ICL Reports Q3 2016 Results – Satellite Press Releases - News Summed Up

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ICL Reports Q3 2016 Results – Satellite Press Releases


Operating income and adjusted operating income: Reported operating loss for the third quarter of 2016 totaled $331 million compared with income of $197 million in the third quarter of 2015. Adjusted operating income for the quarter totaled $164 million compared to $242 million in the comparison quarter of 2015. $0.05 per share, will be paid on January 4, 2017, in respect of ICL’s third quarter 2016 results. (Financial tables follow)We disclose in this Quarterly Report non-IFRS financial measures titled Adjusted operating income, Adjusted net income attributable to the Company’s shareholders and Adjusted EBITDA. We calculate our adjusted operating income by adjusting our operating income to add certain items, as set forth in the reconciliation tables above.


Source: Ethiopian News November 23, 2016 11:45 UTC



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