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Ecolab Posts Higher Third Quarter Profits

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By: TOM BRANNA

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Ecolab today said pro forma diluted earnings per share from ongoing operations rose 12% +12% over last year to of $0.56, better than the company’s $0.52-$0.55 projection. Diluted net income per share, as reported, +25% to $0.55, after special charges.Third quarter sales increased 8% to $895 million, (including Europe joint venture). Focused, aggressive sales efforts on key domestic and international end-markets and strong cost controls led to the quarter’s growth, according to the co...

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