Valhi, Inc.

VALHI REPORTS THIRD QUARTER 2023 RESULTS

Retrieved on: 
Monday, November 6, 2023

Net income attributable to Valhi stockholders decreased in the third quarter of 2023 as compared to the same period of 2022 primarily due to lower operating results from our Chemicals Segment.

Key Points: 
  • Net income attributable to Valhi stockholders decreased in the third quarter of 2023 as compared to the same period of 2022 primarily due to lower operating results from our Chemicals Segment.
  • Average TiO2 selling prices were 8% lower in the third quarter of 2023 as compared to the third quarter of 2022 and 2% lower in the first nine months of 2023 as compared to the first nine months of 2022.
  • TiO2 production volumes were 22% lower in the third quarter of 2023 compared to the third quarter of 2022 and 26% lower in the first nine months of 2023 compared to the same period of 2022.
  • Corporate expenses in the third quarter of 2023 were comparable to the third quarter of 2022 and 5% lower in the first nine months of 2023 compared to the same period of 2022.

VALHI DECLARES QUARTERLY DIVIDEND

Retrieved on: 
Thursday, November 2, 2023

Dallas, Texas, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Valhi, Inc. (NYSE:  VHI) announced today that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on December 21, 2023 to stockholders of record at the close of business on December 1, 2023.

Key Points: 
  • Dallas, Texas, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Valhi, Inc. (NYSE:  VHI) announced today that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on December 21, 2023 to stockholders of record at the close of business on December 1, 2023.
  • Valhi, Inc. is engaged in the chemicals (TiO2), component products (security products and recreational marine components) and real estate management and development industries.

VALHI DECLARES QUARTERLY DIVIDEND

Retrieved on: 
Thursday, August 3, 2023

Dallas, Texas, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Valhi, Inc. (NYSE:  VHI) announced today that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on September 21, 2023 to stockholders of record at the close of business on September 1, 2023.

Key Points: 
  • Dallas, Texas, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Valhi, Inc. (NYSE:  VHI) announced today that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on September 21, 2023 to stockholders of record at the close of business on September 1, 2023.
  • Valhi, Inc. is engaged in the chemicals (TiO2), component products (security products and recreational marine components) and real estate management and development industries.

VALHI REPORTS SECOND QUARTER 2023 RESULTS

Retrieved on: 
Thursday, August 3, 2023

The Chemicals Segment’s TiO2 sales volumes were 26% lower in the second quarter of 2023 as compared to the second quarter of 2022 and 28% lower in the first six months of 2023 as compared to the first six months of 2022.

Key Points: 
  • The Chemicals Segment’s TiO2 sales volumes were 26% lower in the second quarter of 2023 as compared to the second quarter of 2022 and 28% lower in the first six months of 2023 as compared to the first six months of 2022.
  • Average TiO2 selling prices were 2% lower in the second quarter of 2023 as compared to the second quarter of 2022 and 1% higher in the first six months of 2023 as compared to the first six months of 2022.
  • Changes in currency exchange rates had a nominal effect on net sales in the second quarter of 2023 as compared to the second quarter of 2022.
  • TiO2 production volumes were 33% lower in the second quarter of 2023 compared to the second quarter of 2022 and 28% lower in the first six months of 2023 compared to the same period of 2022.

UPDATE--VALHI ANNOUNCES QUARTERLY CASH DIVIDEND AND RESULTS OF ANNUAL STOCKHOLDER MEETING

Retrieved on: 
Thursday, May 25, 2023

Dallas, Texas, May 25, 2023 (GLOBE NEWSWIRE) -- Valhi, Inc. (NYSE:  VHI) announced today that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on June 22, 2023 to stockholders of record at the close of business on June 5, 2023.

Key Points: 
  • Dallas, Texas, May 25, 2023 (GLOBE NEWSWIRE) -- Valhi, Inc. (NYSE:  VHI) announced today that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on June 22, 2023 to stockholders of record at the close of business on June 5, 2023.
  • Valhi also announced that at its annual stockholder meeting held on May 25, 2023, its stockholders:
    elected each of Thomas E. Barry, Loretta J. Feehan, Terri L. Herrington, Kevin B. Kramer, W. Hayden McIlroy, Michael S. Simmons and Mary A. Tidlund as a director for a one-year term;
    adopted a resolution that approved, on a nonbinding advisory basis, the compensation of its named executive officers as disclosed in the proxy statement for the 2023 annual stockholder meeting; and
    approved, on a nonbinding advisory basis, an annual nonbinding advisory vote on named executive officer compensation as such compensation is disclosed pursuant to the compensation disclosure rules of the U.S. Securities and Exchange Commission.
  • Valhi, Inc. is engaged in the chemicals (TiO2), component products (security products and recreational marine components) and real estate management and development industries.

