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Tronox(TROX) - 2025 Q1 - Quarterly Results
2025-05-01 14:12
[Financial & Operational Highlights](index=1&type=section&id=First%20Quarter%202025%20Financial%20Highlights) Tronox reported Q1 2025 revenue of $738 million, a significant net loss, and maintained full-year guidance with new cost savings Q1 2025 Financial Performance Summary | Financial Metric | Q1 2025 (Millions USD) | Change vs Q4 2024 | Change vs Q1 2024 | | :--- | :--- | :--- | :--- | | Revenue | $738 | +9% | -5% | | Net Loss | ($111) | n/m | n/m | | GAAP Diluted EPS | ($0.70) | n/m | n/m | | Adjusted Net Loss | ($24) | n/m | n/m | | Adjusted Diluted EPS | ($0.15) | n/m | n/m | | Adjusted EBITDA | $112 | -13% | -15% | | Adjusted EBITDA Margin | 15.2% | -390 basis points | -170 basis points | - The net loss includes **$87 million** in restructuring and other charges, primarily non-cash costs associated with the idling of the Company's Botlek pigment plant[3](index=3&type=chunk) - The company has initiated actions expected to deliver **$125-$175 million** in sustainable, run-rate cost improvements by the end of 2026[3](index=3&type=chunk)[6](index=6&type=chunk) - Full-year 2025 guidance is maintained for Revenue (**$3.0-3.4 billion**), Adjusted EBITDA (**$525-625 million**), and free cash flow (**>$50 million**), while capital expenditures are reduced to less than **$365 million**[3](index=3&type=chunk)[16](index=16&type=chunk) [CEO's Remarks](index=2&type=section&id=CEO's%20Remarks) The CEO noted stronger TiO2 demand, weaker Zircon sales, and strategic actions to enhance cost position and cash flow - TiO2 demand saw a stronger than normal seasonal uplift, led by Europe where sales volumes recovered to levels not seen since Q2 2021 following the finalization of anti-dumping duties[5](index=5&type=chunk) - Zircon sales were lower as anticipated due to weaker overall demand, primarily in China[5](index=5&type=chunk) - Strategic actions to improve performance include idling the Botlek pigment plant, which is expected to improve 2025 free cash flow and deliver over **$30 million** in cost improvements from 2026 onwards[6](index=6&type=chunk) - Capital expenditures are focused on completing South Africa mining projects, which are expected to improve the mining cost profile by **$50-60 million** from 2025 to 2026[6](index=6&type=chunk) - The company continues to advocate for anti-dumping tariffs in Brazil, India, and Saudi Arabia to combat competitive pressures[7](index=7&type=chunk) [Detailed Financial Performance](index=3&type=section&id=First%20Quarter%202025%20Results) Q1 2025 revenue decreased 5% to $738 million, resulting in a $111 million net loss and a 15% decline in Adjusted EBITDA [Revenue Analysis](index=3&type=section&id=Revenue%20Analysis) TiO2 revenue was $584 million, down 3% YoY but up 10% QoQ, while Zircon revenue dropped 22% to $69 million Q1 2025 Revenue by Product | Product | Q1 2025 Revenue (Millions USD) | YoY Change | QoQ Change | Key Drivers (YoY) | | :--- | :--- | :--- | :--- | :--- | | TiO2 | $584 | -3% | +10% | -1% volume, -1% price/mix, -1% FX | | Zircon | $69 | -22% | -8% | -15% volume, -7% price/mix | | Other Products | $85 | +5% | +25% | Higher sales volumes of pig iron and ilmenite | [Profitability Analysis](index=3&type=section&id=Profitability%20Analysis) Profitability declined with a GAAP net loss of $111 million due to restructuring, and Adjusted EBITDA fell 15% to $112 million Q1 Profitability Metrics | Profitability Metric | Q1 2025 (Millions USD) | Q1 2024 (Millions USD) | | :--- | :--- | :--- | | Net Loss Attributable to Tronox | ($111) | ($9) | | GAAP Diluted Loss Per Share | ($0.70) | ($0.06) | | Adjusted Net Loss (Non-GAAP) | ($24) | ($7) | | Adjusted Diluted Loss Per Share (Non-GAAP) | ($0.15) | ($0.05) | - Adjusted EBITDA decreased **15%** YoY to **$112 million**, driven by lower sales volumes, lower average selling prices, higher freight costs, and FX headwinds, partially offset by lower production and corporate costs[12](index=12&type=chunk) - Sequentially, Adjusted EBITDA decreased **13%** due to higher production costs, lower prices, and higher