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Ecolab’s 2Q Sales Rise 12%

Acquisitions drive US cleaning and sanitizing operations.

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By: TOM BRANNA

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Ecolab Inc. reported a strong second quarter performance led by solid sales gains in its U.S. cleaning and sanitizing, Asia Pacific and Latin America operations and a strong performance from acquisitions. Ecolab’s reported sales rose 12% to $1.7 billion in the second quarter of 2011; when measured in fixed currencies, sales rose 8%. Adjusted for currency and acquisitions, sales rose 5%. Reported net income attributable to shareholders declined 3% to $126 million. Second quarter 2011 ...

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