Koppers Holdings beats Q2 sales estimates, cuts adjusted EPS outlook

• Performance Chemicals volume — Higher sales volumes in Performance Chemicals, especially in the Americas, drove segment growth.
• Utility pole volumes — Increased domestic utility pole volumes, including from an acquisition, partly offset declines in RUPS sales.
• Higher raw material and freight costs — Increased raw material, freight and legal costs weighed on adjusted EBITDA.

Koppers now sees 2026 adjusted EBITDA of $240 million to $250 million, down from $240 million to $260 million previously.

The company expects 2026 adjusted EPS of $3.80 to $4.20, lowered from $3.80 to $4.60 previously.

Koppers said it expects a challenging margin environment and input cost headwinds to persist through 2026.