secwatch.observer — SEC 8-K summary
======================================

Issuer:     Koppers Holdings Inc. (KOP)
CIK:        0001315257
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0000950170-23-004484
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Koppers reports record Q4 sales $482.6M; net income down to $13.8M; guides 2023 adj. EBITDA ~$250M
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1315257/000095017023004484/0000950170-23-004484-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1315257/000095017023004484/kop-20230227.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-004484

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer