Group 1 - Analysts project Koppers (KOP) will announce quarterly earnings of $0.91 per share, a 35.8% increase year over year [1] - Revenues are expected to reach $497 million, reflecting a decline of 3.2% from the same quarter last year [1] - There has been no revision in the consensus EPS estimate over the past 30 days, indicating stability in analysts' projections [1] Group 2 - The average estimate for 'Net Sales- Carbon Materials & Chemicals' is $127.05 million, suggesting a year-over-year change of -4% [4] - 'Net Sales- Performance Chemicals' is estimated to reach $160.95 million, indicating a year-over-year change of -2.1% [4] - 'Net Sales- Railroad & Utility Products and Services' is projected at $226.90 million, reflecting a year-over-year change of +4.9% [4] Group 3 - Koppers shares have recorded a return of +4.2% over the past month, compared to the Zacks S&P 500 composite's -2.3% change [5] - Koppers holds a Zacks Rank 3 (Hold), suggesting its performance will likely align with the overall market in the upcoming period [5]

Core Viewpoint - Koppers Holdings Inc. has announced a 14% increase in its quarterly dividend rate for 2025, reflecting confidence in its growth strategies and commitment to returning cash to shareholders [1][2]. Dividend Announcement - The quarterly dividend will rise from $0.07 to $0.08 per share, with an annual dividend rate increasing to $0.32 per share for 2025 [1][2]. - The dividend will be paid on March 24, 2025, to shareholders of record as of March 7, 2025 [1]. Company Strategy - The CEO emphasized that the dividend increase demonstrates the company's confidence in its strategies for sustainable and profitable growth [2]. - Koppers is committed to a balanced capital allocation approach, focusing on both future investments and returning cash to shareholders [2]. Company Overview - Koppers is an integrated global provider of treated wood products, wood preservation technologies, and carbon compounds, employing 2,100 people [3]. - The company plays a crucial role in global infrastructure by providing essential products such as railroad crossties and utility poles, while also focusing on innovation to meet future needs [3].

Company Overview - Koppers Holdings Inc. is an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds [4] - The company employs approximately 2,100 individuals and focuses on creating, protecting, and preserving essential infrastructure elements [4] Financial Results Announcement - Koppers plans to release its financial results for the fourth quarter and full-year 2024 on February 27, 2025, before market opening [1] - A conference call to discuss the financial results and outlook will take place at 11:00 a.m. Eastern Time on the same day [1] Accessing the Conference Call - Interested parties can access the live audio broadcast toll-free in the U.S. and Canada by dialing 833-366-1128, or 412-902-6774 for international calls [2] - Participants are encouraged to join the call at least five minutes early for registration [2] Audio Replay Information - An audio replay of the conference call will be available approximately two hours after its completion [3] - The replay can be accessed using specific toll-free numbers for the U.S. and Canada, as well as an international number, and will be available until May 27, 2025 [3]

Core Viewpoint - Koppers Holdings Inc. has successfully repriced its seven-year $495 million senior secured Term Loan B, reducing the interest rate margin from 3% to 2.5%, which is part of its strategy to optimize capital structure and lower interest expenses while maintaining leverage and maturity date [1][2]. Financial Performance and Projections - Koppers anticipates sales for 2024 to be approximately $2.1 billion, considering the competitive landscape and global economic conditions [4] - The company expects adjusted EBITDA for 2024 to be in the range of $270-$275 million, including the acquisition of Brown Wood [4] - Projected adjusted earnings per share for 2024 are estimated to be between $4.25 and $4.45 [4] - Capital expenditures for the year are expected to be around $80 million, with operating cash flows estimated at $100-$125 million, excluding any impact from pension termination [4] Market Performance - Koppers' shares have declined by 37.2% over the past year, contrasting with an 8.8% decline in the Zacks Chemicals Diversified industry [3] - The company currently holds a Zacks Rank 3 (Hold), indicating a neutral outlook compared to better-ranked stocks in the basic materials sector [5]

Core Points - Koppers Holdings Inc. has been recognized for the fifth consecutive year on Newsweek's America's Most Responsible Companies 2025 list, achieving its highest ranking at No. 113 out of 600 finalists and No. 9 in the Materials & Chemicals category [1][2] Company Achievements - Koppers achieved a 50% reduction in scope 1 and scope 2 greenhouse gas emissions against a 2007 baseline, seven years ahead of schedule [2] - The company recorded its lowest Total Recordable Injury Rate of 2.67 since 2018 [2] - Koppers introduced a penflufen-based preservative, a patented wood protection technology, marking a significant innovation in extending the life of treated wood [2] - The company updated its materiality assessment in line with the new 2021 GRI standards and published a report on the Taskforce on Climate-Related Financial Disclosures (TCFD) [2] Evaluation Criteria - The recognition was based on environmental, social, and corporate governance information, with scores derived from 30 publicly reported key performance indicators and a reputation survey of over 26,000 U.S. consumers [2]

