PITTSBURGH, Feb. 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 its Board of Directors has approved a 14 percent increase in the planned quarterly dividend rate for 2025, from $0.07 to $0.08 per share of Koppers common stock.  A quarterly dividend will be paid on March 24, 2025, to shareholders of record as of the close of trading on March 7, 2025. At this quarterly divid ...

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]

Fifth Consecutive Year of Recognition and Highest Ranking EverPITTSBURGH, Dec. 18, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, has been named to America's Most Responsible Companies 2025 list by Newsweek magazine for the fifth consecutive year. Koppers achieved its highest placement ever, ranking No. 113 out of 600 finalists and No. 9 out of 56 in the Materials & Chemicals category."Koppers is ...

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].

Consistent with Strategy to Optimize Business Portfolio and Enhance Free Cash FlowPITTSBURGH, Dec. 5, 2024 /PRNewswire/ -- Koppers Inc., a wholly-owned subsidiary of Koppers Holdings Inc. (NYSE: KOP), today announced that the company will discontinue phthalic anhydride production at its facility in Stickney, Illinois, in 2025.The decision, affecting approximately 25 employees, was driven by significant near-term capital spending requirements that could not be economically justified by end-market projections ...

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 ...

PITTSBURGH, Nov. 26, 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 BofA Securities Leveraged Finance Conference, which will be in-person in Boca Raton, Florida, on December 3, 2024.Koppers management will be represented by Jimmi Sue Smith, Chief Financial Officer, and Quynh McGuire, Vice President of Investor Relations. In addition, the conference will feature a fireside chat with M ...

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 ...

Shares of Koppers (KOP) have gained 3% over the past four weeks to close the last trading session at $38.03, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $64.67 indicates a potential upside of 70.1%.The average comprises three short-term price targets ranging from a low of $64 to a high of $65, with a standard deviation of $0.58. While the lowest estimate indicates an increas ...