Koppers lowered its 2026 adjusted EBITDA outlook to $240 million–$250 million from ongoing cost pressures, particularly higher coal tar, freight and logistics costs in its Carbon Materials and Chemicals segment. The company maintained its sales forecast of $1.9 billion–$2 billion. Second-quarter sales increased 3% to $520 million, but adjusted EBITDA fell 7.9% to $71 million. Koppers generated record first-half operating cash flow of $96 million and free cash flow of $73 million, enabling $22 million of debt reduction and $47 million in shareholder returns. The company is accelerating the Stickney, Illinois, distillation shutdown to September 2026 and expects the transition to provide $15 million–$20 million in annual adjusted EBITDA benefits.
Koppers Holdings IncLowers 2026 adjusted EBITDA outlook due to cost pressures
Commercial Metals Company