Quaker Chemical (KWR) Tops Q4 EPS by 11c, Announces CEO Transition
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Quaker Houghton Announces Financial Results And CEO Transition
February 25, 2021 4:20 PM ESTCONSHOHOCKEN, Pa., Feb. 25, 2021 /PRNewswire/ -- Quaker Chemical Corporation ("the Company", also known as Quaker Houghton; NYSE: KWR) today announced both fourth quarter and 2020 full year financial results.
Quarterly net sales of $385.9 million down 1% compared to the fourth quarter of 2019 but up 5% sequentially due to improved volumes on continued gradual COVID-19 recovery GAAP net income of $48.5 million compared to prior year fourth quarter net income of $15.2 million; non-GAAP net income of $29.3 million up 23% compared to $23.7 million in the prior year fourth quarter Adjusted EBITDA of $65.5... More