8-K
filed May 8, 2026, 7:59 PM ET
ticker KOP
CIK 0001315257
other material
confidence high
sentiment negative
materiality 0.85
Koppers Holdings Inc. (KOP): restructuring charge — Koppers conditionally plans to shut Stickney, IL chemical operations; Q1 adjusted EPS down 19.7%
Koppers Holdings Inc.
- Q1 sales $455.3M (flat YoY); net income $7.1M vs loss of $13.9M; adjusted EPS $0.57 vs $0.71.
- Conditional decision to discontinue Stickney distillation by Dec 31, 2026, affecting ~85 employees; pending union negotiations.
- Pre-tax charges $227M–$262M through 2029, including $170M–$195M non-cash and $57M–$67M cash outlays.
- Expected annual free cash flow improvement of $15M–$25M; adjusted EBITDA benefit $15M–$20M/yr; adjusted EPS benefit $1.00–$1.20.
- Production to shift to Nyborg, Denmark facility in Q4 2026; enhanced shipping/terminal capabilities to serve customers.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
Koppers Holdings Inc. reported first quarter of 2026 results: revenue Sales of $455.3 million, net income Net income (loss) of $7.1 million, EPS Diluted EPS of $0.35.
- Period
- first quarter of 2026
- Revenue
- Sales of $455.3 million
- Net income
- Net income (loss) of $7.1 million
- EPS
- Diluted EPS of $0.35
- Result
- reported results
Exact text from the filing
McGuireQT@koppers.com Koppers Holdings Inc. 436 Seventh Avenue Pittsburgh, PA 15219-1800 Tel 412 227 2001 www.koppers.com KOPPERS REPORTS FIRST QUARTER 2026 RESULTS • Sales of $455.3 million vs. $456.5 million in Prior Year Quarter • Net income (loss) of $7.1 million vs. $(13.9) million in Prior Year Quarter • Diluted EPS of $0.35 vs. $(0.68) in Prior Year Quarter •
View on SEC.gov
Restructurings & Charges
SEC 8-K Item 2.05/2.06
confidence 0.9
Koppers Holdings Inc. announced a restructuring with charges of $227 million to $262 million affecting Stickney, Illinois facility (approximately 85 employees).
- Type
- restructuring
- Charge
- $227 million to $262 million
- Affected area
- Stickney, Illinois facility
- Headcount
- approximately 85 employees
Exact text from the filing
potentially appropriate uses for the Stickney facility following the end of production activities. The Company expects this action to result in pre-tax charges to earnings of $227 million to $262 million through the end of 2029, approximately $170 million to $195 million of which constitutes non-cash charges and approximately $57 million to $67 million of which
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Koppers Holdings Inc. shareholders approved Approval of the First Amendment to the Koppers Holdings Inc. Amended and Restated Employee Stock Purchase Plan.
- Proposal
- equity plan
- Outcome
- passed
Exact text from the filing
Approval of the First Amendment to the Koppers Holdings Inc. Amended and Restated Employee Stock Purchase Plan: The proposal to approve the First Amendment to the Koppers Holdings Inc. Amended and Restated Employee Stock Purchase Plan was approved.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Koppers Holdings Inc. shareholders approved Ratification of the appointment of KPMG LLP as our independent registered public accounting firm for 2026.
- Proposal
- auditor ratification
- Outcome
- passed
Exact text from the filing
Ratification of Appointment of KPMG LLP: The Audit Committee of our Board of Directors appointed KPMG LLP as our independent registered public accounting firm for fiscal year 2026.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Koppers Holdings Inc. shareholders approved Election of eight persons to serve on our Board of Directors.
- Proposal
- director election
- Outcome
- passed
Exact text from the filing
Election of Directors: Nominations of Leroy M. Ball, Xudong Feng, Ph.D., Traci L. Jensen, David L. Motley, Laura J. Posadas, Andrew D. Sandifer, Nishan J. Vartanian and Sonja M. Wilkerson to serve as directors for one-year terms expiring in 2027 were considered, and all nominees were elected.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Koppers Holdings Inc. shareholders approved Advisory resolution to approve named executive officer compensation.
- Proposal
- say on pay
- Outcome
- passed
Exact text from the filing
Advisory Resolution to Approve Named Executive Officer Compensation: The advisory resolution approving the compensation of our named executive officers as disclosed in the Notice of Annual Meeting and Proxy Statement for the 2026 Annual Meeting was approved.
View on SEC.gov
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