earnings
confidence high
sentiment positive
materiality 0.85
Koppers posts record FY2021 sales $1.68B, adjusted EBITDA $223.5M; reinstates dividend
Koppers Holdings Inc.
2021-FY EPS reported
$3.88
revenue$1,678,600,000
- FY2021 net income $85.2M, diluted EPS $3.90, adjusted EPS $4.21; Q4 net income $22.2M, adjusted EPS $0.77.
- CMC segment Q4 record EBITDA $24.9M (+73% YoY); RUPS EBITDA fell to $6.2M on lower rail volumes and costs.
- 2022 outlook: sales ~$1.8B, adjusted EBITDA ~$230M, adjusted EPS ~$4.25; capex $95M.
- Board reinstates quarterly cash dividend at $0.05/share, first since 2014; payable April 4 to holders of record March 18.
- 2021 adjusted EBITDA $223.5M vs $211.0M prior year; eighth straight year of improvement expected in 2022.