VALHI REPORTS FIRST QUARTER 2023 RESULTS

Retrieved on: 
Thursday, May 4, 2023

Net income attributable to Valhi stockholders decreased in the first quarter of 2023 compared to the first quarter of 2022 primarily due to lower operating results from our Chemicals Segment.

Key Points: 
  • Net income attributable to Valhi stockholders decreased in the first quarter of 2023 compared to the first quarter of 2022 primarily due to lower operating results from our Chemicals Segment.
  • The Chemicals Segment’s net sales were $426.3 million in the first quarter of 2023 compared to $562.9 million in the first quarter of 2022.
  • The Chemicals Segment’s TiO2 sales volumes were 29% lower in the first quarter of 2023 as compared to the first quarter of 2022.
  • Average TiO2 selling prices were 4% higher in the first quarter of 2023 as compared to the first quarter of 2022.

VALHI REPORTS FOURTH QUARTER 2022 RESULTS

Retrieved on: 
Thursday, March 9, 2023

The Chemicals Segment’s net sales were $342.4 million in the fourth quarter of 2022 compared to $496.0 million in the fourth quarter of 2021.

Key Points: 
  • The Chemicals Segment’s net sales were $342.4 million in the fourth quarter of 2022 compared to $496.0 million in the fourth quarter of 2021.
  • The Chemicals Segment’s average TiO2 selling prices were 15% higher in the fourth quarter of 2022 as compared to the fourth quarter of 2021 and 21% higher in the full year of 2022 as compared to the full year of 2021.
  • The Chemicals Segment’s operating loss in the fourth quarter of 2022 was $15.3 million as compared to operating income of $55.4 million in the fourth quarter of 2021.
  • The Chemicals Segment’s TiO2 production volumes were 35% lower in the fourth quarter of 2022 compared to the fourth quarter of 2021 and 10% lower in the full year of 2022 compared to the full year of 2021.

VALHI DECLARES QUARTERLY DIVIDEND

Retrieved on: 
Thursday, March 2, 2023

Dallas, Texas, March 02, 2023 (GLOBE NEWSWIRE) -- Valhi, Inc. (NYSE:  VHI) announced today that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on March 28, 2023 to stockholders of record at the close of business on March 13, 2023.

Key Points: 
  • Dallas, Texas, March 02, 2023 (GLOBE NEWSWIRE) -- Valhi, Inc. (NYSE:  VHI) announced today that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on March 28, 2023 to stockholders of record at the close of business on March 13, 2023.
  • Valhi, Inc. is engaged in the chemicals (TiO2), component products (security products and recreational marine components) and real estate management and development industries.

VALHI DECLARES QUARTERLY DIVIDEND

Retrieved on: 
Thursday, November 3, 2022

Dallas, Texas, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Valhi, Inc. (NYSE: VHI) announced today that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on December 22, 2022 to stockholders of record at the close of business on December 1, 2022.

Key Points: 
  • Dallas, Texas, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Valhi, Inc. (NYSE: VHI) announced today that its board of directors has declared a regular quarterly dividend of eight cents ($0.08) per share on its common stock, payable on December 22, 2022 to stockholders of record at the close of business on December 1, 2022.
  • Valhi, Inc. is engaged in the chemicals (TiO2), component products (security products and recreational marine components) and real estate management and development industries.

VALHI REPORTS THIRD QUARTER 2022 RESULTS

Retrieved on: 
Thursday, November 3, 2022

(NYSE: VHI) reported net income attributable to Valhi stockholders of $26.2 million, or $.92 per share, in the third quarter of 2022 compared to $39.0 million, or $1.36 per share, in the third quarter of 2021.

Key Points: 
  • (NYSE: VHI) reported net income attributable to Valhi stockholders of $26.2 million, or $.92 per share, in the third quarter of 2022 compared to $39.0 million, or $1.36 per share, in the third quarter of 2021.
  • The Chemicals Segments net sales were $459.6 million in the third quarter of 2022 compared to $499.8 million in the third quarter of 2021 and $1.6 billion in the first nine months of 2022 compared to $1.4 billion in the same period of 2021.
  • The Chemicals Segments TiO2 sales volumes were 20% lower in the third quarter of 2022 compared to the third quarter of 2021 and its sales volumes in the first nine months of 2022 were 7% lower than in the first nine months of 2021.
  • The Chemicals Segments average TiO2 selling prices were 21% higher in the third quarter of 2022 compared to the third quarter of 2021 and 24% higher in the first nine months of 2022 as compared to the first nine months of 2021.