Ecolab Increases 2nd-Quarter Earnings 19%August 1, 2018
Ecolab, Inc. has declared a fiscal second-quarter profit of US$351.3 million, or $1.20 per share, up 19 percent from $294.8 million, or $1.00 per share, one year earlier.
The company reported second-quarter sales of $3.68 billion, an increase of 7 percent compared to the same period one year ago. Ecolab’s energy segment improved sales 5 percent, while revenues in the company’s institutional business grew 4 percent.
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.