Thursday, September 14, 2023

Koppers Expects To Exceed Prior Full-year Guidance; Affirms Sales Forecast

Koppers Holdings Inc. (KOP) affirmed previous forecast for 2023 sales of approximately $2.1 billion, while increasing both adjusted EBITDA and adjusted earnings per share guidance. Adjusted EBITDA is now anticipated to be in the range of $250 million to $260 million, compared with $250 million previously. Adjusted EPS is now expected to be in the range of $4.30 to $4.60 per share, compared with $4.40 previously.

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