Ferro Reports Strong Fourth Quarter Performance, Announces Completion of Tile Coatings Systems Divestiture, and Provides Full Year 2021 Guidance

Rhea-AI Summary

Ferro Corporation is a prominent global supplier of technology-based functional coatings and color solutions. Catering to diverse sectors, including building and construction, automotive, and electronics, Ferro reported 2020 sales of $959 million with a workforce of approximately 5,600 employees worldwide. The company will host an investor teleconference on March 2, 2021, at 8:00 a.m. EST, providing insights into its operational performance and future outlook. Interested parties can join via webcast or telephone.

Positive

• Reported 2020 sales of $959 million.
• Global workforce of approximately 5,600 employees.

Negative

• None.

Ferro Corporation (www.ferro.com) is a leading global supplier of technology-based functional coatings and color solutions. Ferro supplies functional coatings for glass, metal, ceramic and other substrates and color solutions in the form of specialty pigments and colorants for a broad range of industries and applications. Ferro products are sold into the building and construction, automotive, electronics, industrial products, household furnishings and appliance markets. The Company’s reportable segments include: Functional Coatings and Color Solutions. Headquartered in Mayfield Heights, Ohio, the Company has approximately 5,600 associates globally and reported 2020 sales of $959 million. Included within our employee count are approximately 2,100 employees in our foreign consolidated subsidiaries associated with the Tile Coatings Systems business.

Conference Call

Ferro will conduct an investor teleconference at 8:00 a.m. EST Tuesday, March 2, 2021. Investors can access this conference via any of the following:

• Webcast can be accessed by clicking on the Investors link at the top of Ferro’s website at ferro.com.
• Live telephone: Call 877-210-0456 within the U.S. or +1 212-231-2924 outside the U.S. Please join the call at least 10 minutes before the start time.
• Webcast replay: Available on Ferro’s Investor website at ferro.com beginning at approximately 4:30 p.m. Eastern Time on March 2, 2021.
• Telephone replay: Call 800-633-8284 within the U.S. or +1 402-977-9140 outside the U.S. (for both U.S. and outside the U.S. access code is 21991713).
• Presentation material and podcast: Earnings presentation material and podcasts can be accessed through the Investors portion of the Company’s website at ferro.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210225006086/en/

FAQ

What are Ferro Corporation's sales figures for 2020?

Ferro Corporation reported sales of $959 million for the year 2020.

When is Ferro Corporation's next investor teleconference?

Ferro Corporation's next investor teleconference is scheduled for March 2, 2021, at 8:00 a.m. EST.

What industries does Ferro Corporation serve?

Ferro Corporation supplies products to the building and construction, automotive, electronics, industrial products, and household furnishings sectors.

How many employees does Ferro Corporation have?

Ferro Corporation has approximately 5,600 employees globally.

How can I access the Ferro Corporation investor teleconference?

The investor teleconference can be accessed via webcast on Ferro's website or by telephone.