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Financial Performance - Total net sales for the three months ended September 30, 2025, were $485.3 million, a decrease of $69.0 million or 12.4% compared to $554.3 million in the same period of 2024[111] - Total net sales for the nine months ended September 30, 2025, were $1,446.6 million, a decrease of $168.5 million or 10.4% compared to the prior year[121] - Adjusted EBITDA for the three months ended September 30, 2025, was $70.9 million, down $6.5 million or 8.4% from $77.4 million in the prior year[117] - Adjusted EBITDA margin for Railroad and Utility Products and Services increased to 12.5%, up 2.5% from the prior year[117] - CMC adjusted EBITDA increased due to $26.2 million of lower raw material and operating expenses, partly offset by lower sales prices[131] Segment Performance - The Railroad and Utility Products and Services segment reported net sales of $232.7 million, down $15.4 million or 6.2% from $248.1 million in 2024, primarily due to lower volumes in the Class I crosstie business[111] - Performance Chemicals segment net sales decreased by $32.4 million or 18.3%, from $176.7 million in 2024 to $144.3 million in 2025[111] - Carbon Materials and Chemicals segment saw a decline in net sales of $21.2 million or 16.4%, from $129.5 million in 2024 to $108.3 million in 2025[111] - PC net sales decreased by 19% in volume, primarily due to a shift in United States market share and a slight decrease in remaining customer volumes[112] - CMC net sales decreased by $50.3 million due to the cessation of phthalic anhydride production and lower prices for carbon pitch, which were down approximately 6% globally[123] Market Trends and Projections - The Railway Tie Association estimates total crosstie purchases in 2025 to be approximately 19.9 million ties, down from 21.3 million in 2024, with a decrease expected from the commercial market[110] - Market demand for utility poles is projected to grow due to aging infrastructure and the expansion of renewable energy, with a focus on increasing market share in the western and midwestern U.S. and Canada[110] - The Leading Indicator of Remodeling Activity (LIRA) projects a year-over-year spending growth of 2.4% in early 2026 for homeowner renovation and maintenance expenditures, easing to 1.9% in Q3 2026[110] Operational Strategies and Challenges - The company is implementing transformation initiatives aimed at creating a higher margin profile and improving free cash flow over the next three years[105] - The company anticipates ongoing uncertainty related to geopolitical and supply chain challenges, impacting its operational strategies and cost management[105] Financial Management - Selling, general and administrative expenses decreased by $6.4 million compared to the prior year, mainly due to lower compensation-related costs[115] - Interest expense decreased by $3.5 million compared to the prior year due to lower interest rates and lower borrowings[117] - The company reported a net cash provided by operating activities of $77.4 million for the nine months ended September 30, 2025, compared to $44.7 million in the prior year[134] - As of September 30, 2025, the company's liquidity from its Credit Facility and cash on hand was approximately $379 million[137] - The company anticipates capital expenditures in 2025 to total approximately $52 to $55 million, funded by cash from operations[138] Compliance and Risk Management - The total net leverage ratio as of September 30, 2025, was 3.3, which is below the maximum allowed ratio of 4.75[143] - The cash interest coverage ratio as of September 30, 2025, was 4.2, exceeding the minimum requirement of 2.0[143] - Koppers Holdings Inc. can make dividend payments up to $50 million per fiscal year, with unused amounts carried over[140] - The company is currently in compliance with all covenants governing the Credit Facility[141] - The company manages working capital to enhance flexibility for debt repayment[139] - The company expects liquidity to remain adequate to meet cash requirements for at least the next twelve months[138] - There have been no material changes to critical accounting policies since the last annual report[145] - There are no material changes to market risk disclosures from the previous annual report[147]

Financial Data and Key Metrics Changes - Sales for Q3 2025 were $485 million, down 12% from Q3 2024, reflecting ongoing market headwinds [5][13] - Adjusted EBITDA for Q3 2025 was $70.9 million, compared to $77.4 million in Q3 2024, with an adjusted EPS of $1.21 per share versus $1.37 last year [5][6] - SG&A expenses were down 14% on an adjusted basis compared to the prior year, equating to over $19 million in savings [6][8] Business Line Data and Key Metrics Changes - RPS sales decreased by $15 million (6%), PC sales were down $32 million (18%), and CM&C sales decreased by $21 million (16%) compared to the prior year [13] - RPS generated adjusted EBITDA of $29 million with a 12.5% margin, while PC delivered $26 million with an 18.1% margin, and CM&C reported $16 million with a 14.4% margin [13][14] Market Data and Key Metrics Changes - The utility and industrial products market saw a 6% increase in volumes year-over-year, while residential demand was down by about 5% [19][20] - The railroad products and services business experienced a 7% decline in treated ties sales units compared to the prior year [22] Company Strategy and Development Direction - The company is focusing on cost control and simplifying its business structure, including the sale of its railroad structures business and the closure of the ThioLignin hydride plant [8][9] - The Catalyst initiative aims to enhance operational efficiency and is expected to deliver approximately $80 million in ongoing benefits by the end of 2028 [28][29] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges faced in 2025 but expressed optimism for future growth, particularly in 2026 [32][33] - The company revised its consolidated sales guidance for 2025 to $1.9 billion, reflecting a soft demand environment across most markets [30][31] Other Important Information - The board declared a quarterly cash dividend of $0.08 per share, representing a 14% increase over the 2024 dividend [17] - The company ended Q3 2025 with a net leverage ratio of 3.4 times and $379 million in available liquidity [18] Q&A Session Summary Question: Concerns about cost management in the Performance Chemicals segment - Management indicated that costs are being managed, but they are cautious about cutting too deeply in PC due to its future potential [34][35] Question: Strategy for growing the utility pole business - The company sees significant market opportunities for growth in the utility pole sector and plans to expand its capabilities [38][39] Question: Outlook for the Performance Chemicals market - Management believes the current market setback is temporary and expects to see growth returning in line with historical trends [41][42]

