Israel Corporation Q2 2026 Results

Israel Corporation Ltd. (ILCO) reported its second quarter 2026 results for the period ending June 30, 2026. Net profit attributable to shareholders was $53 million, up from $43 million in Q2 2025, driven by a higher share of ICL Group profit ($59 million vs. $40 million). As of June 30, 2026, ILCO's net cash stood at $123 million, up from $100 million at the end of Q1 2026. Total assets net of cash were $3,238 million, with major holdings including ICL Group (~567 million shares, market value $2,845 million), Prodalim (~72 million shares, $168 million), and AKVA Group (~6.6 million shares, $86 million). During the quarter, ILCO completed several corporate actions: Prodalim's IPO on the Ghana Stock Exchange in February 2026 raised approximately NIS 370 million at a valuation of NIS 2.1 billion, diluting ILCO's stake from 27.5% to 23.26%; ILCO distributed a dividend of approximately $13 million in April 2026; and a 10-to-1 share capital split was approved by shareholders in July 2026 and became effective on July 27, 2026.