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Record Q3 Earnings for Ecolab

Strong sales growth within Kay, Asia Pacific and Latin American operations.

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By: TOM BRANNA

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Ecolab Inc. reported record third quarter earnings as strong sales growth in its Kay, Asia Pacific and Latin American operations, along with solid U.S. profit improvement, benefited results. Ecolab’s reported net sales rose 1% to $1.6 billion in the third quarter of 2010; measured in fixed currencies, sales rose 3%. Net income attributable to shareholders increased 20% to a record $174 million, with reported diluted earnings per share up 23% to $0.74. Third quarter 2010 and 2009 resu...

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