Koppers Holdings Inc. · NYSE:KOP
Koppers — Q2 2016 Earnings Presentation
14 slides from Koppers's earnings presentation, Aug 4, 2016
Slide 1: Second Quarter 2016 Earnings Call
Second Quarter 2016 Earnings Call August 4, 2016
Slide 2: Forward Looking Statement
Forward Looking Statement Certain statements in this presentation 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, profitability and anticip
Slide 3: Q2 Sales of $385M; Reflect CMC Sales Decline
Q2 Sales of $385M; Reflect CMC Sales Decline ($ in millions) Sales Bridge Q2 2016 $450 $6 $432 $430 ($7) $410 $390 $385 ($46) $370 $350 Q2 2015 PC RUPS CMC Q2 2016 2
Slide 4: Q2 EBITDA of $53M; PC Delivered Strong Profitability
Q2 EBITDA of $53M; PC Delivered Strong Profitability ($ in millions) EBITDA Bridge Q2 2016 $55 $53 $1 $1 $1 $4 $50 $46 $45 $40 $35 $30 $25 Q2 2015 PC RUPS CMC CORP Q2 2016 3
Slide 5: 2016 Debt Repayment: $85M Minimum Target
2016 Debt Repayment: $85M Minimum Target ($ in millions) Estimated Debt Repayment Year 2016 $750 $735 $10 $162 $700 $650 $650 ($22) $600 $28 ($46) $550 ($47) $500 Total debt TKK loan Adjusted Working Capex Cash Cash taxes Total debt 1/1/2016 repayment EBITDA capital and interest 12/31/2016 other 4
Slide 6: 2016 Guidance
— KOPPER “A Yu! ( 2016 Guidance
Slide 7: EBITDA Forecast: PC Net Improvement of $10-13M
2016 EBITDA Forecast: PC Net Improvement of $10-13M ($ in millions) PC EBITDA Bridge 2016 Forecast $80 $11-$14 $71-$74 $70 ($1) $61 $60 $50 2015 ACTUAL Organic Growth/ Cost FX 2016 FORECAST Savings 6
Slide 8: EBITDA Forecast: RUPS Commercial Softening and Lower Treating Volumes Expected
2016 EBITDA Forecast: RUPS Commercial Softening and Lower Treating Volumes Expected ($ in millions) RUPS EBITDA Bridge 2016 Forecast $90 $84 $76-$80 $80 $4 ($5-$9) ($1) $70 ($2) $60 $50 2015 ACTUAL Treating Volumes/ Rail Joints & Cost Savings FX 2016 FORECAST Commercial Utility Poles Pricing 7
Slide 9: EBITDA Forecast: CMC Increase of $9-$12M
2016 EBITDA Forecast: CMC Increase of $9-$12M ($ in millions) CMC EBITDA Bridge 2016 Forecast $14-$17 $30 $6 $18-$21 $20 ($2) $4 ($13) $10 $9 $0 2015 ACTUAL China/Australia Restructuring Sales Volumes Raw Material FX 2016 Savings Savings, Net FORECAST 8
Slide 10: Sales Forecast of ~$1.4B
2016 Sales Forecast of ~$1.4B ($ in millions) Consolidated Sales Bridge 2016 Forecast $1,700 $30-$40 $1,627 $1,600 ($30-$50) $1,500 ~$1.4B $1,400 ($150-$180) $1,300 $1,200 2015 ACTUAL PC RUPS CMC 2016 FORECAST 9
Slide 11: EBITDA Forecast: Consolidated EBITDA of $162-$172M
2016 EBITDA Forecast: Consolidated EBITDA of $162-$172M ($ in millions) Consolidated EBITDA Bridge 2016 Forecast $162-$172 $170 $10-$13 $9-$12 $1 $160 $150 $150 ($4-$8) $140 $130 $120 2015 ACTUAL PC RUPS CMC CORP 2016 FORECAST 10
Slide 12: Q&A Session
) ”n iui! KOPPER | Q&A Session
Slide 13: Koppers Holdings Inc. Contact and Investor Relations
Koppers Holdings Inc. 436 Seventh Avenue Pittsburgh, PA 15219-1800 Koppers, with corporate headquarters in Pittsburgh, Pennsylvania, is an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds. Our products and services are used in a variety of niche appl
Slide 14: NatureWood Paiva Walkway Pressure Treated Barn with MicroPro
NatureWood Paiva Walkway Pressure Treated Barn with MicroPro Arouca Geopark, Portugal Sienna Color Pigment System - Canada Wood Preservative Research Stake Testing ve Fa + Til hs “Creating safe & environmentally on solutions$ Solving Our customers’ “most important cirallenges = * oe Reauiting in sup