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July 23, 2004
By: TOM BRANNA
Editor
Ecolab, St. Paul, MN, reported a 17% rise in its second-quarter earnings. The company predicted continued growth. Second-quarter net income was $78.3 million, up from $67.2 million in the year-ago period. Ecolab’s net sales for the quarter were $1.04 billion, up 10% from $947 million a year ago. The company attributed the gain to improved sales in both domestic and overseas markets.Bolstered by the figured, Ecolab predicted its earnings will continue to rise in the third quarter to $0.34-0...
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