KRONOS WORLDWIDE INC (KRO)
US50105F1057 - Common Stock
KRONOS WORLDWIDE INC
NYSE:KRO (4/18/2024, 7:04:30 PM)
After market: 11.29 0 (0%)11.29
-0.05 (-0.44%)
Company Profile
Kronos Worldwide, Inc. engages in the production and marketing of value-added titanium dioxide pigments. The company is headquartered in Dallas, Texas and currently employs 2,266 full-time employees. The company went IPO on 2003-12-04. The Company, along with its distributors and agents, sell and provide technical services for its products to customers in 100 countries with sales in Europe, North America and the Asia Pacific region. The firm manufactures and sells iron-based chemicals, which are co-products and processed co-products of sulfate and chloride process TiO2 pigment production. These co-product chemicals are marketed through its Ecochem division and are primarily used as treatment and conditioning agents for industrial effluents and municipal wastewater as well as in the manufacture of iron pigments, cement and agricultural products. The firm manufactures and sells other specialty chemicals, which are side-stream products from the production of TiO2. These specialty chemicals are used in applications in the formulation of pearlescent pigments.
Company Info
KRONOS WORLDWIDE INC
5430 LBJ Freeway, Suite 1700
Dallas TEXAS 75240
P: 19722331700
CEO: Robert D. Graham
Employees: 2266
Website: https://kronostio2.com/en/
KRO News
a month ago - InvestorPlaceKRO Stock Earnings: Kronos Worldwide Beats EPS, Beats Revenue for Q4 2023KRO stock results show that Kronos Worldwide beat analyst estimates for earnings per share and beat on revenue for the fourth quarter of 2023.
a month ago - BusinessInsiderKRO Stock Earnings: Kronos Worldwide Beats EPS, Beats Revenue for Q4 2023InvestorPlace - Stock Market News, Stock Advice & Trading Tips Kronos Worldwide (NYSE:KRO) just reported results for the fourth quarter of 202...
a month ago - Kronos WorldwideKRONOS WORLDWIDE, INC. REPORTS FOURTH QUARTER 2023 RESULTSDallas, Texas, March 06, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) today reported a net loss of $5.3 million, or $.05 per share, in the fourth quarter of 2023 compared to a net loss of $19.9 million, or $.18 per share, in the fourth quarter of 2022. For the full year of 2023, Kronos Worldwide reported a net loss of $49.1 million, or $.43 per share, compared to net income of $104.5 million, or $.90 per share for the full year of 2022. Net income increased in the fourth quarter of 2023 as compared to the fourth quarter of 2022 primarily due to higher income from operations as a result of the net effect of higher sales volumes, lower average TiO2 selling prices and lower production costs (primarily raw material costs). Net income decreased in the full year of 2023 as compared to the full year 2022 primarily due to lower income from operations as a result of lower sales volumes, lower average TiO2 selling prices and reduced production volumes. Beginning in the fourth quarter of 2022 and continuing through 2023, we implemented production curtailments in response to a sharp decline in demand for TiO2 products occurring in all major markets. In addition, throughout 2023 we implemented cost reduction initiatives and other strategies designed to improve our long-term cost structure and preserve liquidity. Through these actions we successfully reduced our finished goods inventory levels and maintained significant liquidity, although our results of operations were negatively impacted by certain cost reduction initiatives and the significant unabsorbed fixed production costs incurred due to the curtailments, as discussed further below. Comparability of our results was also impacted by the effects of changes in currency exchange rates.
2 months ago - Kronos WorldwideKRONOS WORLDWIDE, INC. ANNOUNCES QUARTERLY DIVIDENDDALLAS, TEXAS, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE: KRO) announced that its board of directors has declared a regular...
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