STOCK TITAN

Ecolab, Inc. - ECL STOCK NEWS

Welcome to our dedicated page for Ecolab news (Ticker: ECL), a resource for investors and traders seeking the latest updates and insights on Ecolab stock.

Ecolab, Inc. (NYSE: ECL) is a global leader in water, hygiene, and energy technologies and services, dedicated to protecting people and vital resources. Operating in over 170 countries, Ecolab offers comprehensive solutions that promote safe food, maintain clean environments, optimize water and energy use, and improve operational efficiencies for customers in diverse industries, including industrial manufacturing, hospitality, healthcare, and life sciences.

Core Business and Offerings:

  • Cleaning and Sanitation: Ecolab produces a wide range of cleaning and sanitation products, including dishwashing and laundry systems, pest control, and infection control products. These solutions are designed to ensure health and safety across various sectors.
  • Water Management: Ecolab provides customized water management solutions aimed at optimizing water use and ensuring sustainability in industrial processes.
  • Energy Services: Ecolab offers services that focus on optimizing energy use, thereby reducing costs and environmental impact for clients.

In 2013, Ecolab reported sales of $13 billion, supported by a robust workforce of 45,000 associates. The company’s stronghold in the US market is complemented by its growing presence internationally.

Recent Achievements and Partnerships:

  • Maxx Synbiotic Cleaning Range: In collaboration with HeiQ Chrisal, Ecolab has introduced the Maxx Synbiotic cleaning range in Europe. This revolutionary product harnesses the power of pre- and probiotics to offer microscopic-level cleaning, efficient odor reduction, and long-lasting efficacy.

For the latest updates and more information, visit www.ecolab.com or follow Ecolab on Twitter and Facebook.

Rhea-AI Summary

Ecolab (NYSE: ECL) will host a live webcast on April 26, 2022, at 1:00 p.m. ET to discuss its first quarter earnings results for 2022. The earnings release will be issued before the market opens on the same day. The webcast will last for one hour, and a replay along with supplemental data will be available on Ecolab’s website.

Ecolab operates in more than 170 countries, delivering solutions for water, hygiene, and infection prevention, with annual sales reaching $13 billion and a workforce of over 47,000 associates.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.53%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.75%
Tags
none
-
Rhea-AI Summary

Ecolab (NYSE:ECL) announced a temporary energy surcharge of 8%-12% on all global products, effective April 1, 2022, due to rising energy costs exacerbated by the Russia-Ukraine conflict. CEO Christophe Beck stated that this measure aims to ensure reliable supply amid challenges from inflation and logistics. Ecolab is actively taking steps to enhance supply chain resilience and operational efficiency. The surcharge will be monitored monthly, with potential reductions as energy costs stabilize. Ecolab remains committed to innovation and sustainability despite these challenges.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
Tags
none
Rhea-AI Summary

Ecolab has announced a plan to repurchase $500 million of its shares in 2022, leveraging favorable market conditions. The move is part of a continuing repurchase authorization by Ecolab’s Board since February 2015. Ecolab emphasizes strong growth potential, a market opportunity exceeding $150 billion, and robust pricing strategies, despite anticipated challenges from rising raw material costs. The CEO suggests the current market conditions present an attractive opportunity for share buybacks, which are expected to enhance shareholder value while maintaining financial flexibility for future investments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.89%
Tags
buyback
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.76%
Tags
none
-
News
Rhea-AI Summary

Ecolab announced that Douglas M. Baker, Jr. will step down as executive chairman after the May 5, 2022 Annual Meeting. Christophe Beck, the current president and CEO, will assume the additional role of chair following Baker’s departure. The board expressed confidence in Beck's leadership, highlighting Baker's successful tenure in establishing Ecolab as a sustainability leader and delivering exceptional shareholder returns. Ecolab reported annual sales of $13 billion and operates in over 170 countries, serving nearly three million customers with a workforce of 47,000 associates.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.24%
Tags
none
News
Rhea-AI Summary
Ecolab Inc. declares a regular quarterly cash dividend of $0.51 per common share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.48%
Tags
dividends
-
Rhea-AI Summary

Ecolab (NYSE: ECL) reported a 10% increase in fourth quarter sales year-over-year, with acquisition-adjusted fixed currency sales up 9%. However, earnings per share (EPS) remained flat at $1.04, while adjusted EPS rose 4% to $1.28. A significant rise in delivered product costs and COVID-related impacts hampered performance. The company expects continued high inflation and supply constraints early in 2022, but anticipates strong sales growth and earnings growth in the low teens for the year, depending on economic conditions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
none
-
Rhea-AI Summary

Ecolab Inc. (NYSE:ECL) announces a global price increase of 12% for its Life Sciences division products and services, effective February 1, 2022. This decision is prompted by ongoing global supply chain disruptions and rising costs related to raw materials, logistics, and labor. Ecolab aims to continue providing innovative solutions to its customers, who are focused on improving contamination control practices. Current customers of Purolite will not be affected by this price increase.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.48%
Tags
none
Rhea-AI Summary

Ecolab anticipates a 10% increase in reported sales and 9% acquisition-adjusted fixed currency sales growth for Q4 2021, primarily driven by strong gains in Institutional & Specialty and Industrial segments. Adjusted diluted EPS is expected to range from $1.26 to $1.28, reflecting temporary COVID impacts and cost increases. Despite these challenges, Ecolab projects strong momentum for 2022, aiming for low-teens EPS growth as market conditions improve.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.48%
Tags
covid-19

FAQ

What is the current stock price of Ecolab (ECL)?

The current stock price of Ecolab (ECL) is $238.29 as of December 20, 2024.

What is the market cap of Ecolab (ECL)?

The market cap of Ecolab (ECL) is approximately 66.6B.

What industries does Ecolab serve?

Ecolab serves various industries including industrial manufacturing, hospitality, healthcare, and life sciences.

What products and services does Ecolab offer?

Ecolab offers cleaning and sanitation products, water management solutions, and energy optimization services.

In how many countries does Ecolab operate?

Ecolab operates in over 170 countries worldwide.

What is the Maxx Synbiotic cleaning range?

The Maxx Synbiotic cleaning range is a revolutionary product developed with HeiQ Chrisal, utilizing pre- and probiotics for effective and long-lasting cleaning.

How can I learn more about Ecolab's recent projects and news?

You can learn more about Ecolab's recent projects and news by visiting their official website at www.ecolab.com or following their social media accounts on Twitter and Facebook.

What was Ecolab's reported sales in 2013?

Ecolab reported sales of $13 billion in 2013.

How many associates does Ecolab employ?

Ecolab employs approximately 45,000 associates.

What is Ecolab's approach to sustainability?

Ecolab focuses on optimizing water and energy use, promoting safe food, and maintaining clean environments to ensure sustainability in their operations and offerings.

Where can I find Ecolab's social media profiles?

You can find Ecolab on Twitter at twitter.com/ecolab and on Facebook at facebook.com/ecolab.

What is Ecolab's stock symbol?

Ecolab's stock symbol is ECL, listed on the New York Stock Exchange (NYSE).

Ecolab, Inc.

NYSE:ECL

ECL Rankings

ECL Stock Data

66.62B
282.63M
0.18%
90.81%
0.67%
Specialty Chemicals
Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics
Link
United States of America
SAINT PAUL