corporate costs, partially offset by higher sales volumes[13](index=13&type=chunk) [Financial Position and Cash Flow](index=4&type=section&id=Balance%20Sheet%2C%20Cash%20Flow%20and%20Capital%20Allocation) Tronox ended Q1 with **$3.0 billion** total debt and **5.2x** net leverage, maintaining solid liquidity, with free cash flow as a **$142 million** use Financial Position Summary | Metric | As of March 31, 2025 (Millions USD) | | :--- | :--- | | Total Debt | $3,000 | | Net Debt | $2,800 | | Available Liquidity | $443 | | Net Leverage Ratio (TTM) | 5.2x | - The next significant debt maturity for the Company is not until 2029[14](index=14&type=chunk) - Free cash flow for the quarter was a use of **$142 million**, driven by capital expenditures of **$110 million**[15](index=15&type=chunk)[37](index=37&type=chunk) [Full-Year 2025 Outlook](index=4&type=section&id=Outlook) Tronox reaffirmed full-year 2025 guidance for revenue, Adjusted EBITDA, and free cash flow, expecting stronger second-half performance 2025 Full-Year Guidance Summary | 2025 Full-Year Guidance | Value (Millions USD) | | :--- | :--- | | Revenue | $3,000 - $3,400 | | Adjusted EBITDA | $525 - $625 | | Capital Expenditures | < $365 (Reduced) | | Free Cash Flow | > $50 | - The company expects the second half of 2025 to be stronger than the first, building on momentum from anti-dumping measures in Europe and potential benefits in India and Brazil[16](index=16&type=chunk) - A sustainable, run-rate cost improvement program is expected to deliver **$125-$175 million** in savings by the end of 2026, with the majority of savings realized in 2026[16](index=16&type=chunk) [Appendix: Financial Statements & Reconciliations](index=8&type=section&id=Appendix%3A%20Financial%20Statements%20%26%20Reconciliations) This appendix provides detailed unaudited Q1 2025 financial statements and reconciliations of non-GAAP measures to U.S. GAAP [Condensed Consolidated Statements of Operations (U.S. GAAP)](index=8&type=section&id=CONDENSED%20CONSOLIDATED%20STATEMENTS%20OF%20OPERATIONS%20%28U.S.%20GAAP%29) For Q1 2025, Tronox reported net sales of $738 million, a $61 million operating loss, and a $111 million net loss ($0.70 per share) Condensed Consolidated Statements of Operations | (In Millions USD) | Three Months Ended March 31, 2025 | Three Months Ended March 31, 2024 | | :--- | :--- | :--- | | Net sales | $738 | $774 | | Gross profit | $99 | $120 | | (Loss) Income from operations | $(61) | $41 | | Net loss attributable to Tronox | $(111) | $(9) | | Diluted loss per share | $(0.70) | $(0.06) | [Condensed Consolidated Balance Sheets (U.S. GAAP)](index=10&type=section&id=CONDENSED%20CONSOLIDATED%20BALANCE%20SHEETS) Tronox reported total assets of **$6.07 billion**, liabilities of **$4.36 billion**, and equity of **$1.71 billion** Condensed Consolidated Balance Sheets | (In Millions USD) | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Total current assets | $2,193 | $2,155 | | Total assets | $6,069 | $6,038 | | Total current liabilities | $961 | $874 | | Total liabilities | $4,363 | $4,247 | | Total equity | $1,706 | $1,791 | [Consolidated Statements of Cash Flows (U.S. GAAP)](index=11&type=section&id=CONSOLIDATED%20STATEMENTS%20OF%20CASH%20FLOWS) Q1 2025 cash flows show $32 million used in operations, $95 million in investing, and a $14 million net decrease in cash Consolidated Statements of Cash Flows | (In Millions USD) | Three Months Ended March 31, 2025 | | :--- | :--- | | Cash used in operating activities | $(32) | | Cash used in investing activities | $(95) | | Cash provided by financing activities | $108 | | Net decrease in cash | $(14) | | Cash at end of period | $138 | [Reconciliation of Non-U.S. GAAP Financial Measures](index=9&type=section&id=RECONCILIATION%20OF%20NON-U.S.%20GAAP%20FINANCIAL%20MEASURES) This section details adjustments to reconcile U.S. GAAP to non-GAAP measures, including Adjusted Net Loss, Adjusted EBITDA, and Free Cash Flow - Reconciliation from GAAP Net Loss to Adjusted Net Loss for Q1 2025 shows a primary adjustment of **+$86 million** for restructuring charges, leading to an Adjusted Net Loss of **$(24) million**[24](index=24&type=chunk)[25](index=25&type=chunk) - Reconciliation from GAAP Net Loss to Adjusted EBITDA for Q1 2025 includes adding back interest, taxes, D&A, and an **$86 million** restructuring charge, resulting in an Adjusted EBITDA of **$112 million**[30](index=30&type=chunk)[34](index=34&type=chunk) - Free Cash Flow for Q1 2025 is calculated by taking cash used in operating activities (**$(32) million**) and subtracting capital expenditures (**$(110) million**), resulting in a free cash flow of **$(142) million**[37](index=37&type=chunk)
