Venator Materials PLC (VNTR) Tops Q4 EPS by 5c
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Venator Announces Fourth Quarter and Full-Year 2021 Results: Strong Improvement in Selling Prices Mitigates Cost Pressures
February 22, 2022 6:30 AM ESTWYNYARD, UK, Feb. 22, 2022 /PRNewswire/ --
Fourth Quarter 2021 Highlights
Net income attributable to Venator of $14 million compared to net loss of $58 million in the prior year period Adjusted EBITDA of $40 million compared to $25 million in the prior year period Net cash provided by operating activities was $17 million and free cash flow was $(9) million Diluted income per share of $0.13 and adjusted diluted loss per share of $0.05 Compared to the third quarter of 2021, TiO2 average selling prices increased 6% in local currency and TiO2 sales volumes were 10% lower, primarily due to... More