Secret Site Map
Sunday, April 19, 2015

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

Family Believed to be Sickened by Pesticide at Virgin Islands Resort

A Delaware family is back home and in the hospital after getting sick while on vacation, due to possible exposure to methyl bromide.

Terminix Acquires Team Too Termite & Pest Control

Team Too, headquartered in Corona, Calif., has five offices throughout California and specializes in commercial and multi-family accounts.

Termidor SC Can Now Be Applied Up to Four Times Per Year

BASF announced the approval of new label use directions by Environmental Protection Agency (EPA) that allow Termidor SC termiticide/insecticide to be used up to four times per year.

Catseye Hosts Ribbon-Cutting Ceremony for New Florida Office

The company's customers and other guests celebrated the one-year anniversary of Catseye's Bonita Springs, Fla., office.

Tick-Borne 'Bourbon Virus' Cause of Kansas Man's Death

Researchers have identified the cause of a Kansas farmer's mysterious death last summer.

x