Tronox(TROX) - 2025 Q1 - Earnings Call Transcript
2025-05-01 14:02
Financial Data and Key Metrics Changes - The company generated revenue of $738 million, an increase of 9% sequentially, primarily driven by higher TiO2 sales volumes [10] - Loss from operations was $61 million, with a net loss of $111 million, including $87 million of restructuring and other charges [11] - Adjusted EBITDA was $112 million, representing a 15% decline year on year, with an adjusted EBITDA margin of 15.2% [11][14] - Free cash flow was a use of $142 million, including $110 million of capital expenditures [11] Business Line Data and Key Metrics Changes - TiO2 revenues decreased 3% year over year, driven by a 1% decrease in sales volumes and unfavorable exchange rates, but increased 10% sequentially due to higher seasonal demand [12] - Zircon revenues decreased 22% compared to the prior year, driven by a 15% decrease in sales volume and a 7% decrease in price [12] - Revenue from other products increased 5% year over year and 25% sequentially due to higher sales of pig iron and opportunistic sales of ilmenite [12] Market Data and Key Metrics Changes - Europe experienced a stronger than normal seasonal demand uplift in TiO2 volumes, with a 12% increase from Q4 2024 [7] - North America also saw stronger seasonal trends, while competitive activity in Latin America, the Middle East, and Asia exerted pressure on sales [8] - The company is beginning to see benefits from antidumping duties finalized in the EU in January, resulting in sales volumes recovering to levels not seen since Q2 2021 in Europe [7] Company Strategy and Development Direction - The company is focusing on strategic actions to manage costs and improve operational efficiency, including idling the Batlik pigment plant in the Netherlands [9][18] - A cost improvement program was introduced, targeting sustainable run rate cost improvements of $125 million to $175 million by the end of 2026 [20] - The company aims to maintain its position as a leading vertically integrated titanium mining and upgrading producer [19] Management's Comments on Operating Environment and Future Outlook - The management highlighted ongoing macroeconomic challenges, including inflation and high interest rates, impacting housing markets and consumer sentiment [18] - The company maintains its guidance for 2025, expecting revenue in the range of $3 billion to $3.4 billion and adjusted EBITDA between $525 million and $625 million [23] - Management anticipates stronger performance in the second half of 2025, driven by expected improvements in pigment and zircon volumes [23] Other Important Information - The company ended the quarter with total debt of $3 billion and net debt of $2.8 billion, with a net leverage ratio of 5.2 times [14][15] - Capital expenditures totaled $110 million, with approximately 49% allocated to maintenance and safety and 51% to strategic projects [17] - The company declared a dividend of $0.0125 per share in the first quarter [17] Q&A Session Summary Question: Update on TiO2 volume growth expectations - Management expects a lift in TiO2 demand driven by antidumping duties in Europe and anticipated duties in India and Brazil [30][31] Question: Average utilization rate for TiO2 production - Historically, operating rates were above 80%, and management expects to maintain or exceed those rates [33] Question: European growth size in the quarter - European growth was double the normal rate from Q4 to Q1, indicating significant demand recovery [38] Question: Outlook for zircon market - Management expects measured growth in zircon, with only about 5% growth anticipated year over year [44] Question: Impact of Batlik closure on inventory and cash flow - The closure is expected to generate significant cash flow, with inventory levels decreasing over time [49] Question: Production costs and improvements - Management anticipates improved production costs in the second half of the year due to operational efficiencies and the shutdown of the Batlik plant [56][58] Question: Antidumping duties in India and Brazil - Management sees significant opportunities in India and Brazil, with expectations of increased market share as duties are finalized [62][64]
