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Sales Soar at Ecolab

Nalco acquisition fuels 85% gain in Q1.

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By: TOM BRANNA

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Powered by its acquisition of Nalco, Ecolab reported sales soared 85% to $2.8 billion in Q1. However, net income fell 47% to $49.7 million. “The ‘new’ Ecolab is off to an excellent start. Our team did a great job successfully managing the business and simultaneously made great progress against our integration and synergy objectives, exceeding both. Most impressively, our team also delivered record new business gains,” said Douglas M. Baker, Jr., Ecolab’s chairman...

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