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Stock impact report

Kronos Worldwide Inc Reports Mixed Results for Q4 and Full Year 2023 [Yahoo! Finance]

Kronos Worldwide Inc (KRO) 
Last kronos worldwide inc earnings: 3/11 04:15 pm Check Earnings Report
US:NYSE Investor Relations: kronostio2.com/investor-relations
Company Research Source: Yahoo! Finance
Net Sales : Q4 net sales increased by 17% year-over-year, while full year sales dropped by 14%. TiO2 Segment : Q4 segment loss reduced to $1.3 million; full year segment loss was $39.8 million. EBITDA : Q4 EBITDA turned positive at $6.9 million; full year EBITDA was negative at $(7.2) million. Production Volumes : Q4 production volumes up by 15% year-over-year; full year down by 19%. Warning! GuruFocus has detected 5 Warning Signs with KRO. On March 6, 2024, Kronos Worldwide Inc ( NYSE:KRO ) released its 8-K filing , detailing its financial performance for the fourth quarter and full year of 2023. The company, a leading manufacturer and seller of titanium dioxide pigments, faced a challenging year with a net loss of $49.1 million for the full year, a stark contrast to the net income of $104.5 million in the previous year. However, the fourth quarter showed signs of improvement with a reduced net loss of $5.3 million compared to the fourth quarter of 2022. Kronos Worldwide Show less Read more
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