Core Points - Koppers Holdings Inc. will participate in the Southwest IDEAS Investor Conference in Dallas on November 20, 2025, hosting meetings with the investment community [1] - The company's management will include Bradley Pearce, Chief Accounting Officer, and Quynh McGuire, Vice President of Investor Relations, with presentation materials available on their website [2] Company Overview - Koppers is an integrated global provider of treated wood products, wood preservation technologies, and carbon compounds, employing approximately 1,850 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]

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].

Core Insights - Koppers Holdings Inc. reported a decline in net sales for Q1 2025, totaling $456.5 million, down 8.3% from $497.6 million in Q1 2024 [2][5] - The company experienced a net loss of $13.9 million in Q1 2025, compared to a net income of $13.0 million in the same quarter of the previous year, marking a significant change of -206.9% [2][5] - Adjusted net income attributable to Koppers increased to $14.6 million, up 7.4% from $13.6 million in Q1 2024 [2][5] - The adjusted EBITDA for the quarter was $55.5 million, reflecting a 7.8% increase from $51.5 million in the prior year [2][5] Financial Performance - Net sales by segment for Q1 2025: - Railroad and Utility Products and Services: $235.0 million, up 4.4% from $225.1 million [4][29] - Performance Chemicals: $120.9 million, down 19.5% from $150.1 million [4][29] - Carbon Materials and Chemicals: $100.6 million, down 17.8% from $122.4 million [4][29] - Adjusted EBITDA by segment for Q1 2025: - Railroad and Utility Products and Services: $25.5 million, up 44.1% from $17.7 million [4][29] - Performance Chemicals: $20.1 million, down 32.6% from $29.8 million [4][29] - Carbon Materials and Chemicals: $9.9 million, up 147.5% from $4.0 million [4][29] 2025 Outlook - Koppers updated its sales forecast for 2025 to approximately $2.0 billion to $2.2 billion, down from the previous estimate of $2.17 billion [6][7] - The company aims to achieve adjusted EBITDA of approximately $280 million and adjusted EPS of $4.75 per share for 2025 [6][7] - Capital expenditures are projected to be $65 million for 2025, down from $77.4 million in 2024 [7] Management Commentary - CEO Leroy Ball noted that cost reduction measures have positively impacted profitability despite lower sales volumes [3][8] - The company remains cautiously optimistic about achieving its adjusted earnings per share guidance of $4.75 for the year, citing opportunities for improved profitability [8]

Core Viewpoint - Koppers Holdings Inc. has published its 2024 Annual Report and Letter to Shareholders, which includes audited financial statements for the fiscal year ended December 31, 2024, filed with the SEC on March 28, 2025 [1]. Company Overview - Koppers is an integrated global provider of treated wood products, wood preservation technologies, and carbon compounds, employing 2,100 individuals [3]. - The company focuses on creating, protecting, and preserving essential elements of global infrastructure, including railroad crossties, utility poles, and outdoor wooden structures [3]. - Koppers aims to provide safe and sustainable solutions that support rail transportation, power supply, and recreational spaces [3].