Tronox ( (TROX) ) has released its Q4 earnings. Here is a breakdown of the information Tronox presented to its investors.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Tronox Holdings plc is a leading global producer of titanium dioxide pigment and zircon, leveraging its integrated operations to provide high-quality titanium products across diverse markets. In its latest earnings report, the company announced fourth-quarter and full-year 2024 financial results, showcasing its resilience amid challenging market conditions. Tronox reported fourth-quarter revenue of $676 million, with a net loss of $30 million, while full-year revenue reached $3.074 billion with a net loss of $54 million. Despite these losses, the company posted an adjusted EBITDA margin of 19.1% for the quarter, pointing to solid operational performance. Key highlights include the implementation of a cost improvement plan targeting $125-175 million in sustainable savings by 2026, and the company’s commitment to optimizing asset performance. Looking ahead, Tronox expects 2025 revenue between $3.0-3.4 billion, driven by improved volumes in titanium dioxide and zircon, while continuing its focus on cost management and efficiency improvements.