Tronox(TROX) - 2025 Q1 - Earnings Call Transcript
2025-05-01 14:02
Financial Data and Key Metrics Changes - The company generated revenue of $738 million, an increase of 9% sequentially, primarily driven by higher TiO2 sales volumes [10] - Loss from operations was $61 million, with a net loss of $111 million, including $87 million of restructuring and other charges [11] - Adjusted EBITDA was $112 million, representing a 15% decline year on year, with an adjusted EBITDA margin of 15.2% [11][14] - Free cash flow was a use of $142 million, including $110 million of capital expenditures [11] Business Line Data and Key Metrics Changes - TiO2 revenues decreased 3% year over year, driven by a 1% decrease in sales volumes and unfavorable exchange rates, but increased 10% sequentially due to higher seasonal demand [12] - Zircon revenues decreased 22% compared to the prior year, driven by a 15% decrease in sales volume and a 7% decrease in price [12] - Revenue from other products increased 5% year over year and 25% sequentially due to higher sales of pig iron and opportunistic sales of ilmenite [12] Market Data and Key Metrics Changes - Europe experienced a stronger than normal seasonal demand uplift in TiO2 volumes, with a 12% increase from Q4 2024 [7] - North America also saw stronger seasonal trends, while competitive activity in Latin America, the Middle East, and Asia exerted pressure on sales [8] - The company is beginning to see benefits from antidumping duties finalized in the EU in January, resulting in sales volumes recovering to levels not seen since Q2 2021 in Europe [7] Company Strategy and Development Direction - The company is focusing on strategic actions to manage costs and improve operational efficiency, including idling the Batlik pigment plant in the Netherlands [9][18] - A cost improvement program was introduced, targeting sustainable run rate cost improvements of $125 million to $175 million by the end of 2026 [20] - The company aims to maintain its position as a leading vertically integrated titanium mining and upgrading producer [19] Management's Comments on Operating Environment and Future Outlook - The management highlighted ongoing macroeconomic challenges, including inflation and high interest rates, impacting housing markets and consumer sentiment [18] - The company maintains its guidance for 2025, expecting revenue in the range of $3 billion to $3.4 billion and adjusted EBITDA between $525 million and $625 million [23] - Management anticipates stronger performance in the second half of 2025, driven by expected improvements in pigment and zircon volumes [23] Other Important Information - The company ended the quarter with total debt of $3 billion and net debt of $2.8 billion, with a net leverage ratio of 5.2 times [14] - Capital expenditures totaled $110 million in the quarter, with approximately 49% allocated to maintenance and safety and 51% to strategic projects [17] - The company declared a dividend of $0.0125 per share in the first quarter [17] Q&A Session Summary Question: Update on TiO2 volume growth expectations - Management expects TiO2 demand growth driven by antidumping duties in Europe and anticipated duties in India and Brazil [30][31] Question: Average utilization rate for TiO2 production - Historically, operating rates were above 80%, and management expects to maintain or exceed those rates [33] Question: European growth size in the quarter - European growth was double the normal rate from Q4 to Q1, indicating significant demand recovery [38] Question: Outlook for