secwatch.observer — SEC 8-K summary
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Issuer:     VALHI INC /DE/ (VHI)
CIK:        0000059255
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0000059255-24-000055
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Valhi Q2 net income $19.9M ($0.70 EPS) vs loss of $3.2M; declares $0.08 dividend
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- Q2 net income $19.9M ($0.70 EPS) vs loss $3.2M ($0.11) in Q2 2023; H1 net income $27.7M ($0.97) vs loss $9.0M ($0.31).
- Chemicals segment net sales $500.5M (+13% YoY); operating income $40.5M vs loss $2.6M on higher TiO2 volumes (+29%) and lower costs.
- TiO2 production capacity utilization rose to 99% in Q2 2024 from 64% in Q2 2023; unabsorbed fixed costs dropped to $12M from $54M H1.
- Component Products sales $35.9M (flat), op. income $5.1M vs $4.4M; Real Estate sales down to $23.3M.
- Board declared regular quarterly dividend of $0.08/share, payable Sept 26, 2024 to holders of record Sept 6.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/59255/000005925524000055/0000059255-24-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/59255/000005925524000055/vhl-20240808x8k.htm
  HTML page:      https://secwatch.observer/filing/0000059255-24-000055

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