Yaniv Kabalek on financial projections
From ICL Investor Day October 2022 · · ICL Group
“We want to go from 1.6 to 2.4 billion dollars in 2027 and from EBITDA point of view we want to grow from 500 million to 800 million dollars. The main contribution for that will come from electronics, building and construction and also for new applications like energy storage solutions.”
On , Yaniv Kabalek, President Industrial Products Division at ICL Group, spoke about financial projections during ICL Investor Day October 2022 on ICL Group.
About Yaniv Kabalek
At ICL's October 2022 Investor Day, Yaniv Kabalek, President of the Industrial Products Division, presented the division's strategy to expand from a solid foundation into new products. He stated that the division aims to grow revenue from $1.6 billion to $2.4 billion and EBITDA from $500 million to $800 million by 2027, with the main contributions expected from electronics, building and construction, and new applications such as energy storage solutions. Kabalek also highlighted the division's unique assets, including its position as the only Western producer of high-purity phosphoric acid at the single part-per-billion level, which is supplied to the semiconductor industry. He noted that the division is moving from being an ingredient supplier to a solution provider, particularly in the food business, where it focuses on improving affordability, extending shelf life, and offering healthier options such as low-sodium and organic products.