zircon market - Management expects measured growth in zircon, with only about 5% growth anticipated year over year [44] Question: Impact of Batlik closure on inventory and cash flow - The closure is expected to generate significant cash flow and help reduce inventory levels over time [51] Question: Pricing momentum in the second half of the year - Management is seeing pricing increases in Europe and anticipates flat to slightly up pricing in Q2 [82] Question: Antidumping duties in India and Brazil - Management expects significant opportunities in India and Brazil once antidumping duties are finalized [64][66] Question: CapEx reduction explanation - The reduction in CapEx guidance was partially related to the Batlik closure and managing other projects [94][95]
Tronox(TROX) - 2025 Q1 - Earnings Call Transcript
2025-05-01 13:00
Financial Data and Key Metrics Changes - The company generated revenue of $738 million, an increase of 9% sequentially, primarily driven by higher TiO2 sales volumes [10] - The loss from operations was $61 million, with a net loss of $111 million, which included $87 million of restructuring and other charges [11] - Adjusted EBITDA was $112 million, representing a 15% decline year on year, with an adjusted EBITDA margin of 15.2% [11][14] - Free cash flow was a use of $142 million, including $110 million of capital expenditures [11] Business Line Data and Key Metrics Changes - TiO2 revenues decreased 3% year over year, driven by a 1% decrease in sales volumes and unfavorable exchange rates, but increased 10% sequentially due to higher seasonal demand [12] - Zircon revenues decreased 22% compared to the prior year, driven by a 15% decrease in sales volume and a 7% decrease due to price [12] - Revenue from other products increased 5% year over year and 25% sequentially due to higher sales of pig iron and opportunistic sales of ilmenite [12] Market Data and Key Metrics Changes - Europe experienced a stronger than normal seasonal demand uplift in TiO2 volumes, with a 12% increase from Q4 2024 [6] - North America also saw stronger seasonal trends, while competitive activity in Latin America, the Middle East, and Asia exerted pressure on sales [7] - Zircon sales were lower both year over year and sequentially due to a slower start in China [7] Company Strategy and Development Direction - The company is focusing on strategic actions to manage costs and improve operational efficiency, including the idling of the Batlik pigment plant in the Netherlands [8][17] - A cost improvement program was introduced, targeting sustainable run rate cost improvements of $125 million to $175 million by the end of 2026 [19] - The company aims to maintain its position as a leading vertically integrated titanium mining and upgrading producer [20] Management's Comments on Operating Environment and Future Outlook - The management highlighted ongoing macroeconomic challenges, including inflation and high interest rates, impacting housing markets and consumer sentiment [17] - The company maintains its guidance for 2025, expecting revenue in the range of $3 billion to $3.4 billion and adjusted EBITDA between $525 million and $625 million [22] - The management anticipates stronger performance in the second half of 2025, driven by expected improvements in pigment and zircon volumes [22] Other Important Information - The company ended the quarter with total debt of $3 billion and net debt of $2.8 billion, with a net leverage ratio of 5.2 times [14] - Capital expenditures totaled $110 million in the quarter, with approximately 49% allocated to maintenance and safety and 51% to strategic projects [16] - The company declared a dividend of $0.0125 per share in the first quarter [16] Q&A Session Summary Question: Update on TiO2 volume growth expectations - Management expects a lift in TiO2 demand driven by antidumping duties in Europe and anticipated duties in India and Brazil [29][30] Question: Average utilization rate for TiO2 production - Historically, operating rates were above 80%, and management expects to maintain or exceed those rates [32] Question: European growth size in the quarter - European growth was double