Koppers Q2 net loss $147.5M on $215.8M impairment; adjusted EPS $1.37 vs $1.48

Koppers Holdings Inc.

Net loss of $147.5M vs prior-year income of $16.4M; includes $215.8M impairment, restructuring, plant closure costs.
Sales up 3% to $520.1M; adjusted EPS $1.37 vs $1.48, down 7.4%.
Adjusted EBITDA $71.0M vs $77.1M, down 7.9%.
Record YTD operating cash flow $96.3M (vs $27.8M) and free cash flow $72.6M (vs $1.4M).
Returned $47.4M to shareholders YTD vs $32.4M in prior year period.

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