Tronox reports first quarter 2025 financial results
Stamford, conn., april 30, 2025 /prnewswire/ -- tronox holdings plc (nyse:trox) ("tronox" or the "company"), the world's leading integrated manufacturer of titanium dioxide ("tio2") pigment, today reported its financial results for the quarter ending march 31, 2025, as follows: first quarter 2025 financial highlights: revenue of $738 million, a 9% increase compared to the prior quarter and a 5% decrease compared to the prior year loss from operations of $61 million; net loss of $111 million including $87 million of restructuring and other charges, primarily non-cash costs associated with the idling of the company's botlek pigment plant as announced in march; adjusted net loss was $24 million (non-gaap) gaap diluted loss per share was $0.70; adjusted diluted loss per share was $0.15 (non-gaap) adjusted ebitda of $112 million; adjusted ebitda margin of 15.2% (non-gaap) capital expenditures of $110 million in the quarter outlook: maintaining previous guidance for 2025 revenue ($3.0-3.4 billion), adjusted ebitda ($525-625 million), and free cash flow (greater than $50 million) capital expenditures reduced to be less than $365 million in 2025 actions underway expected to deliver $125-$175 million in sustainable, run-rate cost improvements by end of 2026 this outlook is based on tronox's views on current global economic activity and is subject to changes and impacts associated with the macroeconomic conditions, global supply chain, and inflation-related challenges, among others.
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