secwatch.observer — SEC 8-K summary
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Issuer:     Koppers Holdings Inc. (KOP)
CIK:        0001315257
Form:       8-K
Filed at:   2022-02-23T23:59:59+00:00
Accession:  0001564590-22-006038
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Koppers posts record FY2021 sales $1.68B, adjusted EBITDA $223.5M; reinstates dividend
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1315257/000156459022006038/0001564590-22-006038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1315257/000156459022006038/kop-8k_20220223.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-006038

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