Aviram Lahav on leverage
From ICL Investor Day October 2022 · · ICL Group
“Our net debt to EBITDA ratio has gone down dramatically from 2.3 in 2020 all the way to 0.6 at the current time.”
On , Aviram Lahav, CFO at ICL Group, spoke about leverage during ICL Investor Day October 2022 on ICL Group.
About Aviram Lahav
At ICL's October 2022 Investor Day, CFO Aviram Lahav presented financial targets for the company, stating that ICL was aiming for sales of $13 billion (an 11% CAGR) and an EBITDA margin of 28% (a 13% CAGR) by 2027. He also noted that the company's net debt to EBITDA ratio had decreased from 2.3 in 2020 to 0.6 at the time of the event. Lahav described the company as having a "strong sustainability based culture" and expressed confidence in ICL's ability to deliver on its promises despite short-term market challenges.