Workflow
Koppers Holdings(KOP)
icon
Search documents
Koppers Management Participating in B. Riley Securities Investor Conference
Prnewswire· 2025-05-12 11:55
PITTSBURGH, May 12, 2025 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, today announced that the company will host meetings with the investment community as part of its participation in the B. Riley Securities Investor Conference, which will be in person on May 21, 2025, in Marina del Rey, California. Koppers management will be represented by Jimmi Sue Smith, Chief Financial Officer, and Quynh McGuire, ...
Koppers Holdings(KOP) - 2025 Q1 - Earnings Call Presentation
2025-05-12 07:25
Q1 2025 Results Safe Harbor Statement Certain statements in this presentation are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and may include, but are not limited to, statements about sales levels, acquisitions, restructuring, declines in the value of Koppers assets and the effect of any resulting impairment charges, profitability and anticipated expenses and cash outflows. All forward-looking statements involve risks and uncertainties. All stateme ...
Koppers Holdings(KOP) - 2025 Q1 - Quarterly Report
2025-05-09 16:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to___________ Commission file number 1-32737 KOPPERS HOLDINGS INC. (Exact name of registrant as specified in its charter) Pennsylvania 20-1878963 (S ...
Koppers Holdings(KOP) - 2025 Q1 - Earnings Call Transcript
2025-05-09 16:00
Financial Data and Key Metrics Changes - Consolidated sales for Q1 2025 were $456.5 million, down from $497.6 million in the prior year, representing an 8% decrease [7][14] - Adjusted EBITDA for Q1 was $55.5 million, compared to $51.5 million in the prior year, with an adjusted EBITDA margin of 12.2%, up from 10.3% [8][14] - First quarter diluted loss per share was $0.68, compared to diluted earnings per share of $0.59 in the prior year, primarily due to restructuring charges [8] - Adjusted earnings per share for the quarter were $0.71, up from $0.62 in the prior year [9] - Cash flow used in operations was $22.7 million, including a $14 million payment related to the termination of the U.S. pension plan [9] Business Line Data and Key Metrics Changes - The RUPS segment saw sales increase by $10 million or 4%, while the Performance Chemicals (PC) segment sales decreased by $29 million or 19.5%, and CMMC sales decreased by $22 million or 18% [14] - RUPS generated adjusted EBITDA of $26 million with an 11% margin, while PC delivered adjusted EBITDA of $20 million with a 17% margin [15] - CMMC sales were $101 million, down from $122 million in the prior year, but adjusted EBITDA improved to $10 million from $4 million due to lower raw material costs [18] Market Data and Key Metrics Changes - In the Performance Chemicals business, there was a 21.5% volume decrease in residential and industrial wood treatment preservatives in the Americas [17] - The average pricing of major products increased by 5% compared to the prior quarter, while average coal tar costs were higher by 6% [18] - Year-over-year, first quarter crosstie procurement was down 19% [16] Company Strategy and Development Direction - The company is focusing on improving business performance and margins through cost structure adjustments and resizing the employee base [6] - The acquisition of Brownwood Preserving Company is expected to enhance product offerings and geographic reach [11] - The company aims to maintain a balanced approach to capital allocation, targeting $65 million in net capital expenditures for 2025 [19][32] Management's Comments on Operating Environment and Future Outlook - Management expressed concerns about economic uncertainty affecting demand, particularly in the Performance Chemicals segment [23][24] - There is an expectation for a volume pickup in the second half of the year based on market feedback, despite worries about high interest rates [25][46] - The company anticipates consolidated sales of $2 billion to $2.2 billion in 2025, with adjusted EBITDA forecasted at $280 million [30][31] Other Important Information - The company was recognized for its sustainability efforts, being named to USA Today's list of America's climate leaders for the third consecutive year [12] - A quarterly cash dividend of $0.08 per share was declared, representing a 14% increase over the previous year's dividend [21] Q&A Session Summary Question: How does the utility pole product mix help margins going forward? - The utility pole business historically generates better margin performance, and growth in this area is expected to positively impact margins [38] Question: Are contracts with Class 1s satisfactory? - There is still work to be done on contracts, but the situation has improved [40] Question: What drives the expected growth in the second half of the year? - Feedback from the market indicates a volume pickup, along with increased activity in newer markets [46] Question: How does the company plan to manage costs if sales trend towards the lower end of guidance? - The company has several cost measures in place to maintain EBITDA guidance even with lower sales [57] Question: What are the priority uses of cash flow? - The focus is on share repurchases and deleveraging the balance sheet [68] Question: Are there attractive M&A opportunities due to economic disruption? - The company remains active in discussions for potential acquisitions, particularly in the utility and industrial products business [70] Question: Why not accelerate stock buybacks given the low share price? - There are limitations within credit agreements, but the company intends to be consistent in its share repurchase approach [78]
Koppers (KOP) Tops Q1 Earnings Estimates
ZACKS· 2025-05-09 14:05
Koppers (KOP) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.62 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 26.79%. A quarter ago, it was expected that this maker of chemicals, carbon compounds and wood treatment products would post earnings of $0.91 per share when it actually produced earnings of $0.77, delivering a surprise of ...
