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Ecolab Inc (ECL.N)

ECL.N on New York Stock Exchange

174.47USD
20 Mar 2019
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Latest Key Developments (Source: Significant Developments)

Ecolab Announces Plan To Spin Off Its Upstream Energy Business
Monday, 4 Feb 2019 

Feb 4 (Reuters) - Ecolab Inc ::ECOLAB ANNOUNCES PLAN TO SPIN OFF ITS UPSTREAM ENERGY BUSINESS AS AN INDEPENDENT PUBLIC COMPANY; EXPECTS FOURTH QUARTER 2018 DILUTED EPS OF $1.48, WITH ADJUSTED DILUTED EPS OF $1.54; FORECASTS 10%-14% FULL YEAR 2019 ADJUSTED EPS GROWTH.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $5.80 TO $6.00.SEES Q4 2018 ADJUSTED EARNINGS PER SHARE $1.54.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $5.25.SEES FY 2018 EARNINGS PER SHARE $5.01.SEES FY 2019 EARNINGS PER SHARE $0.08.SEES Q4 2018 EARNINGS PER SHARE $1.48.ECOLAB CURRENTLY EXPECTS THAT TRANSACTION WILL BE COMPLETED BY MID-YEAR 2020.SEPARATION TRANSACTION IS EXPECTED TO BE A TAX-FREE SPIN-OFF TO U.S. SHAREHOLDERS FOR U.S. FEDERAL INCOME TAX PURPOSES.NEW STAND-ALONE CO EXPECTED TO RAISE NEW DEBT, PROCEEDS OF WHICH ARE EXPECTED TO BE PAID TO ECOLAB IN FORM OF A DIVIDEND.FOR FULL YEAR 2018, UPSTREAM ENERGY UNAUDITED SALES ARE EXPECTED TO BE APPROXIMATELY $2.4 BILLION.ANTICIPATED BENEFITS OF EFFICIENCY INITIATIVE ARE NOW ESTIMATED TO BE $325 MILLION.ADDITIONAL SAVINGS OF EFFICIENCY INITIATIVE ARE EXPECTED TO BUILD THROUGH 2019 WITH GREATER IMPACT IN 2020 AND 2021.ECOLAB PLANS TO RETAIN DOWNSTREAM BUSINESS.NOW EXPECTS TOTAL PRETAX CHARGES RELATED TO EFFICIENCY INITIATIVE TO BE ABOUT $260 MILLION WITH ABOUT $325 MILLION OF PRE-TAX SAVINGS BY 2021.INCLUDED IN 2019 FORECAST IS AN APPROXIMATE $0.08 PER SHARE CURRENCY TRANSLATION HEADWIND.ECOLAB EXPECTS TO MAINTAIN ITS CURRENT DIVIDEND.  Full Article

UK CMA Serves Initial Enforcement Order For Ecolab's Holchem Group Acquisition
Thursday, 27 Dec 2018 

Dec 27 (Reuters) - UK CMA::UK CMA - SERVED INITIAL ENFORCEMENT ORDER IN RELATION TO COMPLETED ACQUISITION BY ECOLAB INC. OF HOLCHEM GROUP LIMITED.  Full Article

Ecolab Increases Cash Dividend 12 pct
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - Ecolab Inc ::ECOLAB INCREASES CASH DIVIDEND 12%.ECOLAB INC - DECLARED A 12% INCREASE IN COMPANY'S QUARTERLY CASH DIVIDEND TO $0.46 PER COMMON SHARE.  Full Article

Bioquell Says Ecolab's Offer Values Co At 140.51 Mln Pounds
Friday, 30 Nov 2018 

Nov 30 (Reuters) - Bioquell Plc ::OFFER BY ECOLAB U.S. 2 INC..OFFER VALUES ENTIRE ISSUED AND TO BE ISSUED ORDINARY SHARE CAPITAL OF BIOQUELL AT APPROXIMATELY 140.51 MILLION POUNDS.CONSIDERATION PAYABLE UNDER OFFER WILL BE FINANCED USING EXISTING CASH RESOURCES OF ECOLAB GROUP.OFFER FOR 590 PENCE PER SHARE IN CASH .BOARDS OF ECOLAB AND BIOQUELL REACHED AGREEMENT ON TERMS OF A RECOMMENDED CASH OFFER .  Full Article

Ecolab Q3 Earnings Per Share $1.48
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Ecolab Inc ::ECOLAB THIRD QUARTER REPORTED DILUTED EPS $1.48; ADJUSTED DILUTED EPS $1.53, +11%; 2018 ADJUSTED DILUTED EPS FORECAST REDUCED TO $5.20 TO $5.30 +11% TO 13%.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $5.20 TO $5.30.SEES Q4 2018 ADJUSTED EARNINGS PER SHARE $1.49 TO $1.59.Q3 ADJUSTED EARNINGS PER SHARE $1.53.Q3 EARNINGS PER SHARE $1.48.Q3 EARNINGS PER SHARE VIEW $1.54 -- THOMSON REUTERS I/B/E/S.QTRLY REPORTED NET SALES BASED ON PUBLIC CURRENCY RATES $3,747.2 MILLION VERSUS $3,563.3 MILLION REPORTED LAST YEAR.Q3 REVENUE VIEW $3.74 BILLION -- THOMSON REUTERS I/B/E/S.RAW MATERIAL INPUT COSTS AND FOREIGN EXCHANGE IMPACTS WILL BE HIGHER THAN PREVIOUSLY FORECAST FOR BALANCE OF 2018.EXPECT SPECIAL CHARGES IN 2018 TO BE $0.35 TO $0.45 PER SHARE.EXPECT FOREIGN CURRENCY TRANSLATION TO HAVE A $0.01 UNFAVORABLE IMPACT ON FY DILUTED EARNINGS PER SHARE.  Full Article

