EBITDA margin view is 12.5%-13.5%. Sees 2021 CapEx 4%-4.5% of revenues.

Reports Q4 revenue $243M versus $258.3M in the prior year quarter. For the three months ended December 31, 2020, GCP reported net sales of $242.7M compared to $258.3 million in the prior year quarter. Commenting on GCP's preliminary quarter and full year results, Simon Bates, President and Chief Executive Officer, said, "Our performance for the quarter was in line with our expectations. GCP continued to generate cash with $76.3 million in Adjusted Free Cash Flow* for a full year reflecting our commitment to better allocate capital and manage our overall investments in the best interests of shareholders." Bates continued, "We anticipate the impacts of COVID-19 to continue into 2021, despite the advancements with vaccinations and continued safety measures, especially in commercial construction. However, we have strong brands, a strong sales organization and our senior management is committed to improving our results in 2021. We will focus on building our organizational capabilities which include upgrading our managerial talent, building more robust processes across the organization and better deploying our technology. We expect this work to stabilize revenues and improve profitability which is our strategic focus this year."