the normal rate, significantly influenced by reduced Chinese exports [37] Question: Outlook for zircon markets - Management anticipates only about 5% growth in zircon year over year, with a more balanced growth expected [42] Question: Impact of Batlik closure on inventory and cash flow - The closure is expected to generate significant cash flow and help reduce inventory levels over time [48] Question: Production costs and improvements - Management expects improved production costs in the second half of the year due to better fixed cost absorption and the impact of the Batlik closure [56] Question: Antidumping measures in India and Brazil - Management sees significant opportunities in India and Brazil, with expectations of increased market share as duties are finalized [62][63] Question: Rare earth extraction project status - The project to extract rare earths from tailings is still in progress, with prefeasibility studies ongoing in Australia [110]
Tronox(TROX) - 2025 Q1 - Earnings Call Presentation
2025-05-01 10:27
Financial Performance - Revenue decreased by 5% year-over-year to $738 million but increased by 9% quarter-over-quarter [10, 16] - Adjusted EBITDA decreased by 15% year-over-year to $112 million and decreased by 13% quarter-over-quarter [10, 23] - The company reported a net loss attributable to Tronox of $111 million, which includes $87 million of restructuring and other charges related to the idling of the Botlek plant [10, 12] - Free cash flow was a use of $142 million in Q1 2025 [10, 12] Operational Highlights - TiO2 volumes increased by 12% quarter-over-quarter but decreased by 1% year-over-year [9, 16, 20] - Zircon volumes decreased by 6% quarter-over-quarter and 15% year-over-year due to continued demand weakness [9, 16, 20] - TiO2 and zircon prices decreased by 2% quarter-over-quarter [9] Strategic Actions and Outlook - The company expects to achieve $25-35 million run-rate cost improvements by the end of 2025 and $125-175 million by the end of 2026 through its cost improvement program [9, 36] - The idling of the Botlek plant is expected to improve EBITDA by over $30 million annually from 2026 onwards [9, 34] - Capital investments in mining projects are on track to improve the mining cost profile by $50-60 million in 2026 [9, 42] - The company anticipates revenue between approximately $3 billion and $34 billion and adjusted EBITDA between approximately $525 million and $625 million for the full year 2025 [43]
Tronox (TROX) Reports Q1 Loss, Misses Revenue Estimates
ZACKS· 2025-04-30 23:20
Company Performance - Tronox reported a quarterly loss of $0.15 per share, significantly worse than the Zacks Consensus Estimate of $0.02, marking an earnings surprise of -850% [1] - The company posted revenues of $738 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 3.08%, and down from $774 million a year ago [2] - Over the last four quarters, Tronox has not surpassed consensus EPS estimates and has topped revenue estimates only once [2] Stock Movement and Outlook - Tronox shares have declined approximately 45.5% since the beginning of the year, compared to a -5.5% decline in the S&P 500 [3] - The company's earnings outlook is crucial for assessing future stock performance, with current consensus EPS estimates at $0.09 for the coming quarter and $0.46 for the current fiscal year [4][7] - The estimate revisions trend for Tronox is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Industry Context - The Chemical - Diversified industry, to which Tronox belongs, is currently in the bottom 14% of over 250 Zacks industries, suggesting a challenging environment for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor decisions [5]
Tronox Reports First Quarter 2025 Financial Results
Prnewswire· 2025-04-30 20:15
