secwatch.observer — SEC 8-K summary
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Issuer:     KRONOS WORLDWIDE INC (KRO)
CIK:        0001257640
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001257640-24-000047
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kronos Worldwide swings to Q3 profit of $71.8M; TiO2 demand strengthens
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- Net income $71.8M ($0.62/share) vs net loss $20.4M (-$0.18) in Q3 2023.
- Net sales $484.7M (+22% YoY); TiO2 sales volumes +21%, average prices -1%.
- Segment profit $43.4M vs segment loss $21.4M; capacity utilization 92% in Q3.
- EBITDA $123.3M vs -$12.7M; includes $64.5M non-cash gain from LPC remeasurement.
- Acquired remaining 50% of Louisiana Pigment Company on July 16, 2024; now wholly owned.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1257640/000125764024000047/0001257640-24-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1257640/000125764024000047/kro-20241106x8k.htm
  HTML page:      https://secwatch.observer/filing/0001257640-24-000047

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