Kraton Corporation (KRA) Tops Q1 EPS by 23c
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Kraton Corporation Announces First Quarter 2021 Results
April 28, 2021 4:20 PM EDTHOUSTON, April 28, 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 ended March 31, 2021.
FIRST QUARTER 2021 SUMMARY
Consolidated net income of $34.6 million, compared to $209.0 million in the first quarter of 2020. Consolidated net income decline related to the first quarter 2020 gain on disposition of our Cariflex business.Adjusted EBITDA(1) of $67.7 million, down 13.0% compared to the first quarter of 2020. Polymer segment operating... More