Brief: Kronos Worldwide Q2 Sales USD 494.4 Million

Kronos Worldwide

06/08/2025 21:15

Overview

Kronos Worldwide Q2 net loss of $9.2 mln vs net income last year

The producer of titanium dioxide pigments posts Q2 sales of $494.4 mln, missing street view, per LSEG data

Segment profit decreased due to lower production volumes and currency fluctuations

Outlook

Company cites global uncertainty impacting TiO2 market recovery

Kronos Worldwide notes geopolitical tensions affecting sales volumes

Company highlights trade policy uncertainties impacting pricing momentum

Kronos Worldwide sees continued challenges from currency fluctuations

Result Drivers

LOWER PRODUCTION VOLUMES - Net income decreased due to lower production volumes and reduced absorption of fixed production costs, as stated by the company

SALES DECLINE - Q2 sales fell 1% from the previous year, driven by lower average TiO2 selling prices, changes in product mix, and reduced export market sales volumes, partially offset by higher North American sales volumes

INCREASED COSTS - Higher unabsorbed fixed costs and increased distribution and warehousing expenses due to higher finished goods inventory impacted net income for the first half of 2025

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Miss
$494.40 mln
$504.70 mln (2 Analysts)
Q2 EPS
-$0.08
Q2 Net Income
-$9.20 mln
Q2 Operating Income
$7.40 mln
Q2 Pretax Profit
-$5.70 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the commodity chemicals peer group is "buy."

Wall Street's median 12-month price target for Kronos Worldwide Inc is $8.00, about 31.3% above its August 5 closing price of $5.50

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nGNX1BNBD5

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)