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From our earliest beginnings to modern times, KRONOS continues to lead the industry in both process innovation and product quality.
In an effort to provide investors with additional information regarding the Company's results of operations as determined by accounting principles generally accepted in the United States of America (GAAP), the Company has disclosed certain non-GAAP information, which the Company believes provides useful information to investors:(In millions, except per share and metric ton data)Should one or more of these risks materialize (or the consequences of such a development worsen), or should the underlying assumptions prove incorrect, actual results could differ materially from those forecasted or expected.
Controlled by Valhi, Kronos is a leading manufacturer of a commercially used, base white inorganic pigment known as titanium dioxide (TiO 2). Kronos Worldwide's headquarters is located in Dallas, Texas, USA 75240. KRONOS Worldwide, Inc. 5430 LBJ Freeway, Suite 1700 | Dallas, TX, 75240 United States Phone: (972) 233-1700 | Fax: (972) 448-1445 Sales, Marketing and Technical Support North America KRONOS … Kronos Worldwide, Inc. engages in the production and market of value-added titanium dioxide pigments. Dallas, Texas, May 20, 2020 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE: KRO) announced that its board of directors has declared a regular quarterly dividend of …
The table at the end of this press release shows how each of these items impacted net sales.
We take pride in making the world brighter with the most effective whitening agent in the world – titanium dioxide.
Kronos Worldwide is a major international producer of titanium dioxide pigments.
Dallas, Texas, May 20, 2020 (GLOBE NEWSWIRE) -- Kronos Worldwide, Inc. (NYSE: KRO) announced that its board of directors has declared a regular quarterly dividend of eighteen cents ($0.18) per share on its common stock, payable on June 18, 2020 to stockholders of record at the close of business on June 9, 2020.Kronos Worldwide, Inc. is a major international producer of titanium dioxide products.Janet G. Keckeisen, Vice President, Corporate Strategy and Investor Relations, (972) 233-1700Source: Kronos Worldwide, Inc.Kronos Worldwide also announced that at its 2020 annual stockholder meeting held today its stockholders had: Die Kronos International ist weltweit der fünftgrößte Hersteller von Titandioxid-Pigmenten und in Deutschland (über die 100%ige Tochtergesellschaft Kronos Titan GmbH) größter Produzent.
Based in Dallas, it operates facilities throughout the United States, Canada and Europe.
We reported lower net income in the first quarter 2020 as compared to the first quarter of 2019 primarily due to lower income from operations resulting from the effects of lower sales volumes and higher raw materials and other production costs, as discussed below. The Company disclaims any intention or obligation to update or revise any forward-looking statement whether as a result of changes in information, future events or otherwise.Other income (expense) in the first quarter of 2020 includes a pre-tax insurance settlement gain of $1.5 million ($1.2 million, or $.01 per share, net of income tax expense) related to a property damage claim.Kronos Worldwide, Inc. is a major international producer of titanium dioxide products.https://ml.globenewswire.com/media/972ddbde-3f08-4c02-837f-9a58802f0255/small/kwilogo-jpg.jpgIMPACT OF PERCENTAGE CHANGE IN NET SALESCONDENSED CONSOLIDATED STATEMENTS OF INCOMEThe statements in this release relating to matters that are not historical facts are forward-looking statements that represent management's beliefs and assumptions based on currently available information. It is the parent company to Kronos International, Kronos Canada and Kronos Louisiana and its subsidiaries.
Since 1916, KRONOS Worldwide, Inc. has been producing titanium dioxide pigments (TiO 2), the world's primary pigment for providing whiteness, brightness and opacity. While it is not possible to identify all factors, we continue to face many risks and uncertainties.