Kronos Worldwide inc (KRO) |
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Price: $11.2700
$0.06
0.535%
|
Day's High:
| $11.37
| Week Perf:
| 2.36 %
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Day's Low: |
$ 10.85 |
30 Day Perf: |
33.22 % |
Volume (M): |
516 |
52 Wk High: |
$ 11.66 |
Volume (M$): |
$ 5,814 |
52 Wk Avg: |
$8.72 |
Open: |
$11.14 |
52 Wk Low: |
$6.16 |
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Market Capitalization (Millions $) |
1,287 |
Shares
Outstanding (Millions) |
114 |
Employees |
2,260 |
Revenues (TTM) (Millions $) |
1,666 |
Net Income (TTM) (Millions $) |
-49 |
Cash Flow (TTM) (Millions $) |
-266 |
Capital Exp. (TTM) (Millions $) |
47 |
Kronos Worldwide Inc
Kronos Worldwide, Inc. (NYSE: KRO) (Kronos), a Delaware corporation, is a leading
global producer and marketer of value-added titanium dioxide pigments, or TiO2,
a base industrial product used in a wide range of applications. We, along with
our distributors and agents, sell and provide technical services for our products
to approximately 4,000 customers in 100 countries with the majority of sales
in Europe and North America. We believe we have developed considerable expertise
and efficiency in the manufacture, sale, shipment and service of our products
in domestic and international markets.
TiO2 is a white inorganic pigment used in a wide range of products for its
exceptional durability and its ability to impart whiteness, brightness and opacity.
TiO2 is a critical component of everyday applications, such as coatings, plastics
and paper, as well as many specialty products such as inks, food and cosmetics.
TiO2 is widely considered to be superior to alternative white pigments in large
part due to its hiding power (or opacity), which is the ability to cover or
mask other materials effectively and efficiently. TiO2 is designed, marketed
and sold based on specific end-use applications.
TiO2 is the largest commercially used whitening pigment because it has a high
refractive rating, giving it more hiding power than any other commercially produced
white pigment. In addition, TiO2 has excellent resistance to interaction with
other chemicals, good thermal stability and resistance to ultraviolet degradation.
Although there are other white pigments on the market, we believe there are
no effective substitutes for TiO2 because no other white pigment has the physical
properties for achieving comparable opacity and brightness or can be incorporated
in as cost-effective a manner. Pigment extenders such as kaolin clays, calcium
carbonate and polymeric opacifiers are used together with TiO2 in a number of
end-use markets. However, these products are not able to duplicate the opacity
performance characteristics of TiO2 and we believe these products are unlikely
to have a significant impact on the use of TiO2.
TiO2 is considered a “quality-of-life” product. Demand for TiO2
has generally been driven by worldwide gross domestic product and has generally
increased with rising standards of living in various regions of the world. According
to industry estimates, TiO2 consumption has grown at a compound annual growth
rate of approximately 3% since 1990. Per capita consumption of TiO2 in Western
Europe and the United States far exceeds that in other areas of the world, and
these regions are expected to continue to be the largest consumers of TiO2 on
a per capita basis. We believe that Western Europe and North America currently
account for approximately 20% and 17% of global TiO2 consumption, respectively.
Markets for TiO2 are generally increasing in South America, Eastern Europe,
the Asia Pacific region and China and we believe these are significant markets
where we expect continued growth as economies in these regions continue to develop
and quality-of-life products, including TiO2, experience greater demand.
At December 31, 2016, approximately 50% of our common stock was owned by Valhi,
Inc. (NYSE: VHI) and approximately 30% was owned by a wholly-owned subsidiary
of NL Industries, Inc. (NYSE: NL). Valhi also owns approximately 83% of NL Industries’
outstanding common stock. A wholly-owned subsidiary of Contran Corporation held
approximately 93% of Valhi’s outstanding common stock. As discussed in
Note 1 to our Consolidated Financial Statements, Lisa K. Simmons and Serena
Simmons Connelly may be deemed to control Contran, Valhi, NL and us.
