Diversey Holdings Ltd. (DSEY) Misses Q3 EPS by 29c

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Diversey Reports Third Quarter 2021 Results

November 5, 2021 7:00 AM EDT

FORT MILL, S.C., Nov. 05, 2021 (GLOBE NEWSWIRE) -- Diversey Holdings, Ltd. ("Diversey") (NASDAQ: DSEY) announced Q3 results with continued quarter-over-quarter top line growth and margin expansion.

THIRD QUARTER HIGHLIGHTS

Reported Q3 net sales declined 2.4% vs 2020 as continued strength in Food & Beverage and encouraging base Institutional recovery was offset by infection prevention normalization off the increased level in Q3 2020, although infection prevention remains significantly above 2019 levels.Reported Q3 net sales nearly back to pre-COVID level with a decline of 0.4% vs 2019 baseline.Net loss of... More