KRONOS WORLDWIDE, INC. REPORTS THIRD QUARTER 2026 RESULTS

(NYSE:KRO) Kronos Worldwide, Inc. reported net income of $34.8 million, or $.30 per share, for the third quarter of 2026, compared to a net loss of $37.0 million, or $.32 per share, in the third quarter of 2025. For the first nine months of 2026, net income was $45.2 million, or $.39 per share, versus a net loss of $28.1 million, or $.24 per share, in the same period of 2025. Net sales for the third quarter of 2026 were $541.1 million, an increase of $84.2 million, or 18%, over the third quarter of 2025. Net sales for the first nine months of 2026 totaled $1.6 billion, up $167.9 million, or 12%, from the first nine months of 2025. The company attributed the increase in net income and sales to higher sales and production volumes, lower raw material and production costs due to cost reduction initiatives implemented in the fourth quarter of 2025, and higher average TiO2 selling prices, partially offset by higher distribution costs. Average TiO2 selling prices for the third quarter of 2026 were 5% higher than the prior-year period, while for the first nine months of 2026, prices were 1% lower than the same period in 2025, despite an 11% increase during the first nine months of 2026. Currency exchange rate changes, primarily the euro, increased net sales by approximately $39 million in the first nine months of 2026. TiO2 segment profit was $61.0 million in the third quarter of 2026, compared to a loss of $15.3 million in the third quarter of 2025. For the first nine months of 2026, segment profit was $117.1 million, up from $37.2 million in the same period of 2025. Fluctuations in currency exchange rates decreased segment profit by approximately $5 million in the third quarter and $23 million in the first nine months of 2026 compared to the prior year. EBITDA for the third quarter of 2026 was $72.7 million, compared to $0.6 million in the third quarter of 2025. For the first nine months of 2026, EBITDA was $153.3 million, up from $74.0 million in the first nine months of 2025. Other income in 2025 included a non-cash pre-tax gain of $4.6 million ($3.6 million net of tax) from the remeasurement of the earn-out liability related to the 2024 acquisition of the remaining interest in Louisiana Pigment Company, L.P. Net income for the three and nine months ended September 30, 2026, includes a non-cash deferred income tax benefit of $12.1 million related to proposed currency regulations under §987 released in August 2026. Net income for the nine months ended September 30, 2026, also includes a tax expense of $2.0 million for an uncertain tax position related to a German tax audit. Net loss for the three and nine months ended September 30, 2025, includes a non-cash deferred income tax expense of $19.3 million to reduce the net German deferred tax asset due to legislation enacted in Germany in the third quarter of 2025. Sales volumes of TiO2 were 144,000 metric tons in the third quarter of 2026 and 439,000 metric tons in the first nine months of 2026, compared to 126,000 and 394,000 metric tons, respectively, in the same periods of 2025. Production volumes were 140,000 metric tons in the third quarter of 2026 and 403,000 metric tons in the first nine months of 2026, compared to 126,000 and 394,000 metric tons, respectively, in 2025. Brian W. Christian, President and Chief Executive Officer, stated that the third quarter results reflect continued execution of strategic initiatives, with improved operating results compared to the second quarter, supported by progress in operational, commercial, and cost reduction initiatives. He noted that normal seasonal trends are expected to result in softer fourth quarter demand and lower production volumes due to scheduled maintenance, with inventory levels expected to remain below historical levels. The company remains focused on operational performance, cost discipline, and cash generation.

KRONOS WORLDWIDE, INC. ANNOUNCES QUARTERLY DIVIDEND

(NYSE:KRO) Kronos Worldwide, Inc. announced that its board of directors has declared a regular quarterly dividend of five cents ($0.05) per share on its common stock. The dividend will be payable on December 10, 2026. Stockholders of record at the close of business on November 19, 2026 will be eligible to receive the dividend. The announcement specifies the amount of the dividend and the relevant record and payment dates. The declaration reflects the company's ongoing dividend policy as determined by its board of directors. No other financial or operational figures are disclosed in this announcement. The notice is limited to the dividend declaration and does not include commentary from executives or additional business updates.

KRONOS WORLDWIDE, INC. ANNOUNCES QUARTERLY DIVIDEND AND RESULTS OF ANNUAL STOCKHOLDER MEETING

Kronos Worldwide, Inc. (NYSE: KRO) announced that its board of directors has declared a regular quarterly dividend of five cents ($0.05) per share on its common stock. The dividend is payable on June 18, 2026 to stockholders of record at the close of business on June 4, 2026. At its 2026 annual stockholder meeting, stockholders elected eight directors for a one-year term and approved, on a nonbinding advisory basis, the compensation of its named executive officers. Kronos Worldwide, Inc. is described as a major international producer of titanium dioxide products.

KRONOS WORLDWIDE, INC. REPORTS FIRST QUARTER 2026 RESULTS

Kronos Worldwide, Inc. (NYSE:KRO) reported a net loss of $4.8 million, or $.04 per share, in the first quarter of 2026, compared to net income of $18.1 million, or $.16 per share, in the first quarter of 2025. Net sales increased to $509.8 million in Q1 2026, up $20.0 million or 4% from Q1 2025, primarily due to higher sales volumes and favorable currency exchange rates. Segment profit dropped to $15.1 million from $41.6 million, and EBITDA decreased to $27.7 million from $51.2 million year-over-year. The company attributes the decline in profitability to lower average TiO2 selling prices and production volumes, partially offset by cost reduction initiatives and lower production costs. An income tax expense of $2.0 million was recognized in Q1 2026 related to a German tax audit.