Company Address: 5430 LBJ Freeway Dallas 75240 TX
Company Phone Number: 233-1700 Stock Exchange / Ticker: NYSE KRO
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Customers Net Income fell by |
KRO's Customers Net Profit Margin grew to |
-23.81 % |
12.63 %
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Stock Performances by Major Competitors |
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Kronos Worldwide Inc
Kronos Worldwide Inc, a Chemical Manufacturing company, has recently reported its financial results for the fourth quarter of 2023. The company's revenue surged substantially by over 16%, despite the majority of its industry peers experiencing a decline. Although Kronos Worldwide Inc faced a net loss, the company has implemented cost reduction initiatives and strategies to improve its long-term cost structure and preserve liquidity. Furthermore, the declaration of a quarterly dividend demonstrates the company's commitment to rewarding its shareholders. This article will explore the potential implications of these financial results on Kronos Worldwide Inc's future prospects. Positive Revenue Growth: One of the most striking aspects of Kronos Worldwide Inc's financial results is its impressive revenue growth. Despite facing headwinds in the Chemical Manufacturing industry, where many companies witnessed declining top-line figures, Kronos Worldwide Inc remarkably increased its revenue by over 16% compared to the previous reporting season. Such robust growth highlights the company's ability to outperform its peers and suggests a strong demand for its products.
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Dividend
Published Wed, Feb 21 2024 9:15 PM UTC
DALLAS, TEXAS, Feb. 21, 2024 - Kronos Worldwide, Inc. (NYSE: KRO) has recently declared a regular quarterly dividend of nineteen cents ($0.19) per share on its common stock. This significant announcement has brought a much-needed positive outlook for shareholders amidst recent declining market trends. The dividend payout, payable on March 14, 2024, marks a reas...
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Announcement
Published Tue, Feb 6 2024 12:03 AM UTC
Global chemical manufacturing titan, Kronos Worldwide, Inc. (NYSE: KRO) has revealed the preliminary results of its ongoing exchange offer and consent solicitation. This information, which pertains to their subsidiary, Kronos International, Inc., puts the spotlight on dynamics surrounding their existing and proposed senior secured notes. This offer, released to the public on...
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Kronos Worldwide Inc
The stock market is always full of ups and downs, and it's important for investors to stay informed about the latest news and trends. Today, we bring positive news about Kronos Worldwide, Inc. (NYSE: KRO), a reputable manufacturer of titanium dioxide pigments and other chemical products. For the interval of July to September 2023, Kronos Worldwide Inc posted a loss per stock of $-0.18 per share, which is a decrease compared to $0.18 per share a year ago. Despite this, it's worth noting that the company has managed to reduce its loss from $-0.07 per share from the previous reporting period. While the revenue has declined by -13.751% to $396.40 million from $459.60 million in the same reporting period a year ago, it is important to note that revenue sequentially deteriorated by -10.56% from $443.20 million.
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Dividend
Published Wed, Oct 25 2023 8:15 PM UTC
Kronos Worldwide, Inc. Declares Quarterly Dividend Amidst Positive Stock Performance Dallas, Texas - October 25, 2023 - Kronos Worldwide, Inc. (NYSE: KRO), a leading manufacturer of titanium dioxide pigments and other chemical products, has recently announced its board of directors' decision to declare a regular quarterly dividend of nineteen cents ($0.19) per share on i...
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Per Share |
Current |
Earnings (TTM) |
-1.01 $ |
Revenues (TTM) |
14.59 $
|
Cash Flow (TTM) |
- |
Cash |
1.72 $
|
Book Value |
7.08 $
|
Dividend (TTM) |
190.51 $ |
|
Per Share |
|
Earnings (TTM) |
-1.01 $
|
Revenues (TTM) |
14.59 $ |
Cash Flow (TTM) |
- |
Cash |
1.72 $
|
Book Value |
7.08 $ |
Dividend (TTM) |
190.51 $ |
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