ICL Reports Q3 Profit Of $180 Mln - Quick Facts

(RTTNews) - ICL (ICL) reported third-quarter net income of $180 million, compared to $78 million, prior year. Adjusted net income was $180 million, compared to $196 million, prior year.

Revenue increased to $1.56 billion from $1.45 billion last year. The company said the increase derived primarily from increased quantities sold of potash and brominated-based flame retardants, from the consolidation of companies acquired during 2014 and fluctuations in the exchange rate. The increase was offset, in part, by a reduction in selling prices.

The company's Board declared that a dividend totaling $125 million will be paid on December 17, 2014, in respect of its third-quarter results.