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People & Business :: Companies
Ecolab Adjusted Income Rises 13%
10:58 AM MDT | October 25, 2011 | Vincent Valk
Ecolab’s adjusted net income for the third-quarter rose 13% year-on-year, to $177 million, or 75 cts/share, the company says. Including special charges and tax items, net income fell 11%, to $154 million, or 65 cts/share. Adjusted income met analysts’ estimates, which were also 75 cts/share, according to Thomson One (New York). Net sales for the third-quarter rose 11% year-on-year, to $1.736 billion. Sales were up 6%, to $763 million, in the company’s U.S. cleaning and sanitizing business, and also up 6%, to $797 million, for the...
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