FX.co ★ Tronox Holdings Sees Higher Revenue For Q1

Tronox Holdings plc (TROX), a titanium products manufacturer, announced on Monday that it anticipates a first-quarter revenue of $774 million, representing a 9% increase from the previous year. The company's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are forecasted to reach $131 million, exceeding its earlier forecast of between $100 million and $120 million. However, Tronox also predicts a net loss of $9 million for the quarter, compared to a net profit of $23 million during the same period last year.