Kraton Corporation (KRA) Tops Q4 EPS by 9c
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Kraton Corporation Announces Fourth Quarter and Full Year 2020 Results
February 24, 2021 4:30 PM ESTHOUSTON, Feb. 24, 2021 /PRNewswire/ -- Kraton Corporation (NYSE: KRA), a leading global sustainable producer of specialty polymers and high-value biobased products derived from pine wood pulping co-products, announces financial results for the quarter and year ended December 31, 2020.
2020 FOURTH QUARTER AND FULL YEAR SUMMARY
Fourth quarter consolidated net loss of $21.0 million compared to consolidated net loss of $22.1 million in the fourth quarter of 2019. Fourth quarter Adjusted EBITDA(1) of $54.4 million, up 11.0% compared to the fourth quarter of 2019. Polymer segment operating income of $27.2 million in the fourth... More