Ecolab Increases 3rd-Quarter Earnings 7%October 29, 2019
Ecolab Inc. has declared a fiscal third-quarter profit of US$464.2 million, or $1.59 per share, up 7% from $501.4 million, or $1.48 per share, one year earlier.
The company reported third-quarter sales of $3.81 billion, an increase of 2% compared to the same period one year ago. Ecolab’s industrial segment improved sales 5%, while revenues in the company’s institutional business grew 4%.
With annual sales of US$15 billion and more than 49,000 associates, Ecolab Inc. specializes in cleaning, sanitizing, food safety, and infection prevention products and services in more than 170 countries. For more information, visit www.ecolab.com.