Q3 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 related impairment charges, profitability and anticipated expenses and cash outflows. All forward-looking statements involve risks and uncertainties. All statement ...

Koppers (KOP) came out with quarterly earnings of $1.21 per share, missing the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $1.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.20%. A quarter ago, it was expected that this maker of chemicals, carbon compounds and wood treatment products would post earnings of $1.49 per share when it actually produced earnings of $1.48, delivering a surprise of ...

Koppers Holdings Inc. 436 Seventh Avenue Pittsburgh, PA 15219-1800 Tel 412 227 2001 www.koppers.com KOPPERS REPORTS THIRD QUARTER 2025 RESULTS Exhibit 99.1 News Release FOR IMMEDIATE RELEASE For Information: Quynh McGuire Vice President, Investor Relations 412 227 2049 McGuireQT@koppers.com PITTSBURGH, November 7, 2025 – Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today reported its third quarter of 2025 results. ...

Core Viewpoint - Koppers Holdings Inc. reported a decline in net sales and adjusted EBITDA for the third quarter of 2025, attributed to market softness, while maintaining profitability through cost control measures and a focus on free cash flow generation [3][5][9]. Financial Performance - Net sales for Q3 2025 were $485.3 million, down from $554.3 million in Q3 2024, representing a decrease of 12.4% [2][5]. - Net income attributable to Koppers was $23.8 million, slightly up from $22.8 million in the prior year [5]. - Diluted earnings per share (EPS) increased to $1.17 from $1.09, while adjusted EPS fell to $1.21 from $1.37, a decrease of 11.7% [5][9]. - Adjusted EBITDA was $70.9 million, down from $77.4 million, reflecting an 8.4% decline [5][9]. Segment Performance - Railroad and Utility Products and Services net sales decreased to $232.7 million from $248.1 million, a decline of 6.2% [4][10]. - Performance Chemicals saw a significant drop in net sales to $144.3 million from $176.7 million, a decrease of 18.3% [4][10]. - Carbon Materials and Chemicals net sales fell to $108.3 million from $129.5 million, a decline of 16.4% [4][10]. Strategic Initiatives - The company is undergoing a transformation process called Catalyst, aimed at improving operational efficiency and financial performance through cost-saving initiatives [7][8]. - Koppers plans to focus on growing its more profitable segments while scaling back on lower-margin businesses, with a goal of achieving an average EPS growth of 10% annually by 2028 [8]. 2025 Outlook - Koppers revised its sales forecast for 2025 to approximately $1.9 billion, tightening its adjusted EBITDA forecast to $255 million to $260 million and adjusted EPS to $4.00 to $4.15 [9][11]. - The company anticipates challenges in end markets, except for the utility pole sector, but expects improvements in earnings and free cash flow generation in 2026 [12].

Core Points - Koppers Holdings Inc. has expanded its Board of Directors from eight to nine members, electing Laura Posadas as a new director effective November 5, 2025 [1][2] Company Overview - Koppers Holdings Inc. is an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, employing approximately 1,850 people [4] New Board Member Profile - Laura Posadas is the CEO of Canlak Coatings Inc. and has over 20 years of experience in global leadership roles within the specialty chemicals industry, known for driving innovation and strategic growth [2][3] - Posadas also chairs the advisory arm of Coqual, a global think tank focused on workplace redesign [3] Leadership Statement - Leroy Ball, Koppers Board Chair and CEO, expressed enthusiasm for Laura Posadas joining the Board, highlighting her impressive record in driving growth and innovation, which aligns with the company's future direction [4]

Core Viewpoint - Koppers Holdings Inc. plans to release its financial results for Q3 2025 on November 7, 2025, and will discuss its outlook during a conference call later that day [1]. Financial Results Announcement - The financial results will be available before the market opens on November 7, 2025 [1]. - A conference call to discuss the results is scheduled for 11:00 a.m. Eastern Time on the same day [1]. Access Information - Interested parties can access the live audio broadcast toll-free by dialing 833-366-1128 in the U.S. and Canada, or 412-902-6774 for international calls, using Conference ID number 10196739 [2]. - Participants are encouraged to join the call at least five minutes early for registration [2]. Replay Information - An audio replay of the call will be available approximately two hours after its completion, accessible through various toll-free numbers and using replay access code 1342424 [3]. - The replay will be available until February 7, 2026 [3]. Company Overview - Koppers is an integrated global provider of treated wood products, wood preservation technologies, and carbon compounds, employing around 2,000 people [4]. - The company focuses on creating and preserving essential infrastructure elements, including railroad crossties and utility poles, while innovating to meet future needs [4].

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