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The Chemours Company Reports Robust 1Q 2022 Results

Net sales were $1.8 billion, up 23% year-over-year, with Titanium Technologies sales up 28% from 1Q 2021.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The Chemours Company announced its financial results for the first quarter 2022. First quarter 2022 net sales were $1.8 billion, 23% higher than the prior-year quarter. Volume and price were positive contributors to the improved results, growing 4% and 25%, respectively, on a year-over-year basis. Currency was a (2)% headwind, while changes in the portfolio accounted for the remaining (4)% difference on a year-over-year basis. First quarter net income was $234 million, resulting in EPS of ...

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