Kraton Corporation (KRA) Tops Q1 EPS by 3c

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Kraton Corporation Announces First Quarter 2018 Results

April 25, 2018 4:21 PM EDT

HOUSTON, April 25, 2018 /PRNewswire/ -- Kraton Corporation (NYSE: KRA), a leading global specialty chemicals company that manufactures styrenic block copolymers ("SBCs"), specialty polymers, and high-value performance products primarily derived from pine wood pulping co-products, announces financial results for the quarter ended March 31, 2018.

FIRST QUARTER 2018 SUMMARY

First quarter consolidated net income of $22.1 million compared to $6.4 million in the first quarter of 2017 First quarter Adjusted EBITDA(1) of $88.6 million increased 35.2% compared to the first quarter of 2017; largely driven by improved unit margins in our Polymer segment and... More