secwatch.observer — SEC 8-K summary
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Issuer:     Koppers Holdings Inc. (KOP)
CIK:        0001315257
Form:       8-K
Filed at:   2022-05-06T23:59:59+00:00
Accession:  0001564590-22-018460
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Koppers Q1 sales record $459.3M but net income falls to $18.8M; FY22 adj EPS ~$4.10
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- Record Q1 sales $459.3M (+12.7% YoY); net income $18.8M ($0.87 diluted) vs $25.9M ($1.18) prior year.
- Adjusted EPS $0.91, down from $1.02; adjusted EBITDA $52.6M (11.5%) vs $55.1M (13.5%).
- RUPS sales -4.4%, margin down; CMC sales +51.6% with strong profitability; PC record sales but margin compressed.
- 2022 guidance: sales ~$1.9B, adj EBITDA ~$230M, adj EPS ~$4.10 (down from $4.21 due to higher tax rate ~32%).
- Declared $0.05 quarterly dividend; repurchased 225,683 shares for $6.4M in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1315257/000156459022018460/0001564590-22-018460-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1315257/000156459022018460/kop-8k_20220505.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-018460

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