Ecolab Increases First-Quarter ProfitApril 30, 2019
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Ecolab, Inc. has declared a fiscal first-quarter profit of US$296 million, or $1.01 per share, up 20 percent from $247 million, or $0.84 per share, one year earlier.
The company reported first-quarter sales of $3.5 billion, an increase of 1 percent compared to the same period one year ago. Ecolab’s industrial segment improved sales by 8 percent, while revenues in the company’s energy division grew 14 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.