secwatch.observer — SEC 8-K summary
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Issuer:     Tronox Holdings plc (TROX)
CIK:        0001530804
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0001140361-25-016827
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tronox posts $111M net loss in Q1, revenue down 5% to $738M; FY guide unchanged
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- GAAP diluted loss per share $0.70; adjusted loss $0.15; includes $87M restructuring from Botlek plant idling.
- Revenue $738M (-5% YoY); TiO2 revenue $584M (-3%), zircon $69M (-22%), other products $85M (+5%).
- Adjusted EBITDA $112M (15.2% margin), down 15% YoY and 13% sequentially on higher costs and lower pricing.
- Free cash flow negative $142M; net debt $2.8B, net leverage 5.2x; capex $110M in quarter.
- Maintains FY2025 outlook: rev $3.0-3.4B, adj. EBITDA $525-625M; capex cut to <$365M; $125-175M cost savings by end-2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530804/000114036125016827/0001140361-25-016827-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530804/000114036125016827/ef20048257_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-016827

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