Brief: Koppers Holdings Inc Reports Fourth Quarter And Full-Year 2020 Results Provides 2021 Outlook

Koppers Holdings

24/02/2021 13:28

Feb 24 (Reuters) - Koppers Holdings Inc  KOP.N :
    * . REPORTS FOURTH QUARTER AND FULL-YEAR 2020 RESULTS;
PROVIDES
2021 OUTLOOK
    * Q4 ADJUSTED EARNINGS PER SHARE $0.75
    * Q4 EARNINGS PER SHARE $0.86
    * Q4 SALES $393.1 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$374.3
MILLION
    * Q4 EARNINGS PER SHARE ESTIMATE $0.71 -- REFINITIV IBES
DATA
    * EXPECTS THAT 2021 SALES WILL BE APPROXIMATELY $1.7 BILLION
TO
$1.8 BILLION
    * EXPECTS EBITDA, ON AN ADJUSTED BASIS, WILL BE
APPROXIMATELY $215
MILLION TO $225 MILLION FOR 2021
    * 2021 ADJUSTED EPS IS FORECASTED TO BE IN RANGE OF $4.00 TO
$4.25
    * EXPECTS TO INVEST $105 MILLION TO $115 MILLION IN CAPITAL
EXPENDITURES IN 2021
    * IN 2021, KOPPERS PLANS TO REDUCE DEBT BY APPROXIMATELY $30
MILLION
    * FY2021 EARNINGS PER SHARE VIEW $4.41 -- REFINITIV IBES
DATA

Source text for Eikon:  ID:nPn3tX3nba 
Further company coverage:  KOP.N 

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