Kraton Performance Polymers (KRA) Tops Q4 EPS by 24c
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Kraton Performance Polymers, Inc. Announces Fourth Quarter and Full Year 2015 Results
February 23, 2016 7:34 PM ESTHOUSTON, Feb. 23, 2016 /PRNewswire/ -- Kraton Performance Polymers, Inc. (NYSE: KRA), a leading global producer of styrenic block copolymers, specialty polymers and high-value performance products derived from pine wood pulping co-products, announces financial results for the quarter and year ended December 31, 2015.
2015 FOURTH QUARTER OVERVIEW
Sales volume was 74.9 kilotons in the fourth quarter 2015 compared to 72.2 kilotons in the fourth quarter 2014. Gross profit was $66.8 million in the fourth quarter 2015 compared to $44.1 million in the fourth quarter 2014, an increase of $22.8 million. Adjusted gross profit (non-GAAP) was $77.5 million,... More