Shares of ICL Group surged 5.24% in pre-market trading on Wednesday, as investors reacted to the company's robust second-quarter financial results that surpassed analysts' expectations.

The specialty minerals firm reported a 17% year-over-year increase in revenue to $2.14 billion, driven by higher bromine prices and improved electronics demand in its Industrial Products segment, as well as increased potash prices and sales volumes to key markets like China, India, and Brazil. Adjusted diluted earnings per share rose 33% to $0.12, beating the analyst consensus estimate of $0.10.

ICL also reiterated its full-year 2026 adjusted EBITDA guidance of $1.5 billion to $1.7 billion and highlighted its cost-savings Elevate initiative, which is expected to deliver over $350 million in annualized savings by the end of 2028. The strong performance and reaffirmed outlook provided a bullish signal to the market, fueling the pre-market rally.