Ecolab 4th-Quarter Profit Jumps 75%February 21, 2017
Ecolab, Inc. has declared a fiscal fourth-quarter profit of US$366.3 million, or $1.24 per share, up 75 percent from $208.9 million, or $0.69 per share, one year earlier.
The company reported fourth-quarter revenues of $3.3 billion, a decrease of 2 percent compared to the same period one year ago. Ecolab’s industrial segment improved sales 2 percent, while revenues in the company’s institutional business grew 5 percent.
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With annual sales of US$13.15 billion and more than 26,000 associates, Ecolab, Inc. specializes in cleaning, sanitizing, food safety, and infection prevention products and services in more than 160 countries. For more information, visit www.ecolab.com.