Ecolab Increases 1st-Quarter ProfitMay 4, 2017
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Ecolab, Inc. has declared a fiscal first-quarter profit of US$235.9 million, or $0.80 per share, up 2 percent from $23.04 million, or $0.77 per share, one year earlier.
The company reported first-quarter revenues of $3.16 billion, an increase of 1.9 percent compared to the same period one year ago. Ecolab’s industrial segment improved sales 3 percent, while revenues in the company’s institutional business grew 4 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.