Kronos Worldwide Q2 sales miss expectations

Reuters
Aug 07
Kronos Worldwide <a href="https://laohu8.com/S/QTWO">Q2</a> sales miss expectations

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.)

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