Kraton Performance Polymers (KRA) Misses Q2 EPS by 39c

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Go back to Kraton Performance Polymers (KRA) Misses Q2 EPS by 39c

Kraton Performance Polymers, Inc. Announces Second Quarter 2015 Results

July 29, 2015 5:22 PM EDT

HOUSTON, July 29, 2015 /PRNewswire/ -- Kraton Performance Polymers, Inc. (NYSE: KRA), a leading global producer of styrenic block copolymers, announces financial results for the quarter ended June 30, 2015.

2015 SECOND QUARTER OVERVIEW

Compared to the second quarter of 2014, second quarter 2015 GAAP and non-GAAP results were negatively impacted by operating issues at certain production facilities amounting to $7.5 million, and an increase in turnaround costs primarily related to our facility in Berre, France, amounting to $5.7 million, or an aggregate decline in quarter over quarter results of $13.2 million. Sales volume was 76.2... More