Tronox Reports Third Quarter 2022 Financial Results
Third Quarter 2022 Financial Highlights: *Produced revenue of $895 million, an increase of 3% compared to the prior year, driven by higher TiO2, zircon and pig iron prices and higher pig iron volumes *Generated income from operations of $163 million and net income of $123 million *Delivered Adjusted EBITDA of $247 million and an Adjusted EBITDA margin of 27.6% *Invested $112 million in capital expenditures, primarily in our vertical integration and newTRON initiatives *Generated free cash flow of $25 million in the quarter *Returned $110 million to shareholders in the nine months ending September 30, 2022 in the form of share repurchases and dividends