Tronox Reports First Quarter 2018 Financial Results
First Quarter 2018 Highlights: - Strong top and bottom line performance reflects benefits of vertical integration and continued favorable market conditions across TiO2 pigment, feedstock and co-products - Revenue of $442 million up 17 percent versus prior year - Income from operations of $14 million; adjusted EBITDA of $113 million up 79 percent versus prior year (Non-GAAP) - TiO2 income from operations of $52 million; adjusted EBITDA of $138 million up 62 percent versus prior year (Non-GAAP) - TiO2 adjusted EBITDA margin of 31 percent; free cash flow of $52 million. Click Read More below for additional information.