Diversey Reports First Quarter 2021 Results FIRST QUARTER HIGHLIGHTS Q1 top line grew 2% vs 2019 pre-COVID-19 baseline and -3.6% vs 2020 despite more restrictive COVID-19 lockdowns than expected Net loss of $95.7 million in Q1 driven by significant IPO related costs Adjusted net income of $27.2 million versus $22.5 million in Q1 2020, representing 20.9% growth Adjusted EBITDA of $92.7 million represents a 60 basis point adjusted EBITDA margin improvement versus Q1 2020 and a 630 basis point improvement versus Q1 2019. Unaudited (millions)
(1) See the “Non-GAAP Financial Information and Segment Adjusted EBITDA” section herein for explanations of these financial measures. FORT MILL, S.C., May 14, 2021 (GLOBE NEWSWIRE) — In its first public earnings release since becoming a publicly traded company, Diversey Holdings, Ltd. (“Diversey”) announced that its 2021 first quarter results were in-line with its expectations despite heavy lockdowns in most parts of the world.