Brief: Koppers Holdings Provides July 2020 Business Update, Reaffirms 2020 Outlook

Koppers Holdings

25/08/2020 13:59

Aug 25 (Reuters) - Koppers Holdings Inc  KOP.N :
    * PROVIDES JULY 2020 BUSINESS UPDATE; REAFFIRMS 2020 OUTLOOK
    * JULY SALES FELL 2.6 PERCENT TO $147.4 MILLION
    * SEES FY 2020 SALES ABOUT $1.6 BILLION
    * FY2020 REVENUE VIEW $1.63 BILLION -- REFINITIV IBES DATA
    * EXPECTS ADJUSTED EBITDA WILL BE APPROXIMATELY $190 MILLION
TO
$200 MILLION FOR 2020
    * PLANS TO REDUCE DEBT BY APPROXIMATELY $120 MILLION IN 2020

Source text for Eikon:  ID:nPn3y71Txa 
Further company coverage:  KOP.N 

 ((Reuters.Briefs@thomsonreuters.com;))