# ICL Reports Resilient Third Quarter 2020 Results

> ICL reported third-quarter 2020 sales of $1.20 billion, flat on the prior quarter and 9% lower year on year, with operating income down 50%. The company cited record nine-month potash output at the Dead Sea and growth in its phosphate specialties business.

- Date: 2020-11-12 · published 2020-11-12T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/50463-icl-reports-resilient-third-quarter-2020-results
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Steady potash output and reduced sales at a major producer give little sign of a supply squeeze, so potash prices are unlikely to move much on this result alone.

## Read by commodity

- POTASH: neutral

## Sources

- prnewswire.com: https://www.prnewswire.com/news-releases/icl-reports-resilient-third-quarter-2020-results-301171627.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.