secwatch.observer — SEC 8-K summary
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Issuer:     Koppers Holdings Inc. (KOP)
CIK:        0001315257
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0001564590-22-027916
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Koppers Q2 2022: record sales $502.5M, net income down to $0.55 EPS; declares dividend, new $800M credit facility
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- Net income $11.7M ($0.55 diluted EPS) vs $26.9M ($1.22) a year ago; adjusted EPS $0.97 vs $1.41.
- Record quarterly sales of $502.5M, up 14% YoY, driven by price increases across all segments.
- Segment: RUPS sales $204.2M (+4.5%), PC $149.6M (+2.7%), CMC $148.7M (+48.8%); PC margin fell on higher raw material costs.
- Dividend declared: $0.05/share, payable Sept 12, 2022 to holders of record Aug 26, 2022.
- New $800M revolving credit facility replaces prior $600M revolver and $100M term loan; reaffirms 2022 outlook: sales ~$2.0B, adj. EBITDA ~$230M, adj. EPS ~$4.10.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1315257/000156459022027916/0001564590-22-027916-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1315257/000156459022027916/kop-8k_20220804.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-027916

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