Core Viewpoint - Koppers Holdings Inc. has successfully repriced its seven-year $495 million senior secured Term Loan B, reducing interest rate margins by 50 basis points, which is part of the company's strategy to optimize its capital structure and reduce interest expenses without altering leverage, covenants, or maturity date [1][2][3]. Group 1: Financial Transaction Details - The interest rate margins for the Term Loan B have been reduced from 3.00% with a floor of 50 basis points to 2.50% with a floor of 50 basis points, based on the adjusted Term SOFR Rate or adjusted Daily Simple SOFR [2]. - The transaction was facilitated by Wells Fargo Bank, National Association, acting as the administrative agent, with several banks serving as joint lead arrangers and bookrunners [3]. Group 2: Company Overview - Koppers Holdings Inc. is an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, serving various industries including railroad, specialty chemical, utility, residential lumber, agriculture, aluminum, steel, rubber, and construction [4]. - The company operates a comprehensive global manufacturing and distribution network with facilities located in North America, South America, Australasia, and Europe [4].

Core Viewpoint - Koppers Inc. will discontinue phthalic anhydride production at its Stickney, Illinois facility in 2025 as part of its strategy to optimize its business portfolio and enhance free cash flow [1][5]. Group 1: Decision and Impact - The decision will affect approximately 25 employees and is driven by significant near-term capital spending requirements that are not economically justified by end-market projections [2][5]. - The closure is expected to improve the site's environmental footprint, with annual emissions of certain regulated air contaminants projected to be reduced by 50 to 70 percent [2][5]. Group 2: Production and Operations - Koppers plans to ramp down production over the next six months to build inventory for existing contracts through 2025, with the shutdown targeted for mid-2025 [3][5]. - The closure will not impact the coal tar distillation operations at Stickney, which produce products such as creosote and carbon pitch [3][4]. Group 3: Financial Implications - The action is expected to result in pre-tax charges to earnings of $51 million to $55 million through the end of 2026, with approximately $28 million being non-cash charges anticipated in 2024 and 2025 [5]. - Ongoing operational and capital expenditure savings have been incorporated into the company's current 2025 goals of $300 million of adjusted EBITDA and $65 million to $75 million of capital expenditures [5][6]. Group 4: Strategic Focus - Koppers' CEO emphasized the importance of critically assessing the portfolio and pivoting from underperforming businesses to enhance competitive position in healthier markets [6].

PITTSBURGH, Dec. 4, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP) today announced that the company will host meetings with the investment community as part of its participation in the upcoming Singular Research Conference, which will be held in San Francisco, on December 12, 2024.  Koppers management will be represented by Bradley Pearce, Chief Accounting Officer, and Quynh McGuire, Vice President of Investor Relations.The presentation materials will be available on www.koppers.com in the Investor ...

Core Viewpoint - Koppers Holdings Inc. will participate in the BofA Securities Leveraged Finance Conference on December 3, 2024, in Boca Raton, Florida, engaging with the investment community [1]. Group 1: Company Representation - Koppers management will be represented by Jimmi Sue Smith, Chief Financial Officer, and Quynh McGuire, Vice President of Investor Relations [2]. - A fireside chat with Ms. Smith is scheduled for 8:10 a.m. Eastern Time, which will be broadcast live on the company's website [2]. Group 2: Company Overview - Koppers is an integrated global provider of treated wood products, wood preservation technologies, and carbon compounds, employing 2,200 people [3]. - The company focuses on creating, protecting, and preserving essential infrastructure elements, including railroad crossties and utility poles, while innovating to meet future needs [3]. - Koppers aims to provide safe and sustainable solutions for rail transportation, power supply, and public enjoyment spaces [3].

Koppers Holdings Inc. (KOP) logged profits (attributable to the company) of $22.8 million or $1.09 per share for the third quarter of 2024, down from a profit of $26.3 million or $1.22 per share a year ago. Barring one-time items, adjusted earnings were $1.37 per share for the quarter, up from $1.32 per share a year ago. It topped the Zacks Consensus Estimate of $1.25.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Koppers recorded revenues of $554.3 million for the quarter, up around ...