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Koppers Holdings Inc (KOP.N)

KOP.N on New York Stock Exchange

41.70USD
27 Mar 2017
Change (% chg)

$0.40 (+0.97%)
Prev Close
$41.30
Open
$40.90
Day's High
$41.85
Day's Low
$40.35
Volume
26,102
Avg. Vol
37,413
52-wk High
$45.85
52-wk Low
$21.38

Latest Key Developments (Source: Significant Developments)

Koppers Holdings reports Q4 EPS $0.30
Thursday, 23 Feb 2017 08:32am EST 

Koppers Holdings Inc - : Reports fourth quarter 2016 results . Sees fy 2017 adjusted earnings per share $2.75 to $2.85 . Q4 adjusted earnings per share $0.40 . Q4 sales fell 13.9 percent to $313.2 million . Q4 earnings per share $0.30 . Q4 earnings per share view $0.26 -- Thomson Reuters I/B/E/S . Says expects that its 2017 sales will be relatively flat year-over-year and remain at approximately $1.4 billion . Says anticipate capital expenditures to be in range of $70 million to $75 million in 2017 . By 2017 end, net debt is projected to decline despite higher capital spending,as targeting net debt levels of 3.5 times adjusted ebitda or lower .Fy2017 earnings per share view $2.81, revenue view $1.42 billion -- Thomson Reuters I/B/E/S.  Full Article

Koppers Holdings says on Feb 17, unit entered into a credit agreement - SEC filing
Wednesday, 22 Feb 2017 09:15am EST 

Koppers Holdings Inc : Koppers Holdings Inc - on February 17, 2017, unit entered into a credit agreement - SEC filing . Koppers Holdings Inc - credit agreement provides for a $400 million revolving credit facility . Koppers Holdings Inc - credit agreement will mature on February 17, 2022 . Koppers Holdings - agreement provides for co to request increases to borrowing commitments under revolving credit facility of up to $100 million in aggregate .Koppers Holdings Inc - credit agrrement is replacing prior credit agreement provided for $500 million revolving credit facility and $300 million term loan.  Full Article

Koppers Inc announces pricing of upsized $500 million senior notes offering
Friday, 20 Jan 2017 08:30am EST 

Koppers Holdings Inc : Koppers Inc announces pricing of upsized $500 million senior notes offering . Koppers Holdings - pricing of its $500 million aggregate principal amount of 6.00 pct senior notes due 2025 at an issue price of 100 pct of principal amoun . Koppers Holdings Inc says size of offering was increased by $100 million from previously announced offering size of $400 million . Koppers Holdings Inc says notes and will mature on february 15, 2025 unless earlier redeemed or repurchased .Koppers Holdings says new senior secured credit facility if consummated, new senior secured credit facility will mature on Aug. 15, 2019.  Full Article

Koppers Holdings Q2 adjusted earnings per share $0.93
Thursday, 4 Aug 2016 08:24am EDT 

Koppers Holdings Inc : Q2 adjusted earnings per share $0.93 . Q2 earnings per share $0.57 . Koppers Holdings Inc. Reports second quarter 2016 results . Q2 sales fell 10.8 percent to $385.1 million . Q2 earnings per share view $0.61 -- Thomson Reuters I/B/E/S . Company is increasing its estimate for 2016 capital expenditures to be $42 to $47 million . Company is reducing its 2016 sales outlook to approximately $1.4 billion, due to lower expected sales volumes in its CMC segment .Is increasing its guidance for adjusted EBITDA to be in range of $162 to $172 million for 2016.  Full Article

Koppers Holdings reports Q1 loss per share of $0.06
Friday, 6 May 2016 08:00am EDT 

Koppers Holdings Inc : Koppers holdings inc. Reports first quarter 2016 results . Q1 sales fell 12.8 percent to $346.8 million . Sees fy 2016 adjusted earnings per share $1.85 to $2.10 . Q1 adjusted earnings per share $0.28 . Q1 loss per share $0.06 . Sees fy 2016 sales about $1.5 billion . Q1 earnings per share view $0.09 -- Thomson Reuters I/B/E/S . Says continues to expect capital expenditures to be $40 to $45 million in 2016 . Says company maintains its targeted range of $85 to $110 million debt reduction in 2016 . Sees 2016 adjusted ebitda anticipated to be in range of $160 to $168 million . Fy2016 earnings per share view $1.90, revenue view $1.51 billion -- Thomson Reuters I/B/E/S .Q1 earnings per share view $0.09, revenue view $364.5 million -- Thomson Reuters I/B/E/S.  Full Article

Koppers Holdings Inc reaffirms FY 2015 guidance
Thursday, 6 Aug 2015 08:45am EDT 

Koppers Holdings Inc:Sees FY 2015 sales about $1.7 billion.Sees FY 2015 adjusted EBITDA in the range of $165 to $175 million.Sees FY 2015 adjusted earnings per share between $1.60 and $1.90.  Full Article

Koppers Holdings Inc announces sale of concrete tie business
Monday, 13 Jul 2015 09:00am EDT 

Koppers Holdings Inc:Announces sale of concrete tie business.Sale of ksa limited partnership to rocla concrete tie, inc. for an undisclosed sales price.Says ksa is a 50/50 joint venture between Koppers and certain subsidiaries of lehigh hanson, inc.Says announced sale of its jointly-owned concrete tie business, ksa limited partnership to rocla concrete tie, inc.  Full Article

Koppers Holdings Inc chinese joint venture restructures supply agreement for $30 mln payment
Tuesday, 7 Jul 2015 08:39am EDT 

Koppers Holdings Inc:Chinese joint venture restructures supply agreement for $30 mln payment.Says revised agreement calls for shipments to begin no later than March 31, 2016.Another change is revision of the pricing formula to accommodate current unfavorable market condition.As of current date,c-chem has yet to commence operations and kjcc has had to sell production into a challenging domestic market".Says expect to use up to half of $30 mln payment to restructure debt of KJCC joint venture.Remainder of proceeds to be used to pay outstanding construction obligations and fund working capital.  Full Article

Koppers Holdings Inc affirms FY 2015 guidance
Friday, 8 May 2015 08:35am EDT 

Koppers Holdings Inc:Reaffirms FY 2015 guidance that provides for sales of about $1.7 billion, adjusted EBITDA of $165 million-175 million, and adjusted EPS of $1.60-$1.90.FY 2015 EPS of $1.66 and revenue of $1.76 billion - Thomson Reuters I/B/E/S.  Full Article

Koppers Holdings Inc's subsidiary announces contract extensions
Thursday, 16 Apr 2015 08:45am EDT 

Koppers Holdings Inc:Says a subsidiary, Koppers Inc agreed to contract extensions with each of BNSF Railway Co (BNSF) and CSX Transportation, Inc (CSX).  Full Article

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BRIEF-Koppers Holdings reports Q4 EPS $0.30

* Q4 earnings per share view $0.26 -- Thomson Reuters I/B/E/S