Welcome to our dedicated page for Tronox Holdings Plc news (Ticker: TROX), a resource for investors and traders seeking the latest updates and insights on Tronox Holdings Plc stock.
Tronox Holdings plc (NYSE: TROX) is described as one of the world’s leading integrated manufacturers of titanium dioxide (TiO2) pigment and related titanium products. News about Tronox often centers on its TiO2 pigment, specialty-grade titanium dioxide products, high-purity titanium chemicals and zircon, as well as its vertically integrated mining and processing operations.
Investors following TROX news can expect regular updates on quarterly financial results, where the company discusses revenue trends, TiO2 and zircon volumes and pricing, production costs, and cash flow. These earnings releases also describe operational actions such as idling or adjusting pigment plants, smelter furnaces and mines to align production with market conditions, and progress on cost improvement programs aimed at sustainable savings.
Tronox news also highlights capital structure and financing developments, including offerings of senior secured notes and related use of proceeds to refinance revolving credit facilities and support general corporate purposes. Dividend declarations by the Board of Directors, including changes in dividend levels, are another recurring topic in the company’s announcements.
A growing area of focus in Tronox’s news flow is its rare earth elements strategy. The company has reported non-binding and conditional letters of support or interest from Export Finance Australia and the Export-Import Bank of the United States for potential financing to develop a rare earth supply chain, as well as studies and proposed facilities in Western Australia to produce mixed rare earth carbonate. Tronox has also disclosed an equity interest in Lion Rock Minerals to support access to monazite and rutile resources.
For readers tracking TROX, this news page aggregates these types of updates so they can monitor financial performance, operational decisions, financing activities and the evolution of Tronox’s titanium and rare earth initiatives over time.
Tronox Holdings plc (NYSE: TROX) has announced the schedule for its first quarter 2023 earnings release and conference call. The earnings release is set for April 26, 2023, after market close, followed by a webcast conference call on April 27, 2023, at 8:00 AM ET. The live call will be accessible to the public via internet and telephone, with replay options available from April 27 at 11:00 AM EDT until May 4, 2023, at 11:59 PM EDT. Tronox, a leading producer of titanium products, operates with approximately 6,500 employees globally and showcases a strong vertical integration in its operations. Investors can find further details on the company’s website.
Tronox Holdings plc (NYSE: TROX) announced a quarterly dividend of $0.125 per share, payable on April 6, 2023, to shareholders of record by March 6, 2023. The company, a leading producer of titanium dioxide pigment and related products, has a strong operational presence with around 6,500 employees globally. Tronox's vertical integration and expertise in titanium products position it well in the market. This dividend marks a commitment to returning value to shareholders and reflects the company's ongoing financial stability.
Tronox reported Q4 2022 results with revenue of $649 million, down 27% year-over-year, primarily due to lower sales volumes in the titanium dioxide (TiO2) and zircon segments. The company posted a net loss of $14 million and an Adjusted EBITDA of $113 million, a 52% decline from the previous year. Despite the challenges, free cash flow reached $126 million, exceeding expectations due to improved cash management. For Q1 2023, Tronox anticipates Adjusted EBITDA between $120 million and $130 million, reflecting ongoing supply chain issues and prior operational challenges. Full-year revenue was $3,454 million with net income of $500 million.
Tronox Holdings plc (NYSE: TROX) has announced its schedule for the fourth quarter 2022 earnings release and webcast conference call. The earnings release is set for February 15, 2023, after market close, accessible via PR Newswire and the company's website. A live conference call will follow on February 16, 2023, at 8:00 a.m. ET. Interested parties can join via internet or telephone, with details provided for dial-in access. The replay of the call will be available from February 16 until February 21, 2023. Tronox is a leading producer of titanium products, emphasizing its global operational reach and vertical integration.
Tronox Holdings plc (NYSE: TROX) announced the retirement of CFO Tim Carlson effective April 1, 2023, with John Srivisal succeeding him. Carlson joined Tronox in October 2016 and played a crucial role in the company's transformation and financial strength. Srivisal, who has been with the company since March 2018, has extensive finance experience, including previous leadership in business development and financial planning. The transition aims to maintain the company’s robust financial strategy and shareholder value in a competitive market.
Tronox Holdings plc (NYSE: TROX) has declared a quarterly dividend of $0.125 per share, set to be paid on December 16, 2022. Shareholders of record as of November 14, 2022 will be eligible to receive this dividend. This announcement underscores the company's commitment to returning value to its shareholders. Tronox is a leading manufacturer of titanium dioxide pigment and operates across various continents, employing approximately 6,500 people.
Tronox Holdings (TROX) reported Q3 2022 revenue of $895 million, a 3% year-over-year increase, driven by higher prices of titanium dioxide (TiO2), zircon, and pig iron. Net income rose 9% to $123 million, with GAAP diluted EPS of $0.77. Adjusted EBITDA was $247 million with a margin of 27.6%. Despite challenges, Tronox expects Q4 adjusted EBITDA of $140-$170 million due to anticipated 25-30% decline in TiO2 volumes from customer destocking. Full-year free cash flow is projected to exceed $150 million.
Tronox Holdings plc (NYSE: TROX) will release its third-quarter 2022 earnings on October 26, 2022, after market close. The results will be available via PR Newswire and the company website. A webcast conference call is scheduled for October 27, 2022, at 8:00 a.m. ET, and will be accessible to the public. Conference call presentation slides will also be provided. The replay of the call will be available from October 27 until November 1, 2022. Tronox specializes in high-quality titanium products, enhancing paints, plastics, and paper.
Tronox Holdings plc (NYSE:TROX) has revised its third quarter 2022 outlook, expecting Adjusted EBITDA to be between $240 and $255 million, down from the prior range of $275 to $295 million. This adjustment is attributed to lower-than-expected TiO2 sales volumes and rising energy costs in Europe. While demand remains stable in North and Latin America, macroeconomic conditions have softened demand in Europe, the Middle East, Africa, and Asia Pacific. Tronox continues to focus on cost management and operational efficiency amidst these challenges.
Tronox Holdings plc (NYSE: TROX) declared a quarterly dividend of $0.125 per share, set to be paid on September 16, 2022. Shareholders must be on record by the close of business on August 15, 2022. As a leading integrated manufacturer of titanium dioxide pigment, Tronox operates across six continents with about 6,500 employees. The company emphasizes its rich diversity and vertical integration model, strengthening its position in the titanium dioxide market.