Koppers Holdings(KOP)

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Koppers Management Meeting with Financial Community in Boston and New York
Prnewswire· 2025-08-11 11:55
Company Overview - Koppers Holdings Inc. is an integrated global provider of essential treated wood products, wood preservation technologies, and carbon compounds [2] - The company employs approximately 2,100 individuals who focus on creating, protecting, and preserving key elements of global infrastructure [2] - Koppers' products include railroad crossties, utility poles, outdoor wooden structures, and production feedstocks for steel, aluminum, and construction materials [2] Recent Developments - Koppers announced it will host meetings with the investment community, featuring management representation from CEO Leroy Ball and VP of Investor Relations Quynh McGuire [1] - Presentation materials for the meetings will be available on the company's Investor Relations section of its website [1] Contact Information - Media inquiries should be directed to Jessica Franklin Black, while inquiries from the investment community should be directed to Quynh McGuire [3]
Koppers Holdings(KOP) - 2025 Q2 - Earnings Call Transcript
2025-08-08 16:00
Financial Data and Key Metrics Changes - Consolidated second quarter sales were $500 million, down 10.4% from the prior year [18] - Adjusted EBITDA for the second quarter was $77 million with a 15.3% margin, marking the first time in eight years that adjusted EBITDA margins exceeded 15% [19][62] - The company generated cash flow of over $50 million in the quarter and reduced net debt by approximately $20 million [7][25] Business Line Data and Key Metrics Changes - RUPS segment sales decreased to $250 million from $254 million in the prior year, impacted by lower Class I crosstie volumes [19][20] - Performance Chemicals (PC) sales were $151 million, down from $177 million, with a 15% volume decrease primarily in The Americas [21] - Centimeters and C sales decreased to $104 million from $132 million, driven by lower volumes of phthalic anhydride and carbon black feedstock [22] Market Data and Key Metrics Changes - PC volumes were down by about 2% compared to prior year expectations of a couple percent improvement [29] - Class I demand is expected to tail off in the second half, similar to the previous year [7] - The untreated crosstie market prices remained stable compared to last year, while crosstie procurement was down 13% [20] Company Strategy and Development Direction - The company is focused on transforming into a high-performance organization aiming for mid to high teens EBITDA margins by 2027 [6][14] - A definitive agreement was signed to sell the railroad structures business, which has been a drag on margins [12] - The Catalyst transformation process was launched to improve business operations and unlock opportunities [13][14] Management's Comments on Operating Environment and Future Outlook - Management noted a sluggish demand environment across the portfolio, with expectations for the second half of the year to remain similar to the first half [7][30] - The company is revising its consolidated sales guidance for 2025 to $1.9 billion to $2 billion, reflecting a lack of material change in demand [38] - Despite the challenges, management remains optimistic about future performance improvements and margin expansion [42] Other Important Information - The company has been named to Time Magazine's America's Best Midsize Companies of 2025, recognizing exceptional performance and employee satisfaction [11] - The quarterly dividend was declared at $0.08 per share, representing a 14% increase over the previous year [24] Q&A Session Summary Question: How have the contracts with Class I customers been going? - Management indicated that long-term contracts are in place, and while they have maximized cost recovery, volume throughput remains a concern [47][48] Question: What is the outlook for the industrial side of the PC business? - Management noted that while there are signs of life in the industrial side, significant improvement will depend on the residential side recovering [52][53] Question: What is the status of the Catalyst transformation? - Management described Catalyst as a change management process aimed at unlocking opportunities and improving performance sustainably [60][61] Question: How will the proposed consolidation among rail companies affect the business? - Management stated it is too early to determine the impact of potential mergers among rail companies on pricing or demand [74] Question: What drives the target for high teens EBITDA margins? - Management emphasized that volume recovery across various business segments will significantly impact margins, alongside ongoing cost-saving initiatives [76][79]
Koppers Holdings(KOP) - 2025 Q2 - Quarterly Report
2025-08-08 15:59
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 June 30, 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 (St ...
