Tronox Reports Fourth Quarter and Full Year 2022 Financial Results
Tronox Holdings plc , the world’s leading integrated manufacturer of titanium dioxide pigment, reported its financial results for the quarter ending December 31, 2022: Fourth Quarter 2022 Financial Highlights: *Revenue of $649 million *Income from operations of $36 million; Net loss of $14 million *Adjusted EBITDA of $113 million. Full Year 2022 Financial Highlights: *Total revenue of $3,454 million *Income from operations of $458 million; Net income of $500 million (includes $301M of tax valuation allowance reversals) *Adjusted EBITDA of $875 million; *GAAP diluted EPS of $3.16; *Capital expenditures of $428 million *Reduced total debt to $2.5 billion