Ecolab Sees Q2 2018 Adjusted Earnings Per Share $1.23 To $1.29
Tuesday, 1 May 2018 

May 1 (Reuters) - Ecolab Inc ::ECOLAB FIRST QUARTER REPORTED DILUTED EPS $0.84 ADJUSTED DILUTED EPS $0.91, +14%; RAISED FULL YEAR 2018 ADJUSTED DILUTED EPS FORECAST TO $5.30 TO $5.50 +13%-18%.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $5.30 TO $5.50.SEES Q2 2018 ADJUSTED EARNINGS PER SHARE $1.23 TO $1.29.REMAIN CONFIDENT IN OUTLOOK FOR A STRONG YEAR IN 2018."BUSINESS MOMENTUM HAS IMPROVED, WHILE HEADWINDS FROM HIGHER DELIVERED PRODUCT COSTS REMAIN SIGNIFICANT AND WILL THROUGHOUT THE YEAR".QTRLY REPORTED NET SALES BASED ON PUBLIC CURRENCY RATES $3,470.9 MILLION VERSUS $3,162.4 MILLION.ADOPTION OF NEW REVENUE RECOGNITION STANDARD EXPECTED TO HAVE $0.01 UNFAVORABLE IMPACT ON FULL YEAR ADJUSTED DILUTED EPS.Q1 EARNINGS PER SHARE VIEW $0.89, REVENUE VIEW $3.38 BILLION -- THOMSON REUTERS I/B/E/S.EXPECT SPECIAL CHARGES IN 2018 TO BE $0.12 TO $0.15 PER SHARE.FY2018 EARNINGS PER SHARE VIEW $5.35 -- THOMSON REUTERS I/B/E/S.ECOLAB - ADJUSTED TAX RATE WAS 22.0% IN Q1 OF 2018 VERSUS 24.9% LAST YEAR, DECREASE IN ADJUSTED TAX RATE WAS PRIMARILY DRIVEN BY CHANGES IN U.S. TAX LAW.  Full Article

Ecolab Comments On Expected Impact Of U.S. Tax Cuts And Jobs Act
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - Ecolab Inc ::ECOLAB COMMENTS ON EXPECTED IMPACT OF U.S. TAX CUTS AND JOBS ACT, ANNOUNCES INTENT TO CONTRIBUTE $25 MILLION TO ECOLAB FOUNDATION, AND FORECASTS DOUBLE-DIGIT 4Q 2017 AND FULL YEAR 2018 ADJUSTED EPS GROWTH.SEES Q1 2018 ADJUSTED EARNINGS PER SHARE $0.84 TO $0.92.SEES FY 2017 ADJUSTED EARNINGS PER SHARE $4.68 TO $4.70.SEES FY 2017 EARNINGS PER SHARE $5.05 TO $5.19.SEES Q4 EARNINGS PER SHARE $1.84 TO $1.98.SEES 2018 ADJUSTED DILUTED EARNINGS PER SHARE TO RISE APPROXIMATELY 12% TO 16% TO $5.25 TO $5.45 RANGE.ECOLAB - EXPECTS TO RECORD NET DISCRETE TAX BENEFIT IN Q4 OF ABOUT $0.45 TO $0.55 PER SHARE.EXPECT SPECIAL CHARGES IN 2018 TO BE $0.12 TO $0.15 PER SHARE.ECOLAB - BEGINNING IN 2018, EXPECT U.S. TAX CUTS AND JOBS ACT TO BENEFIT EARNINGS BY ABOUT $0.10 PER SHARE.FY2018 EARNINGS PER SHARE VIEW $5.30 -- THOMSON REUTERS I/B/E/S.Q1 2018 EARNINGS PER SHARE VIEW $0.95 -- THOMSON REUTERS I/B/E/S.  Full Article

Ecolab Acquires Cascade Water Services
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - Ecolab Inc ::ECOLAB ACQUIRES CASCADE WATER SERVICES.ECOLAB INC - NO FURTHER DETAILS WERE DISCLOSED..ECOLAB - CASCADE WATER SERVICES WILL BECOME PART OF CO'S WATER BUSINESS.  Full Article

Ecolab Increases Cash Dividend 11%
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Ecolab Inc ::ECOLAB INCREASES CASH DIVIDEND 11%.ECOLAB INC SAYS BOARD OF DIRECTORS OF ECOLAB INC. DECLARED AN 11% INCREASE IN COMPANY'S QUARTERLY CASH DIVIDEND TO $0.41 PER COMMON SHARE.  Full Article

Ecolab Purchases Arpal Group
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Ecolab Inc ::ECOLAB PURCHASES ARPAL GROUP.ECOLAB INC - ‍NO FURTHER DETAILS WERE ANNOUNCED​.  Full Article