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Holly LaFon
Holly LaFon
Articles (7532) 

Baron Funds Comments on Kraton Corp

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March 16, 2017 | About:

Shares of specialty chemical company Kraton Corporation (NYSE:KRA) decreased in the fourth quarter as management reduced fiscal year guidance again. We believe the reduction was due to exogenous, temporary factors, leaving our long-term thesis intact. We think the company is on track to execute its plan to grow earnings through cost savings, acquisition synergies, and organic growth, while generating significant free cash to delever the balance sheet, accruing value to equity holders.

From Baron Energy and Resources Fund fourth quarter 2016 commentary.

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