secwatch.observer — SEC 8-K summary
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Issuer:     KRONOS WORLDWIDE INC (KRO)
CIK:        0001257640
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0000059255-21-000126
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kronos Worldwide Q3 net income surges to $36M ($0.31/sh) from $8.1M; sales up 20%
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- Net income Q3 2021: $36.0M ($0.31/sh) vs $8.1M ($0.07/sh) in Q3 2020; nine-month net income $81.3M ($0.70/sh) up from $53.7M ($0.46/sh).
- Net sales $499.8M, up 20% YoY; TiO2 sales volumes +6%, average selling prices +11%.
- TiO2 segment profit $60.8M vs $22.7M; EBITDA $65.5M vs $28.6M; production capacity utilization 100% in Q3.
- Company cites higher demand in European and North American markets driving improvement; partially offset by higher raw material and energy costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1257640/000005925521000126/0000059255-21-000126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1257640/000005925521000126/kwi8kq32021er.htm
  HTML page:      https://secwatch.observer/filing/0000059255-21-000126

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer