| 2025-05-14 16:15:00 |
Kronos Worldwide, Inc. Announces Quarterly Dividend And Results Of Annual Stockholder Meeting
Dallas, texas, may 14, 2025 (globe newswire) -- kronos worldwide, inc. (nyse: kro) announced that its board of directors has declared a regular quarterly dividend of five cents ($0.05) per share on its common stock, payable on june 18, 2025 to stockholders of record at the close of business on june 9, 2025. |
| 2025-05-07 16:15:00 |
Kronos Worldwide, Inc. Reports First Quarter 2025 Results
Dallas, texas, may 07, 2025 (globe newswire) -- kronos worldwide, inc. (nyse:kro) today reported net income of $18.1 million, or $.16 per share, in the first quarter of 2025 compared to net income of $8.1 million, or $.07 per share, in the first quarter of 2024. net income increased in the first quarter of 2025 as compared to the first quarter of 2024 primarily due to higher income from operations as a result of higher sales and production volumes, higher average tio2 selling prices, and decreases in per metric ton production costs (primarily raw materials, utilities and unabsorbed fixed costs due to improved operating rates in 2025). comparability of our results was also impacted by the effects of changes in currency exchange rates. as previously reported, effective july 16, 2024, we acquired the 50% joint venture interest in louisiana pigment company, l.p. (“lpc”) previously held by venator investments, ltd. prior to the acquisition, we held a 50% joint venture interest in lpc. following the acquisition, lpc became a wholly-owned subsidiary of ours. we accounted for the acquisition as a business combination. the results of operations of lpc have been included in our results of operations beginning as of the acquisition date. |
| 2025-04-15 16:15:00 |
Kronos Worldwide, Inc. Announces Expected First Quarter 2025 Earnings Release Date
Dallas, texas, april 15, 2025 (globe newswire) -- kronos worldwide, inc. (nyse: kro) announced today that, subject to the completion of quarter-end closing procedures, it expects to report first quarter 2025 earnings in a press release after market close on wednesday, may 7, 2025. kronos worldwide, inc. is a major international producer of titanium dioxide products. |
| 2025-03-06 16:15:00 |
Kronos Worldwide, Inc. Reports Fourth Quarter 2024 Results
Dallas, texas, march 06, 2025 (globe newswire) -- kronos worldwide, inc. (nyse:kro) today reported a net loss of $13.2 million, or $.12 per share, in the fourth quarter of 2024 compared to a net loss of $5.3 million, or $.05 per share, in the fourth quarter of 2023. for the full year of 2024, kronos worldwide reported net income of $86.2 million, or $.75 per share, compared to a net loss of $49.1 million, or $.43 per share, for the full year of 2023. net income decreased in the fourth quarter 2024 compared to the fourth quarter of 2023 primarily due to increases in the company’s income tax expense resulting from (i) final tax regulations on the treatment of certain currency translation gains and losses, which resulted in a non-cash deferred income tax expense of $16.5 million ($.14 per share) and (ii) the recognition of a deferred income tax asset valuation allowance related to the company’s belgian net deferred tax assets, which resulted in a non-cash deferred income tax expense of $8.2 million ($.07 per share). income before income taxes increased $24.9 million in the fourth quarter of 2024 as compared to the fourth quarter of 2023 due to higher income from operations as a result of the effects of higher sales and production volumes and lower production costs (primarily energy and raw materials). net income increased in the full year of 2024 compared to full year of 2023 due to higher income from operations as a result of the effects of higher sales and production volumes and lower production costs (primarily energy and raw materials), partially offset by lower average tio2 selling prices. comparability of our results was also impacted by the effects of changes in currency exchange rates. our results of operations for the full year of 2023 were significantly impacted by reduced demand for tio2 in all major markets and unabsorbed fixed production as a result of production curtailments in response to the sharp decline in demand. demand improved in all of our major markets in 2024 compared to 2023 and we increased production volumes accordingly, contributing to our improved profitability. as previously reported, effective july 16, 2024, we acquired the 50% joint venture interest in louisiana pigment company, l.p. (“lpc”) previously held by venator investments, ltd. prior to the acquisition, we held a 50% joint venture interest in lpc. following the acquisition, lpc became a wholly-owned subsidiary of ours. we accounted for the acquisition as a business combination. the results of operations of lpc have been included in our results of operations beginning as of the acquisition date. net income for the full year 2024 includes the recognition of a non-cash gain of $64.5 million ($50.9 million, or $.44 per share, net of income tax expense) associated with the remeasurement of our investment in lpc as a result of the acquisition. |
| 2025-02-26 16:15:00 |
Kronos Worldwide, Inc. Announces Quarterly Dividend
Dallas, tx, feb. 26, 2025 (globe newswire) -- kronos worldwide, inc. (nyse: kro) announced that its board of directors has declared a regular quarterly dividend of five cents ($0.05) per share on its common stock, payable on march 20, 2025 to stockholders of record at the close of business on march 11, 2025. |
| 2024-11-06 16:15:00 |
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| 2024-10-30 16:15:00 |
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| 2024-08-07 16:15:00 |
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| 2024-07-23 16:23:00 |
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| 2024-07-23 03:15:00 |
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| 2024-07-17 12:26:00 |
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| 2024-05-15 16:15:00 |
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| 2024-05-08 16:15:00 |
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| 2024-03-06 16:15:00 |
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| 2024-02-21 16:15:00 |
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