IHS Chemical Week

People & Business :: Earnings/Finance

Kronos's earnings fall on weak TiO2 sales

7:50 AM MDT | March 26, 2013 | Lindsay Frost

Kronos reported a net loss in earnings for the fourth quarter 2012 due to an inherent weakness in the titanium dioxide (TiO2) market. The company reported a loss of $18.1 million (16 cts/share) for the quarter—down from an $85.5 million gain in the fourth quarter 2011. Earnings missed a consensus of analyst estimates for a loss of 5 cts/share, according to Thomson Reuters (New York). Net sales of $396.8 million dropped 9% year-on-year (YOY) due to lower average TiO2 selling prices, down 14%, partially offset by higher sales volumes.  Fluctuations in...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa