Ecolab Increases 3rd-Quarter Profits 11%October 30, 2018
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Ecolab, Inc. has declared a fiscal third-quarter profit of US$435 million, or $1.48 per share, up 11 percent from $393 million, or $1.34 per share, one year earlier.
The company reported third-quarter sales of $3.75 billion, an increase of 5 percent compared to the same period one year ago. Ecolab’s industrial segment improved sales by 8 percent, while revenues in the company’s institutional business grew 6 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.