Tronox Reports Second Quarter 2026 Financial ResultsSTAMFORD, Conn., Aug. 5, 2026 /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 June 30, 2026, as follows: Second Quarter 2026 Financial Highlights: Revenue of $868 million, a 14% increase compared to the prior quarter and a 19% increase compared to the prior year Loss from operations of $21 million; net loss attributable to Tronox of $171 million (including $103 million tax valuation allowance); adjusted net loss attributable to Tronox was $82 million (non-GAAP) GAAP diluted loss per share was $1.07; Adjusted diluted loss per share was $0.51 (non-GAAP) Adjusted EBITDA of $73 million; Adjusted EBITDA margin of 8.4% (non-GAAP) Capital expenditures of $45 million Generated free cash flow of $60 million Outlook: Expect to deliver meaningful positive free cash flow for full year 2026, with Q3 relatively neutral Expect Q3 2026 TiO2 volumes to be down moderately, in the mid-single-digit percentage range, in-line with normal, seasonal patterns Expect Q3 zircon volumes to moderate slightly compared to Q2, due to inventory availability following a very strong first half TiO2 pricing expected to improve sequentially in the mid-single-digit percentage range and zircon pricing to improve in the mid- to high single-digit percentage range in Q3 2026 Q3 2026 Adjusted EBITDA expected to be $95-$115 million This outlook is based on Tronox's views on current global economic activity and is subject to changes and impacts associated with the general macroeconomic and industry-related conditions, global supply chain, and inflation-related challenges, among others.
PRNewsWire8/5/2026Neutral