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Kronos Worldwide Inc (KRO) is a leading producer of titanium dioxide pigments essential for industrial coatings, plastics, and specialty applications. This page serves as the definitive source for official company announcements and market-relevant updates.
Investors and industry professionals will find curated press releases detailing financial results, production innovations, and strategic initiatives. Our repository includes updates on rutile/anatase pigment developments, environmental compliance measures, and global market expansions.
Key content categories cover quarterly earnings reports, manufacturing process enhancements, and industry partnership announcements. Stay informed about KRO's role in advancing coating technologies and specialty chemical solutions.
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Kronos Worldwide, Inc. (NYSE: KRO) has announced a $0.01 increase in its quarterly dividend, bringing it to $0.19 per share. The new dividend will be payable on March 17, 2022, to stockholders recorded as of March 8, 2022. This reflects Kronos's commitment to returning value to its shareholders despite market fluctuations. Kronos Worldwide is recognized as a leading global producer of titanium dioxide products, essential across various industries.
Kronos Worldwide reported a net income of $36.0 million for Q3 2021, up from $8.1 million in Q3 2020, reflecting improved sales volumes and average TiO2 prices. Net sales reached $499.8 million, a 20% increase year-over-year. For the first nine months of 2021, net income was $81.3 million, compared to $53.7 million in the same period in 2020. TiO2 sales volumes rose by 6% in Q3 2021 due to higher demand in Europe and North America. The company's EBITDA soared to $65.5 million in Q3 2021 from $28.6 million in Q3 2020.
Kronos Worldwide has declared a quarterly dividend of $0.18 per share on its common stock, with a payment date set for December 16, 2021. Shareholders on record by the close of business on December 2, 2021 will be eligible to receive this dividend. The company is recognized as a significant global producer of titanium dioxide products.
Kronos Worldwide, Inc. (NYSE: KRO) has declared a quarterly dividend of $0.18 per share on its common stock. The dividend will be payable on September 16, 2021, to stockholders of record as of the close of business on September 2, 2021. As a prominent international producer of titanium dioxide products, this dividend reflects the company's ongoing commitment to returning value to its shareholders.
Kronos Worldwide (NYSE: KRO) reported a net income of $25.7 million ($.22/share) in Q2 2021, up from $18.6 million ($.16/share) in Q2 2020. For the first six months, net income totaled $45.3 million ($.39/share), slightly down from $45.6 million in the same period in 2020. Q2 2021 net sales reached $478.6 million, a 24% increase year-over-year. The rise was attributed to higher sales volumes and TiO2 prices, despite increased manufacturing costs. Average capacity utilization was 99% in H1 2021, up from 95% in 2020.
Kronos Worldwide, Inc. (NYSE: KRO) has declared a quarterly dividend of $0.18 per share, payable on June 17, 2021, to stockholders of record by June 7, 2021. The announcement was made during the company's 2021 annual stockholder meeting, where shareholders elected several directors for a one-year term and approved executive compensation disclosures in a nonbinding advisory vote. Kronos Worldwide is recognized as a significant producer of titanium dioxide products.
Kronos Worldwide (NYSE:KRO) reported a net income of $19.6 million (or $0.17 per share) in Q1 2021, down from $27.0 million (or $0.23 per share) in Q1 2020. The decline was attributed to lower income from operations, despite a 10% increase in net sales at $465.0 million, driven by higher sales volumes. TiO2 sales volumes rose by 3% year-over-year, although average selling prices dropped by 1%. EBITDA decreased to $43.3 million from $54.9 million in the previous year, impacted by currency fluctuations and lower TiO2 prices.
Kronos Worldwide (NYSE: KRO) reported a net income of $10.2 million, or $0.09 per share, for Q4 2020, up from $9.4 million, or $0.08 per share, in Q4 2019. Full-year net income fell to $63.9 million, or $0.55 per share, compared to $87.1 million, or $0.75 per share, in 2019. Q4 net sales were $414.9 million, an 11% increase year-over-year, while full-year sales decreased 5% to $1.6 billion. The company cited improved demand in Q4 but noted ongoing challenges from lower sales volumes and selling prices throughout 2020 due to the COVID-19 pandemic.
Kronos Worldwide, Inc. (NYSE: KRO) has declared a quarterly dividend of $0.18 per share, scheduled for payment on March 18, 2021. Stockholders must be on record by the close of business on March 9, 2021 to receive this dividend. Known for its production of titanium dioxide products, Kronos is positioned as a leading player in the international market.
Kronos Worldwide reported a net income of $8.1 million in Q3 2020, a decline from $17.9 million in Q3 2019. For the first nine months, net income totaled $53.7 million, down from $77.7 million year-on-year. The decline was attributed to lower sales volumes and TiO2 selling prices, significantly impacted by the COVID-19 pandemic. Net sales also decreased by 5% in Q3 and 10% year-to-date, influenced by fluctuating demand across global markets. Segment profit fell to $22.7 million in Q3 2020 from $36.8 million in Q3 2019.
