Koppers Holdings (KOP) Misses Q4 EPS by 18c

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Go back to Koppers Holdings (KOP) Misses Q4 EPS by 18c

Koppers Holdings Inc. Reports Fourth Quarter 2015 Results; Announces Closure of Three More CMC Distillation Facilities; 2016 Guidance Reflects Continued Shift Towards RUPS and PC Segments

February 25, 2016 8:01 AM EST

PITTSBURGH, PA -- (Marketwired) -- 02/25/16 --  Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, today reported consolidated sales of $363.7 million for the fourth quarter of 2015, a decrease of 14.8 percent, or $63 million, from sales of $426.7 million in the fourth quarter of 2014. The sales decline was primarily related to Carbon Materials and Chemicals (CMC), driven by lower sales volumes for carbon pitch and carbon black feedstock combined with lower sales prices for carbon black feedstock, naphthalene, and phthalic... More