Exhibit 99.1

 image0a19.jpg
 
Grace News


Media Relations
Rich Badmington
+1 410.531.4370
rich.badmington@grace.com
Investor Relations
Jeremy Rohen
+1 410.531.8234
jeremy.rohen@grace.com
Inv
Tania Almond
+1 410.531.4590
tania.almond@grace.com

Grace Reports First Quarter 2018 Results

Net sales up 8.4%; Higher sales volumes and improved pricing in both segments; seventh consecutive quarter of year-over-year sales growth
Diluted EPS of $0.64, up 1.6%; Adjusted EPS of $0.82, up 20.6%
Completed strategic acquisition of polyolefin catalysts business on April 3
Raising full-year 2018 sales and earnings guidance
COLUMBIA, MD - April 25, 2018 - W. R. Grace & Co. (NYSE: GRA) today announced financial results for the first quarter 2018, summarized in the table below, and raised its full-year 2018 sales and earnings guidance reflecting strong demand for its value-added products and higher earnings expectations.
Summary Financial Results - Total Grace
 
 
 
 
 
(In $ millions, except per share amounts)
1Q18
 
1Q17
 
Change
Net sales
431.5

 
398.0
 
8.4
%
Net sales, constant currency
 
 
 
 
4.2
%
Net income
43.6

 
42.9
 
1.6
%
 
 
 
 
 
 
Adjusted EBIT
95.8
 
86.8
 
10.4
%
Adjusted EBIT margin
22.2
%
 
21.8
%
 
0.4 pts

 
 
 
 
 
 
Diluted EPS
$0.64
 
$0.63
 
1.6
%
Adjusted EPS
$0.82
 
$0.68
 
20.6
%
 
 
 
 
 
 
Net cash provided by operating activities
89.0

 
35.9

 
147.9
%
Adjusted Free Cash Flow
55.1

 
50.0

 
10.2
%
 
 
 
 
 
 
Adjusted EBIT ROIC
24.7
%
 
24.4
%
 
0.3 pts

Dividends per share
$
0.24

 
$
0.21

 
14.3
%
Delivering on Our Strategic Initiatives
“Grace delivered a solid first quarter. We are encouraged by the momentum we are seeing across all of our businesses as we continue to execute our profitable growth strategy," said Fred Festa, Grace’s Chairman and Chief Executive Officer. "Our differentiated solutions are winning with customers and we are making good progress with our operating excellence initiatives. With the polyolefin catalysts acquisition now closed, full integration is underway and we are excited about the long-term opportunity. We remain confident in our business prospects and achieving our increased 2018 outlook."
Grace's strategic framework for profitable growth includes four elements:
Invest to accelerate growth and extend our competitive advantages

1  grace.com
Talent | Technology | Trust™

The following information was filed by W R Grace Co (GRA) on Wednesday, April 25, 2018 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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