Grace News

Media Relations
Rich Badmington
+1 410.531.4370
Investor Relations
Jeremy Rohen
+1 410.531.8234

Grace Reports Fourth Quarter and Full-Year 2019 Results;
Announces Full-Year 2020 Outlook

Full-Year 2019 Highlights
2019 sales increased 1.3% to $1.96 billion, up 3.0% on constant currency; the previously disclosed discrete items reduced sales by $36 million (-1.8%)
2019 Diluted EPS of $1.89, down $0.60 primarily due to charges related to annual pension mark-to-market adjustments and legacy liabilities
2019 Adjusted EPS increased 5.8% to $4.38
Strong cash flow funded $102 million of dividends and share repurchases
Full-Year 2020 Outlook
Sales growth of 0% to 3% reflecting a weak global manufacturing environment and the potential effects of the coronavirus
Adjusted EBIT of $500 to $520 million, up 6% to 10% and in line with our 2020 Adjusted EBIT preview provided with 3Q19 results in October, updated to reflect potential effects of the coronavirus
Adjusted EPS of $4.73 to $4.91 per share, up 8% to 12%
Annual cash dividend of $1.20 per share, up 11%
(See Analysis of Operations and Notes for information on Non-GAAP financial measures; all results based on year-over-year comparison unless otherwise noted. We are unable to estimate the annual mark-to-market pension adjustment or future net income or diluted EPS.)

COLUMBIA, Md., - February 4, 2020 - W. R. Grace & Co. (NYSE: GRA) today announced financial results for the fourth quarter and full-year 2019, and announced its full-year 2020 financial outlook.
“Our team delivered solid results in a challenging year. We grew sales, adjusted earnings and cash flow, returned $102 million to shareholders and reduced our net leverage to below 3.0x following our most recent acquisitions,” said Hudson La Force, Grace’s President and Chief Executive Officer. “For 2020, we expect slow sales growth given the uncertain global manufacturing environment but stronger earnings and cash flow growth. These headwinds are temporary and do not change our strategic direction or my conviction about the earnings power of our businesses.”

Talent | Technology | Trust™

The following information was filed by W R Grace Co (GRA) on Tuesday, February 4, 2020 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-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate W R Grace Co's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by W R Grace Co.


Never Miss A New SEC Filing Again

Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.


We Highlighted This SEC Filing For You

SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.


Widen Your SEC Filing Reading Experience

Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view


Uncover Actionable Information Inside SEC Filings

SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q


Adobe PDF, Microsoft Word and Excel Downloads

Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis


FREE Financial Statements

Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator

Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019) Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not


Financial Stability Report

Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019) Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity


Get a Better Picture of a Company's Performance

Financial Ratios
Available Financial Ratios Member Feature

See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years


Log in with your credentials


Forgot your details?

Create Account