Koppers Holdings Inc. Publishes Digital 2021 Annual Report
Koppers Holdings Inc. (NYSE: KOP) has released its digital 2021 Annual Report, detailing its financial performance and safety achievements. The company recorded its lowest 12-month rate of serious safety incidents, with 16 of 43 facilities accident-free. Financial highlights include record sales, operating profit, EBITDA, and adjusted earnings per share. Koppers is recognized by Newsweek as one of America's Most Responsible Companies for its commitment to sustainability. The report underscores the company's strategy and future growth plans.
- Achieved record consolidated sales and operating profit in 2021.
- Lowest-ever rate of serious safety incidents with 16 facilities accident-free.
- Recognized as one of America's Most Responsible Companies by Newsweek.
- Strong commitment to sustainability and safety through Zero Harm principles.
- None.
PITTSBURGH, April 25, 2022 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, has published its digital 2021 Annual Report on its website, featuring a video message from CEO Leroy Ball as well as his letter to shareholders highlighting the company's strategy, operations, and financial performance.
In 2021, Koppers balanced portfolio once again delivered value to stakeholders through its 'Expand and Optimize' strategy. The company achieved its lowest-ever 12-month rate of serious safety incidents, with 16 of 43 operating facilities working accident-free for the year. In addition, Koppers set or matched a number of records with its financial performance in 2021, including consolidated sales, operating profit, adjusted earnings before income taxes, depreciation and amortization (EBITDA), and adjusted earnings per share.
With Koppers steadfast commitment to Sustainability practices and Zero Harm principles serving as the foundation for its success, the company was honored to be named for the second year in a row as being among America's Most Responsible Companies by Newsweek magazine. Koppers has a history of strong execution and is well-positioned for growth as it continues to build on customer-focused solutions that advance the organization's purpose of Protecting What Matters and Preserving The Future.
To view the digital version of the annual report, please access the company's website here.
About Koppers
Koppers, with corporate headquarters in Pittsburgh, Pennsylvania, is an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds. Our products and services are used in a variety of niche applications in a diverse range of end markets, including the railroad, specialty chemical, utility, residential lumber, agriculture, aluminum, steel, rubber, and construction industries. We serve our customers through a comprehensive global manufacturing and distribution network, with facilities located in North America, South America, Australasia, and Europe. The stock of Koppers Holdings Inc. is publicly traded on the New York Stock Exchange under the symbol "KOP."
For more information, visit: www.koppers.com. Inquiries from the media should be directed to Ms. Jessica Franklin at FranklinJM@koppers.com or 412-227-2025. Inquiries from the investment community should be directed to Ms. Quynh McGuire at McGuireQT@koppers.com or 412-227-2049.
Safe Harbor Statement
Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and may include, but are not limited to, statements about sales levels, acquisitions, restructuring, declines in the value of Koppers assets and the effect of any resulting impairment charges, profitability and anticipated expenses and cash outflows.
All forward-looking statements involve risks and uncertainties. All statements contained herein that are not clearly historical in nature are forward-looking, and words such as "outlook," "guidance," "forecast," "believe," "anticipate," "expect," "estimate," "may," "will," "should," "continue," "plan," "potential," "intend," "likely," or other similar words or phrases are generally intended to identify forward-looking statements. Any forward-looking statement contained herein, in other press releases, written statements or other documents filed with the Securities and Exchange Commission, or in Koppers communications and discussions with investors and analysts in the normal course of business through meetings, phone calls and conference calls, regarding future dividends, expectations with respect to sales, earnings, cash flows, operating efficiencies, restructurings, the benefits of acquisitions, divestitures, joint ventures or other matters as well as financings and debt reduction, are subject to known and unknown risks, uncertainties and contingencies.
Many of these risks, uncertainties and contingencies are beyond our control, and may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements. Factors that might affect such forward-looking statements include, among other things, the impact of changes in commodity prices, such as oil and copper, on product margins; general economic and business conditions; existing and future adverse effects as a result of the coronavirus (COVID-19) pandemic; disruption in the U.S. and global financial markets; potential difficulties in protecting our intellectual property; the ratings on our debt and our ability to repay or refinance our outstanding indebtedness as it matures; our ability to operate within the limitations of our debt covenants; potential impairment of our goodwill and/or long-lived assets; demand for Koppers goods and services; competitive conditions; interest rate and foreign currency rate fluctuations; availability and costs of key raw materials; unfavorable resolution of claims against us, as well as those discussed more fully elsewhere in this release and in documents filed with the Securities and Exchange Commission by Koppers, particularly our latest annual report on Form 10-K and any subsequent filings by Koppers with the Securities and Exchange Commission. Any forward-looking statements in this release speak only as of the date of this release, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after that date or to reflect the occurrence of unanticipated events.
For Information: | Quynh McGuire, Vice President, Investor Relations |
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SOURCE Koppers
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