![]() ![]() Gross margin increased 150 basis points to 39.5% primarily due to logistics productivity and raw material deflation partially offset by lower sales volumes associated with reduced global construction activity. Net Sales Constant Currency Excluding Market Exits* decreased 5.1%. Price and foreign currency translation were favorable 0.7% and 0.2%, respectively. Net sales decreased 6.0% primarily due to lower global construction activity as a result of the global pandemic. (Loss) income from continuing operations attributable to GCP shareholders as a percentage of net salesĭiluted EPS from continuing operations attributable to GCP shareholders (Loss) income from continuing operations attributable to GCP shareholders Net Sales Constant Currency Excluding Market Exits* GCP continued to generate cash with $76.3 million in Adjusted Free Cash Flow* for a full year reflecting our commitment to better allocate capital and manage our overall investments in the best interests of shareholders." Diluted (loss) earnings per share from continuing operations attributable to GCP shareholders was $(0.01) versus $0.09 in the fourth quarter of 2019, while Adjusted EPS* was $0.22 compared to $0.29 in the prior year quarter.Ĭommenting on GCP's preliminary quarter and full year results, Simon Bates, President and Chief Executive Officer, said, "Our performance for the quarter was in line with our expectations. ![]() Loss from continuing operations attributable to GCP shareholders was $0.8 million compared to income of $6.6 million in the fourth quarter of 2019, while Adjusted EBIT* was $27.2 million compared to $31.3 million in the prior year quarter. ![]() Net Sales Constant Currency Excluding Market Exits* were $242.2 million versus $255.3 million in the prior year quarter. (NYSE: GCP), a leading global provider of construction products technologies, today announced preliminary results for the fourth quarter and full year 2020.įor the three months ended December 31, 2020, GCP reported net sales of $242.7 million compared to $258.3 million in the prior year quarter. Net cash provided by operating activities from continuing operations of $73.3 millionĬAMBRIDGE, Mass., Ma(GLOBE NEWSWIRE) - GCP Applied Technologies Inc. 4Q 2020 Net sales $243 million, down 6.0%ĤQ 2020 Gross margin 39.5%, an increase of 150 basis pointsĤQ 2020 Loss from continuing operations attributable to GCP shareholders of $0.8 millionĢ020 Net sales of $903 million, down 10.9%Ģ020 Gross margin 39.6% an increase of 170 basis pointsĢ020 Income from continuing operations attributable to GCP shareholders of $101 million versus $41 million in 2019 and Diluted EPS from continuing operations attributable to GCP shareholders of $1.37 versus $0.56 ![]()
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