earnings
confidence high
sentiment positive
materiality 0.75
Koppers reports record Q4 sales $482.6M; net income down to $13.8M; guides 2023 adj. EBITDA ~$250M
Koppers Holdings Inc.
2022-FY EPS reported
$2.98
revenue$1,980,500,000
- Q4 sales $482.6M (record, +19.1% YoY); net income $13.8M ($0.65 diluted) vs $22.2M ($1.01) prior year.
- Adjusted EPS $1.09 vs $0.77; full-year sales $1.98B (record), adj. EBITDA $228.1M, adj. EPS $4.14.
- RUPS Q4 sales $193.0M (record, +24%); PC sales $140.8M (record) but margin compression; CMC sales $148.8M.
- 2023 guidance: sales ~$2.1B, adj. EBITDA ~$250M, adj. EPS ~$4.40; capex ~$105M with $40M discretionary.
- Declared first dividend since 2014; repurchased $23.6M stock; acquired Gross & Janes assets.