Ecolab (ECL) Reports In-Line Q2 EPS
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Ecolab Second Quarter Reported Diluted EPS $1.08; Adjusted Diluted EPS $1.10; Expect Improved Second Half 2022 Performance
July 26, 2022 8:30 AM EDTST. PAUL, Minn.--(BUSINESS WIRE)-- Ecolab Inc. (NYSE: ECL):
SECOND QUARTER HIGHLIGHTS:
Very strong second quarter sales growth, driven by accelerating total pricing and good volume leverage were more than offset by continued substantial delivered product cost inflation, investments in the business, and unfavorable currency translation. Reported sales $3.6 billion, +13% versus last year. Fixed currency sales +17%. Acquisition adjusted fixed currency sales +13%, led by double-digit growth in Institutional & Specialty, Industrial and Other segment sales. Total pricing... More