Secret Site Map
Saturday, November 22, 2014

Home News Ecolab Reports 2Q Earnings

Ecolab Reports 2Q Earnings

Business

The Minneapolis-based company reported net sales rose 5% to $1.5 billion in the second quarter of 2010.

| July 28, 2010

MINNEAPOLIS, Minn. -  Ecolab reported net sales rose 5% to $1.5 billion in the second quarter of 2010; measured in fixed currencies, sales rose 3%. Net income attributable to shareholders increased 30% to $129 million, with reported diluted earnings per share up 32% to $0.54.

Second quarter 2010 and 2009 results included special gains and charges and discrete tax items. Excluding those items, adjusted second quarter 2010 diluted earnings per share were $0.56, a 12% increase from adjusted second quarter 2009 diluted earnings per share of $0.50. Currency translation had a favorable effect on reported and adjusted diluted earnings per share of $0.01 per share in the second quarter of 2010.

Second quarter 2010 sales for Ecolab's U.S. Cleaning & Sanitizing operations rose 3% to $689 million. Ecolab's U.S. Cleaning & Sanitizing operating income increased 10% to $139 million.

U.S. Other Services sales were flat when compared with last year at $115 million. Operating income grew 2% to $19 million.

Source: Ecolab

Top news

Bed Bugs Can Transmit Parasite that Causes Chagas Disease

A new study from Penn Medicine researchers in the Center for Clinical Epidemiology and Biostatistics demonstrated that bed bugs, like the triatomines, can transmit Trypanosoma cruzi, the parasite that causes Chagas disease.

Allergy Technologies Offers Free Liner Trial Program to PMPs

The program enables pest management professionals (PMPs) to evaluate ActiveGuard Mattress Liners in real world applications.

PCO Caldwell in Country Gospel Music Video

Ronnie Caldwell, president of Innovative Pest Management, Denver, N.C., is one of the stars of the new Bruce Hedrick video 'A Better Man.'

Mosquito-Borne Chikungunya Detected in Mexico

The country has detected its first domestic case of the painful mosquito-borne viral disease chikungunya in the southwest of the country, the state government of Chiapas said on Saturday.

Temp-Air Announces Thermal Remediation Bed Bug National Conference

The company’s 1st Bi-Annual Thermal Remediation Bed Bug National Conference will be held March 8-10, 2015 in Grapevine, Texas.

x