Grace (GRA) Offers Additional Prelim. Metrics Ahead of Asset Separations
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Grace Provides Additional Preliminary Comments on 2015 Results
January 20, 2016 6:30 AM ESTCOLUMBIA, Md., Jan. 20, 2016 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE: GRA) announced today that in connection with the debt and equity marketing activities relating to the separation of Graces Construction Products segment and its Darex Packaging Technologies business to form GCP Applied Technologies Inc. (GCP), Grace is providing certain additional preliminary full year results before its full earnings release on Thursday, Feb. 11, 2016.
For 2015, Graces preliminary net sales are expected to be approximately $3.05 billion. Preliminary 2015 net income is expected to be in the range of $148 million to $153 million, or $2.04 to $2.11... More
