Company Profile For Ecolab Inc.

Ecolab Inc. (ECL.N) (New York Stock Exchange)

sector: Non-Cyclical Consumer Goods & Services · industry: Household Products ·

As of 24 Nov 2009

44.99USD

Price Change

-0.65

Percent Change

-1.42%

Analyst Recommendations

Overview

Ecolab Inc. (Ecolab) develops and markets products and services for the hospitality, foodservice, health care and industrial markets. The Company provides cleaning and sanitizing products and programs, as well as pest elimination, maintenance and repair services primarily to hotels and restaurants, healthcare and educational facilities, quick service (fast-food and convenience store) units, grocery stores, commercial and institutional laundries, light industry, dairy plants and farms, food and beverage processors, and the vehicle wash industry. The Company operates in three business segments: United States Cleaning & Sanitizing segment, United States Other Services segment and International segment. In October 2009, the Company acquired ISS pest elimination business in the United Kingdom.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Ecolab Inc.'s revenues decreased 7% to $4.34B. Net income decreased 18% to $301.5M. Revenues reflect decreased sales from Cleaning & Sanitizing segment and lower sales in Other Services segment. Net income also reflects the presence of restructuring charges, absence of gain on sale of plant, the presence of restructuring charges as a part of cost of sales and lower operating income.