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VHI — Valhi News Story

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Valhi Inc Q4 net loss widens on weak chemicals segment performance

Corrects headline and first Overview bullet to say the company swung to net loss, not net loss widened

Overview

U.S. chemicals and real estate firm's Q4 revenue rose 3% yr/yr, swung to net loss

Company posted Q4 operating loss, driven by lower TiO2 prices and reduced production rates

Net loss includes non-cash tax expense and workforce reduction costs in Chemicals segment

Outlook

Company did not provide specific guidance or forecasts for the current or future periods in press release

Result Drivers

LOWER TiO2 PRICES - Chemicals segment sales and operating income fell due to lower average TiO2 selling prices

REDUCED PRODUCTION RATES - Higher unabsorbed fixed production costs from lower operating rates at Chemicals segment facilities weighed on results

WORKFORCE REDUCTION COSTS - Chemicals segment incurred costs related to workforce reduction initiatives

Company press release: ID:nGNX5MsHSC

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 Sales$494.5 mln
Q4 EPS-$1.86
Q4 Net Income-$63.3 mln
Q4 Operating Income-$30.9 mln
Q4 Pretax Profit-$81.7 mln
Analyst Coverage The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 4 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (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.)

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