Welcome to our dedicated page for Valhi news (Ticker: VHI), a resource for investors and traders seeking the latest updates and insights on Valhi stock.
Valhi, Inc. (Symbol: VHI) is a Delaware-based holding company with diversified operations through its majority-owned subsidiaries and affiliates. The company operates in three primary segments: Chemicals, Component Products, and Real Estate Management and Development.
Chemicals Segment: Valhi is a key player in the production and marketing of titanium dioxide pigments (TiO2), which are used to enhance the whiteness, brightness, opacity, and durability of various products. These include paints, plastics, paper, fibers, and ceramics. The Chemicals segment is the principal revenue generator for the company.
Component Products: This segment primarily focuses on security products and recreational marine components. Valhi's innovative solutions in this area have secured its position as a reputable provider in the market.
Real Estate Management and Development: Valhi is also engaged in real estate development and management, offering a range of services that include property management and development projects. The company's expertise in this field ensures steady growth and revenue.
Valhi operates mainly in the United States but also extends its influence to Germany, Canada, Norway, and Belgium. The majority of its revenue is generated within the United States.
In recent developments, discussions have highlighted potential risks and changes within the Chemicals segment's net sales. Investors are advised to stay updated with the latest news and forecasts to understand the financial implications better. For more information, contact Bryan A. Hanley, Senior Vice President and Treasurer, at 972-233-1700.
Valhi (NYSE: VHI) has announced that its board of directors declared a regular quarterly dividend of $0.08 per share on its common stock. The dividend will be paid on December 19, 2024, to stockholders of record as of November 29, 2024. Valhi operates in three main sectors: chemicals (TiO2), component products (security products and recreational marine components), and real estate management and development.
Valhi (NYSE: VHI) reported significant financial improvements in Q3 2024, with net income of $57.5 million ($2.01 per share) compared to a net loss of $5.8 million in Q3 2023. The Chemicals Segment's net sales increased 22% to $484.7 million, driven by higher sales volumes and strengthening TiO2 demand. A key highlight was the acquisition of Louisiana Pigment Company, resulting in a non-cash gain of $64.5 million. The company's TiO2 sales volumes increased 21% in Q3 2024, with production rates reaching 92% of capacity. However, Component Products Segment saw decreased performance with net sales declining to $33.6 million from $40.3 million in Q3 2023.
Valhi (NYSE: VHI) has declared a quarterly dividend of $0.08 per share on its common stock. The dividend is payable on September 26, 2024 to stockholders of record at the close of business on September 6, 2024. Valhi operates in three main industries: chemicals (TiO2), component products (security products and recreational marine components), and real estate management and development. This regular dividend announcement demonstrates the company's commitment to providing consistent returns to its shareholders.
Valhi, Inc. (NYSE: VHI) reported net income of $19.9 million, or $.70 per share, in Q2 2024, compared to a net loss of $3.2 million in Q2 2023. For H1 2024, net income was $27.7 million, up from a $9.0 million loss in H1 2023. The improvement was primarily due to higher operating results from the Chemicals Segment.
The Chemicals Segment's net sales increased 13% to $500.5 million in Q2 2024, driven by 29% higher TiO2 sales volumes, partially offset by lower average selling prices. Operating income for the segment was $40.5 million in Q2 2024, compared to a $2.6 million loss in Q2 2023.
The Component Products Segment saw a slight decrease in net sales, while the Real Estate Management and Development Segment experienced lower sales due to delays in obtaining city permits.
On May 23, 2024, Valhi (NYSE: VHI) announced its board approved a quarterly dividend of $0.08 per share, payable on June 27, 2024, to shareholders of record on June 10, 2024.
At the same time, the company held its annual stockholder meeting, where shareholders elected seven directors for a one-year term and approved executive compensation on a nonbinding advisory basis. The directors elected include Thomas E. Barry, Loretta J. Feehan, Terri L. Herrington, W. Hayden McIlroy, Gina A. Norris, Michael S. Simmons, and Mary A. Tidlund.
Valhi operates in the chemicals, component products, and real estate management and development sectors.
Valhi, Inc. (NYSE: VHI) reported net income of $7.8 million in Q1 2024 compared to a loss of $4.9 million in Q1 2023. The Chemicals Segment's sales increased by 12% due to higher demand for TiO2, despite lower selling prices. The Component Products Segment saw a decrease in sales, while the Real Estate Segment experienced lower land sales revenue. Overall, operating income improved for the Chemicals Segment but decreased for the other segments.
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