Koppers Delivers Record Q2 Margin
The Motley Fool· 2025-08-08 15:57
Koppers (KOP -14.76%) reported second quarter 2025 results on August 8, 2025, delivering adjusted EBITDA of $77 million (15.3% margin) on sales of $505 million, a 10.4% year-over-year drop in consolidated sales. Despite revenue declines across all core segments, the company achieved a record adjusted EBITDA margin performance of 15.3%, announced a $0.32 per share annual dividend for 2025, up 14% year-over-year, and reduced full-year sales and adjusted EBITDA guidance amid ongoing industry-wide demand weakne ...
Koppers Holdings(KOP) - 2025 Q2 - Earnings Call Presentation
2025-08-08 15:00
Financial Performance - Koppers' Q2 2025 sales were $5048 million, a 104% decrease compared to $5632 million in Q2 2024[28] - Adjusted EBITDA for Q2 2025 was $771 million, slightly down from $775 million in Q2 2024[31] - The company generated cash flow exceeding $50 million in Q2[6] - Koppers is aiming for mid-to-high teens margins by the end of 2027[6] Segment Performance - Railroad and Utility Products and Services (RUPS) sales decreased from $2539 million in Q2 2024 to $2504 million in Q2 2025[95] - Performance Chemicals (PC) sales decreased from $1769 million in Q2 2024 to $1508 million in Q2 2025, a 15% volume decrease primarily in the Americas[46, 95] - Carbon Materials and Chemicals (CMC) sales decreased from $1324 million in Q2 2024 to $1036 million in Q2 2025, driven by volume decreases and lower sales prices[52, 95] Strategic Initiatives - Koppers launched "Catalyst," a strategic transformation to improve profitability and shareholder value[6, 22] - The company reduced Year-To-Date Selling, General and Administrative Expense (SG&A) by 13% compared to the prior year[6] - Koppers reduced headcount for 14 consecutive months, with Full-Time Employees (FTEs) 11% lower compared to April 2024[6] - The sale of Koppers Railroad Structures is expected to close in Q3 2025, with a 5-year sales average of $36 million and a 5-year EBITDA average of $2 million[6, 21]
Koppers (KOP) Q2 Earnings and Revenues Miss Estimates
ZACKS· 2025-08-08 14:06
Koppers (KOP) came out with quarterly earnings of $1.48 per share, missing the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.67%. A quarter ago, it was expected that this maker of chemicals, carbon compounds and wood treatment products would post earnings of $0.56 per share when it actually produced earnings of $0.71, delivering a surprise of ...
Koppers Holdings(KOP) - 2025 Q2 - Quarterly Results
2025-08-08 12:10
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 SECOND QUARTER 2025 RESULTS; REVISES 2025 OUTLOOK PITTSBURGH, August 8, 2025 – Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today reported its second qua ...
