Ecolab Inc.
Ecolab Inc. Announces Second Quarter 2024 Earnings and Restructuring Plan
Summary
Ecolab Inc. reported strong Q2 2024 financial results with a 3% increase in reported sales and a 49% increase in diluted EPS. The company also announced a restructuring plan under its One Ecolab initiative, which is expected to incur approximately $225 million in charges by the end of 2027. These charges primarily relate to severance costs. The company further raised its full-year 2024 adjusted diluted EPS outlook to $6.50 - $6.70.
Profitelligence Alerts
Get alerts for ECL
Be first to know when Ecolab Inc. files with the SEC.
Filing Categories
Exhibits (2)
Advertisement
About Ecolab Inc.
Ecolab Inc. is a global leader in water, hygiene, and energy technologies and services. The company provides comprehensive solutions and on-site services to promote safe food, maintain clean environments, optimize water and energy use, and improve operational efficiencies for customers worldwide. Operating across various sectors such as food service, hospitality, healthcare, and industrial markets, Ecolab addresses critical challenges related to public health, resource management, and sustainability. Founded in 1923 and headquartered in St. Paul, Minnesota, Ecolab has grown to serve over three million customer locations in more than 170 countries. By focusing on innovative technologies and personalized services, Ecolab plays a crucial role in enhancing the operational performance and environmental compliance of its clients, ultimately driving industry standards in safety and sustainability.
Official SEC Documents
Advertisement