Ecolab Reports 4th-Quarter Profit IncreaseFebruary 20, 2018
Ecolab, Inc. has declared a fiscal fourth-quarter profit of US$406.7 million, or $1.39 per share, up 11 percent from $368.2 million, or $1.25 per share, one year earlier.
The company reported fourth-quarter net sales of $3.56 billion, an increase of 7.2 percent compared to the same period one year ago. Ecolab’s industrial segment improved sales 5 percent, while revenues in the company’s institutional business grew 3 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.