KOPPERS REPORTS SECOND QUARTER 2025 RESULTS; REVISES 2025 OUTLOOK
Prnewswire· 2025-08-08 11:55
Core Viewpoint - Koppers Holdings Inc. reported a decline in net sales and net income for the second quarter of 2025, attributed to sluggish demand across all business segments, while adjusted earnings showed slight improvement due to cost-saving measures and operational efficiencies [3][5][7]. Financial Performance - Net sales for Q2 2025 were $504.8 million, down from $563.2 million in Q2 2024, representing a decrease of $58.4 million or 10.4% [2][5]. - Net income attributable to Koppers was $16.4 million, a decline of $10.4 million or 38.8% from $26.8 million in the prior year [2][5]. - Diluted earnings per share (EPS) decreased to $0.81 from $1.25, a drop of 35.2% [2][5]. - Adjusted EPS increased to $1.48 from $1.36, reflecting a growth of 8.8% [2][5]. - Adjusted EBITDA was $77.1 million, slightly down from $77.5 million, a decrease of 0.5% [2][5]. Segment Performance - Railroad and Utility Products and Services net sales were $250.4 million, down 1.4% from $253.9 million [4][29]. - Performance Chemicals net sales decreased by 14.8% to $150.8 million from $176.9 million [4][29]. - Carbon Materials and Chemicals saw a 21.8% decline in net sales to $103.6 million from $132.4 million [4][29]. - Adjusted EBITDA margins improved in Railroad and Utility Products and Services to 12.6%, while Performance Chemicals decreased to 19.0% [4][29]. Operational Insights - The company has experienced a 14-month decline in its global employee base, totaling an 11% reduction since April 2024 [3]. - The exit from the phthalic anhydride business has positively impacted margins [3]. - Strong operating cash flow and reduced capital expenditures allowed for debt reduction and capital return to shareholders through share repurchases and dividends [3]. 2025 Outlook - Koppers revised its sales forecast to approximately $1.9 billion to $2.0 billion, down from a previous estimate of $2.0 billion to $2.2 billion [7][8]. - Adjusted EBITDA is now projected to be between $250 million and $270 million, with adjusted EPS expected to be approximately $4.00 to $4.60 per share [7][8]. - The company anticipates significant benefits from cost reduction initiatives despite ongoing demand challenges [7][9]. Strategic Initiatives - The Catalyst transformation process initiated at the beginning of 2025 is expected to achieve a sustainable mid to high teens adjusted EBITDA margin in the next two to three years [10]. - The company plans to utilize the majority of free cash flow generated in the latter half of the year to reduce borrowings [9].
Koppers Holdings Inc. Schedules Second Quarter 2025 Conference Call
Prnewswire· 2025-07-25 11:55
Core Viewpoint - Koppers Holdings Inc. is set to release its financial results for Q2 2025 on August 8, 2025, and will discuss its outlook during a conference call later that day [1]. Company Overview - Koppers Holdings Inc. is an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, employing 2,100 people [4]. - The company focuses on creating, protecting, and preserving essential infrastructure elements, including railroad crossties, utility poles, and outdoor wooden structures, while also providing production feedstocks for steel, aluminum, and construction materials [4]. - Koppers emphasizes innovation and sustainability in its operations, aiming to provide safe solutions for rail transportation and power supply [4]. Conference Call Details - The financial results will be discussed in a conference call scheduled for 11:00 a.m. Eastern Time on August 8, 2025, with presentation materials available 15 minutes prior [1]. - Interested parties can access the live audio broadcast by dialing specific toll-free numbers for the U.S., Canada, and international participants, with a request to join the call five minutes early for registration [2]. - An audio replay of the call will be available approximately two hours after its completion and can be accessed until November 8, 2025 [3].
3 Top-Ranked Efficient Stocks to Buy Amid Volatile Market Conditions
ZACKS· 2025-07-10 12:56
Core Insights - The article emphasizes the importance of efficiency levels in assessing a company's potential for profitability, suggesting that higher efficiency correlates with better price performance [1] Efficiency Ratios - Receivables Turnover measures a company's ability to extend credit and collect debts, with a higher ratio indicating better performance [2] - Asset Utilization indicates how effectively a company converts its assets into sales, with higher values suggesting greater efficiency [3] - Inventory Turnover assesses a company's ability to manage inventory relative to its cost of goods sold, where a higher ratio indicates better inventory management [4] - Operating Margin reflects a company's control over operating expenses, with higher margins indicating more efficient expense management [5] Screening Criteria - The screening process included efficiency ratios that surpassed industry averages, narrowing down over 7,906 stocks to 12 candidates [7] - A favorable Zacks Rank of 1 (Strong Buy) was also included to enhance the profitability of the strategy [6] Selected Stocks - Post Holdings (POST), CarGurus (CARG), and Koppers (KOP) were identified as top stocks based on strong efficiency metrics, each exceeding industry averages [8] - POST reported an average earnings surprise of 22.9%, CARG had 11.8%, and KOP achieved 6% [8][9][10][11]