentation by our CEO, Mr. Raviv Zoller; followed by Mr. Aviram Lahav, our CFO. Following the presentation, we will open the line for the Q&A session.
Raviv, please.
Raviv Zoller
Thank you, Peggy and welcome, everyone.
In the second quarter, our focus on long-term specialty solutions benefited the company once again along with additional upside from commodity prices. The company's strong performance was supported by increased demand and higher prices in most markets and was achieved even as raw material costs remained inflated and as global supply chain challenges continued.
To begin with Slide 3, ICL delivered all-time record sales and EBITDA and another consecutive quarter of profit and margin growth. We saw record results from all our specialties of businesses Industrial Products, Phosphate Solutions and Innovative Ag Solutions, as well as from our commodity businesses.