Welcome to our dedicated page for Koppers Hldgs news (Ticker: KOP), a resource for investors and traders seeking the latest updates and insights on Koppers Hldgs stock.
Koppers Holdings Inc. (NYSE: KOP) provides essential treated wood products and carbon compounds for global infrastructure markets. This news hub offers investors and industry professionals timely updates on operational developments, financial performance, and strategic initiatives shaping this industrial solutions provider.
Access official press releases covering earnings announcements, facility expansions, and product innovations across three core segments: Railroad & Utility Products, Performance Chemicals, and Carbon Materials. Stay informed about partnerships, sustainability efforts, and market positioning in wood preservation technologies.
Our curated news collection enables efficient tracking of Koppers' global manufacturing developments and supply chain enhancements. Monitor updates on critical infrastructure projects, chemical treatment advancements, and regulatory compliance milestones that impact long-term value creation.
Bookmark this page for direct access to verified corporate communications. Combine these resources with SEC filings and industry analysis to maintain a comprehensive view of Koppers' role in railroad safety, utility infrastructure, and industrial chemical markets.
Koppers Holdings (NYSE: KOP) announced participation in two upcoming investor conferences. The company will attend the Singular Research Spring Select Webinar virtually on May 22, 2024, represented by Bradley Pearce, Chief Accounting Officer, and Quynh McGuire, VP of Investor Relations. Additionally, Koppers will participate in the B. Riley Securities Institutional Investor Conference in Beverly Hills, California, on May 23, 2024. This event will feature Jimmi Sue Smith, CFO, and Quynh McGuire, VP of Investor Relations. Presentation materials will be accessible on the company's website under the Investor Relations section.
Koppers Holdings (NYSE: KOP) announced its participation in the Barrington Research Spring Investment Conference, scheduled for May 16, 2024. The event will be held virtually, and Koppers will host meetings with the investment community. Representing Koppers will be Jimmi Sue Smith, CFO, and Quynh McGuire, VP of Investor Relations. Presentation materials will be accessible on the company's Investor Relations webpage.
Koppers Holdings Inc. reported First Quarter 2024 Results showing a net income of $13.0 million, or $0.59 per diluted share, a decrease from the prior year. Adjusted EPS was $0.62, a decline from $1.12 in the prior year. Consolidated net sales decreased by 3.1% to $497.6 million. The Railroad and Utility Products and Services business performed well, while the Performance Chemicals segment saw growth. However, the Carbon Materials and Chemicals segment experienced reduced market demand. The outlook for 2024 projects sales of $2.25 billion and adjusted EPS of $4.10 to $4.60 per share.
Koppers Holdings Inc. reported first quarter 2024 results, with a decline in net income, sales, and adjusted EPS compared to the prior year quarter. The Railroad and Utility Products and Services segment showed growth, while the Performance Chemicals segment performed well. However, the Carbon Materials and Chemicals segment experienced reduced market demand. The company provided an updated outlook for 2024, expecting sales of approximately $2.25 billion and adjusted EBITDA of $265-280 million.
Koppers Holdings Inc. (NYSE: KOP) declared a quarterly cash dividend of $0.07 per share of common stock, payable on June 10, 2024, to shareholders of record as of May 24, 2024. The company expects to continue paying regular dividends, subject to Board approval and financial performance.