Koppers Holdings(KOP) - 2025 Q1 - Quarterly Results
2025-05-09 12:19
Exhibit 99.1 News Release FOR IMMEDIATE RELEASE For Information: Quynh McGuire Vice President, Investor Relations 412 227 2049 McGuireQT@koppers.com Koppers Holdings Inc. 436 Seventh Avenue Pittsburgh, PA 15219-1800 Tel 412 227 2001 www.koppers.com KOPPERS REPORTS FIRST QUARTER 2025 RESULTS; MAINTAINS 2025 OUTLOOK FOR ADJUSTED EBITDA AND EPS PITTSBURGH, May 9, 2025 – Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, tod ...
KOPPERS REPORTS FIRST QUARTER 2025 RESULTS; MAINTAINS 2025 OUTLOOK FOR ADJUSTED EBITDA AND EPS
Prnewswire· 2025-05-09 11:55
Sales of $456.5 Million vs. $497.6 Million in Prior Year Quarter Net (loss) income attributable to Koppers of $(13.9) Million vs. $13.0 Million in Prior Year Quarter Diluted EPS of $(0.68) vs. $0.59 in Prior Year Quarter Adjusted EPS of $0.71 vs. $0.62 in Prior Year Quarter Adjusted EBITDA of $55.5 Million vs. $51.5 Million in Prior Year Quarter Capital expenditures of $14.3 Million vs. $26.3 Million in Prior Year Quarter Capital expenditures, net of insurance proceeds and sale of assets, of $10.0 Million ...
Koppers Holdings Announces Availability of 2024 Annual Report
Prnewswire· 2025-03-31 11:55
Inquiries from the media should be directed to Ms. Jessica Franklin Black at [email protected] or 412-227-2025. Inquiries from the investment community should be directed to Ms. Quynh McGuire at [email protected] or 412-227-2049. SOURCE KOPPERS HOLDINGS INC. The report is available for viewing on the company's website in the Investor Relations section and can be accessed here, as well as on the SEC's website at www.sec.gov. About Koppers Koppers (NYSE: KOP) is an integrated global provider of essential trea ...
Koppers Fran Wisniewski Earns 2025 Women MAKE Award
Prnewswire· 2025-03-11 12:30
Manufacturing Institute Award Celebrates Women Demonstrating Leadership ExcellencePITTSBURGH, March 11, 2025 /PRNewswire/ -- Koppers (NYSE: KOP) today announced that Fran Wisniewski, recently retired Vice President of Long-Range Planning, has been honored with The Manufacturing Institute's 2025 Women MAKE Award. She joins more than 100 other women across the country in receiving this distinction, which recognizes women at all levels within the manufacturing industry who have demonstrated leadership and exce ...
Koppers Guides Aggressively For FY25, But As The Business Declines, I Prefer To Wait
Seeking Alpha· 2025-02-28 16:29
Long-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, the competitive dynamics of the industries where they participate, and buying companies that we would like to hold independently of how the price moves in the future. Most QC calls will be holds, and that is by design. Only a very sm ...