Exhibit 99.1

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Grace News


Media Relations
Rich Badmington
T +1 410.531.4370
rich.badmington@grace.com
Investor Relations
Tania Almond
T +1 410.531.4590
tania.almond@grace.com

Grace Reports First Quarter 2017 Results

Net sales of $398.0 million up 10%
Diluted EPS from continuing operations of $0.63 and Adjusted EPS of $0.68 up 11%
Income from continuing operations attributable to Grace of $42.9 million and Adjusted EBIT of $86.8 million up 5%
Net cash flow provided by operating activities of $35.9 million and Adjusted Free Cash Flow of $50.0 million year-to-date
Declaring quarterly cash dividend of $0.21 per share
COLUMBIA, MD - April 26, 2017 - W. R. Grace & Co. (NYSE: GRA) announced first quarter income from continuing operations attributable to Grace of $42.9 million, or $0.63 per diluted share. Income from continuing operations attributable to Grace for the prior-year quarter was $10.4 million, or $0.15 per diluted share. Adjusted EBIT increased 5% to $86.8 million, and first quarter Adjusted EPS increased 11% to $0.68 per diluted share.
“We started the year as expected with growth in sales, earnings, and EPS while delivering strong cash flow," said Fred Festa, Grace’s Chairman and Chief Executive Officer. "We saw good demand across our businesses led by growth in emerging regions, particularly in Asia. We continue to expect healthy growth in sales, earnings, EPS, and cash flow for the year."
First Quarter Results
First quarter net sales of $398.0 million increased 10% compared with the prior-year quarter.
Net income from continuing operations was $42.9 million for the first quarter compared with $10.4 million for the prior-year quarter. Adjusted EBIT of $86.8 million increased 5% from the prior-year quarter. Adjusted EBIT margin of 21.8% decreased 100 basis points compared with the prior-year quarter.
Diluted EPS from continuing operations was $0.63. Adjusted EPS was $0.68, up 11% compared with the prior-year quarter.
Grace Catalysts Technologies
First quarter sales for Catalysts Technologies, which includes catalysts and additives for refinery, plastics, and other chemical process applications, as well as polypropylene process technology, were $293.8 million, an increase of 13% compared with the prior-year quarter, primarily due to the polyolefin catalysts acquisition completed last year, higher organic sales volumes and higher average pricing, partially offset by unfavorable currency translation.
Gross margin was 39.2% compared with 43.4% in the prior-year quarter, a decrease of 420 basis points. Gross margin decreased primarily due to higher manufacturing and logistics costs and regional and product mix, including the effect of the polyolefin catalysts acquisition.

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The following information was filed by W R Grace Co (GRA) on Wednesday, April 26, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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