Diversey Announces First Quarter 2022 Results; Reaffirms Full Year Revenue And Adjusted EBITDA Guidance
Diversey Holdings, Ltd. - Ordinary Shares (DSEY)
Company Research
Source: GlobeNewswire
Reported sales +4.5% compared to prior year; Acquisition adjusted constant currency +7.0% Food and Beverage reported sales +14.8% compared to prior yearInstitutional reported sales +0.9% compared to prior yearInstitutional base sales excluding infection prevention +26% compared to prior year Net Loss attributable to common stockholders of $39.7 million for the first quarter Adjusted EBITDA was $60.3 million, representing margins of 9.1% Reaffirms 2022 Adjusted EBITDA outlook to range from $380 to $420 million with full year revenue growth of high single digits FORT MILL, S.C., May 10, 2022 (GLOBE NEWSWIRE) -- Diversey Holdings, Ltd. ("Diversey") (NASDAQ: DSEY) announces first quarter results. “We delivered a solid quarter with strong and broad-based top line growth, driven by accelerating pricing and new business wins along with high customer retention,” said Phil Wieland, Diversey’s Chief Executive Officer. “Our Institutional and Food and Beverage revenues were 6.8% higher th
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