GCP Applied Technologies Reports Preliminary Fourth Quarter and Full Year 2020 Results

Fourth Quarter 2020 – Preliminary

  • 4Q 2020 Net sales $243 million, down 6.0%
  • 4Q 2020 Gross margin 39.5%, an increase of 150 basis points
  • 4Q 2020 Loss from continuing operations attributable to GCP shareholders of $0.8 million

Full Year 2020 – Preliminary

  • 2020 Net sales of $903 million, down 10.9%
  • 2020 Gross margin 39.6% an increase of 170 basis points
  • 2020 Income from continuing operations attributable to GCP shareholders of $101 million versus $41 million in 2019 and Diluted EPS from continuing…

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