KRONOS WORLDWIDE REPORTS FOURTH QUARTER 2019 RESULTS
Kronos Worldwide Inc (KRO)
Last kronos worldwide inc earnings: 3/11 04:15 pm
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US:NYSE Investor Relations:
kronostio2.com/investor-relations
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Source: GlobeNewswire
Dallas, Texas, March 11, 2020 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE:KRO) today reported net income of $9.4 million, or $.08 per share, in the fourth quarter of 2019 compared to net income of $24.0 million, or $.21 per share, in the fourth quarter of 2018. For the full year of 2019, Kronos Worldwide reported net income of $87.1 million, or $.75 per share, compared to net income of $205.0 million, or $1.77 per share for the full year of 2018. We reported lower net income in the 2019 periods primarily due to lower income from operations resulting from the effects of lower average selling prices and higher raw materials and other production costs partially offset by higher sales volumes as discussed below. Net sales of $372.7 million in the fourth quarter of 2019 were $23.3 million, or 7%, higher than in the fourth quarter of 2018. Net sales of $1.7 billion in the full year of 2019 were $69.2 million, or 4%, higher than in the full year of 2018. Net sales increased in
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KRO
Earnings
- 11/6/24 - Beat
KRO
Sec Filings
- 12/19/24 - Form 8-K
- 11/6/24 - Form 8-K
- 11/6/24 - Form 10-Q
- KRO's page on the SEC website