Koppers reported a decrease in sales for the first quarter of 2025 compared to the prior year, with net sales of $456.5 million. Despite the sales decline, the company saw an increase in adjusted EBITDA and adjusted EPS, indicating improved profitability driven by cost reduction measures.
Net sales decreased by 8.3% to $456.5 million compared to $497.6 million in the prior year quarter.
Net loss attributable to Koppers was $(13.9) million, a significant decrease from $13.0 million in the prior year quarter.
Adjusted EBITDA increased by 7.8% to $55.5 million, up from $51.5 million in the prior year quarter.
Adjusted EPS rose by 14.5% to $0.71, compared to $0.62 in the prior year quarter.
Koppers is maintaining its 2025 financial goals for adjusted EBITDA of approximately $280 million, adjusted EPS of $4.75 per share, and operating cash flow of $150 million, despite economic uncertainty and softer demand.
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