Tronox Reports Fourth Quarter 2018 Financial Results
Fourth Quarter Highlights: •Results demonstrate benefits of vertical integration with strong performance in feedstock and co-products led by zircon •Revenue of $429 million down 8 percent from prior year as higher feedstock and co-products selling prices more than offset by lower pigment sales volumes and absence of revenue from Electrolytic business sold in September 2018; revenue down 5 percent excluding $14 million of Electrolytic revenue in prior year •Income from operations of $68 million up 13 percent versus prior year; adjusted EBITDA of $125 million down 7 percent versus prior year (Non-GAAP). Click read more below for additional detail.