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February 6, 2004
By: TOM BRANNA
Editor
Ecolab Inc., St. Paul, MN, reported record sales for the fourth quarter ended Dec. 31, 2003 rose 8% to $956 million. Executives said strong profit growth from European operations and improved U.S. cleaning and sanitizing profitability, along with favorable currency trends and a lower effective tax rate, spurred results as diluted net income per share rose 37% to $0.26 per share in the fourth quarter.Net income jumped 32% to a record $67 million. Fourth quarter 2002 net income included special ch...
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