Ecolab (ECL) Tops Q2 EPS by 1c
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Ecolab Second Quarter Reported Diluted Continuing Operations EPS $1.08; Adjusted Diluted Continuing Operations EPS $1.22, +88%
July 27, 2021 8:30 AM EDTSECOND QUARTER HIGHLIGHTS:
Strong second quarter results leveraged recovering markets with new business wins and new products to deliver double-digit sales and earnings growth. Reported sales from continuing operations +18% versus last year. Acquisition adjusted fixed currency sales +12% as strong growth in the Institutional & Specialty and Other segments along with good Industrial segment growth more than offset the Healthcare & Life Sciences segments modest decline versus a very strong gain last year. Reported operating margins from continuing operations +710 bps. Acquisition adjusted fixed currency... More