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Ecolab Posts Big Gains in Q4

But sales and earnings are down for full year.

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By: TOM BRANNA

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Ecolab, St. Paul, MN, reported fourth quarter sales jumped 5% to a record $16. billion and net income surged 45% to $115 million. However, for the full year, sales declined 4% to $5.9 blllion and net income dropped 7% to $417 million. Fourth quarter sales for Ecolab’s U.S. Cleaning & Sanitizing operations rose 4% to $676 million, led by double-digit gains from Kay and Healthcare. Ecolab’s U.S. Cleaning & Sanitizing operating income rose 29% to $125 million. Excluding the...

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