Business
Koppers Reports Fourth Quarter and Full-Year 2024 Results; Provides 2025 Outlook
Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today reported net loss attributable to Koppers for the fourth quarter of 2024 of $10.2 million, or $0.50 per diluted share, compared to net income attributable to Koppers for the fourth quarter of 2023 of $12.9 million, or $0.59 per diluted share.
About this update from Koppers Holdings Inc.
[{"type":"text","content":"Fourth-Quarter Sales of $477.0 Million vs. $513.2 Million in Prior Year Quarter","length":79,"tagName":"p","attribs":{}},{"type":"text","content":"Full-Year Sales of $2.09 Billion vs. $2.15 Billion in Prior Year","length":64,"tagName":"p","attribs":{}},{"type":"text","content":"PITTSBURGH, Feb. 27, 2025 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today reported net loss attributable to Koppers for the fourth quarter of 2024 of $10.2 million, or $0.50 per diluted share, compared to net income attributable to Koppers for the fourth quarter of 2023 of $12.9 million, or $0.59 per diluted share.","length":434,"tagName":"p"},{"type":"image","alt":"Koppers Logo","displaySize":"","headline":null,"caption":"Koppers Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":156,"url":"https://media.zenfs.com/en/prnewswire.com/682081f3edda1a3d45009889000c3b2e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/z7A8E5n3w0JCd1Q1tFHIxg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI3NTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/682081f3edda1a3d45009889000c3b2e","width":400,"height":156}},"href":"https://mma.prnewswire.com/media/432033/Koppers_Holdings_Inc_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Adjusted net income attributable to Koppers and adjusted earnings per share (EPS) were $16.0 million, or $0.77 per share for the fourth quarter of 2024, compared to $14.5 million, or $0.67 per share in the prior year quarter. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for the fourth quarter of 2024 were $55.2 million, compared with $53.9 million in the prior year quarter.","length":412,"tagName":"p"},{"type":"text","content":"Consolidated sales of $477.0 million decreased by $36.2 million, or 7.1 percent, compared with $513.2 million in the prior year quarter.","length":136,"tagName":"p"},{"type":"text","content":"The Railroad and Utility Products and Services (RUPS) business reported lower sales and profitability primarily as a result of lower volumes for Class I crossties and higher costs, despite fourth-quarter records in operating profit and adjusted EBITDA achieved by the domestic utility pole business.","...