Financial Performance - Tronox reported first quarter 2025 revenue of $738 million, a decrease of 5% year-over-year, primarily due to lower zircon sales volumes and average selling prices [3][6] - TiO2 revenue was $584 million, down 3% year-over-year, with a 1% decline in sales volumes and average selling prices [7] - Zircon revenue decreased 22% to $69 million, driven by a 15% decline in sales volume and a 7% decrease in average selling prices [8] - The company recorded a net loss of $111 million, or a loss of $0.70 per diluted share, compared to a net loss of $9 million, or a loss of $0.06 per diluted share in the prior year [9][10] Operational Insights - The CEO noted stronger seasonal demand for TiO2, particularly in Europe, with sales volumes recovering to levels not seen since Q2 2021 [4] - Zircon sales were lower due to weaker demand, primarily in China, and competitive pressures were noted in Latin America, the Middle East, and Asia [4] - Production costs were higher than expected due to lower operating rates and increases in direct material prices [4] Strategic Actions - Tronox is implementing strategic actions to manage macroeconomic volatility, including idling the Botlek pigment plant, which is expected to improve free cash flow in 2025 [5] - The company anticipates sustainable cost improvements of $125-175 million by the end of 2026 [5][14] - Capital expenditures are focused on critical maintenance and completing mining projects in South Africa, with a reduction in expected capital expenditures to less than $365 million in 2025 [5][14] Outlook - Tronox maintains its guidance for 2025, expecting revenue between $3.0-3.4 billion and adjusted EBITDA of $525-625 million [14] - The company expects the second half of 2025 to be stronger than the first, driven by improving TiO2 and zircon volumes [14] - Free cash flow is anticipated to be greater than $50 million for the year [14]
Tronox (TROX) Soars 19.5%: Is Further Upside Left in the Stock?
ZACKS· 2025-04-10 13:25
Tronox (TROX) shares soared 19.5% in the last trading session to close at $5.39. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 34.5% loss over the past four weeks.TROX’s rally is driven by a surge in material stocks after President Trump announced he would pause reciprocal tariffs for 90 days for most countries.This producer of titanium ore and titanium dioxide is expected to post quarterly earnings of $0.03 per share in its up ...
Tronox Announces Time Change for First Quarter 2025 Webcast Conference Call
Prnewswire· 2025-04-02 20:15
Company Overview - Tronox Holdings plc is a leading global producer of high-quality titanium products, including titanium dioxide pigment, specialty-grade titanium dioxide products, high-purity titanium chemicals, and zircon [3] - The company mines titanium-bearing mineral sands and operates upgrading facilities to produce high-grade titanium feedstock materials, pig iron, and other minerals, including the rare earth-bearing mineral, monazite [3] - Tronox employs approximately 6,500 people across six continents, showcasing a rich diversity and unmatched vertical integration model [3] Earnings Release and Conference Call - The first quarter 2025 earnings release is scheduled for Wednesday, April 30, 2025, after the market close [2] - The webcast conference call will take place on Thursday, May 1, 2025, at 9:00 AM ET, which is one hour later than previously scheduled [1][2] - The live call will be accessible to the public via webcast and teleconference, with a replay available on the investor relations website following the call [2]
Tronox Announces Dates for First Quarter 2025 Earnings Release & Webcast Conference Call
Prnewswire· 2025-04-01 12:00
Company Overview - Tronox Holdings plc is a leading global producer of high-quality titanium products, including titanium dioxide pigment and specialty-grade titanium dioxide products [3] - The company also produces high-purity titanium chemicals and zircon, and operates facilities that mine titanium-bearing mineral sands [3] - Tronox employs approximately 6,500 individuals across six continents, showcasing its operational and technical expertise [3] Upcoming Earnings Release - Tronox is scheduled to release its first quarter 2025 earnings on April 30, 2025, after market close [1] - A webcast conference call will take place on May 1, 2025, at 8:00 AM ET, which is open to the public [1] - Investors can access the live call via webcast and teleconference, with registration available on the company's investor relations website [1][2]