Diversey Holdings Ltd. (DSEY) Reports In-Line Q2 EPS
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Diversey Announces Second Quarter 2022 Results
August 4, 2022 7:00 AM EDTReported sales +10.0% compared to prior year; +20.6% in constant currency Institutional +7% reported sales and +17% in constant currencyFood and Beverage +18% reported sales and +29% in constant currency Net Loss attributable to common stockholders of $34.2 million for the second quarter Adjusted EBITDA was $88.4 million, representing 12.4% of salesAdjusted EBITDA margin improved by 330 basis points sequentially from the first quarter Reaffirms 2022 full year revenue growth of high single digits; Lowers Adjusted EBITDA outlook to a range of $350 to $390 million to reflect current exchange rate environment
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