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.
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Ecolab to host a live webcast discussing 2024 first quarter results. The webcast will take place on April 30, 2024, at 1:00 p.m. Eastern Time. A news release with the first quarter results will be issued before market open on the same day.
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Ecolab Inc. partners with Low Carbon to reach 80% global renewable electricity sourcing by completing a windfarm project in Finland, powering 100% of its European operations. The project generates 100GWh annually, reducing 20,000 tonnes of CO2e per year and covering electricity needs for offices, manufacturing facilities, and RD&E centers.
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Ecolab Inc.'s CEO, Christophe Beck, will speak at the J.P. Morgan Industrials Conference on March 14, offering a webcast of his presentation. The webcast will be available for replay until April 10, 2024.
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Ecolab Inc. has been recognized as one of the World’s Most Ethical Companies by Ethisphere for 18 consecutive years. The company's commitment to ethical business practices and sustainability is highlighted, with a focus on upholding high legal and ethical standards. Ecolab's Code of Conduct guides its 48,000 associates in maintaining these values, contributing to its success in the global marketplace.
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Ecolab Inc. declares a quarterly cash dividend of $0.57 per common share, continuing its streak of 87 years of paying dividends.
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Ecolab Inc. appoints Judson Althoff, Microsoft's Chief Commercial Officer, to its Board of Directors. Althoff brings global leadership and technology expertise to drive digital innovation and long-term growth for Ecolab.
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Ecolab Inc. (NYSE: ECL) reported strong fourth-quarter results with sales of $3.9 billion, a 7% increase year-over-year. Organic sales grew by 6%, driven by double-digit growth in the Institutional & Specialty segment and Pest Elimination. Operating income rose by 48%, with organic operating income up 21%. Adjusted diluted EPS increased by 22% to $1.55. The company expects adjusted diluted EPS for Q1 2024 to be in the range of $1.27 to $1.37, a 44% to 56% increase year-over-year, and full-year 2024 EPS to be in the range of $6.10 to $6.50, a 17% to 25% increase over the previous year.
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Ecolab Inc. has been recognized for its leadership in corporate transparency and performance on climate change and water security by global environmental non-profit CDP, securing a place on its annual 'A List'. Ecolab achieved an A rating for both climate change and water security, placing it in the top 1% of over 23,000 companies assessed. This marks the fifth consecutive year of being recognized for water security and the third consecutive year for climate. The company's Chairman and CEO, Christophe Beck, emphasized Ecolab's commitment to doing the right things the right way, fulfilling their mission to protect the world's most vital resources. CDP's scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable, and resilient economy, with over 740 financial institutions with over US$136 trillion in assets asking companies to disclose data on environmental impacts, risks, and opportunities through CDP's platform.
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Ford Pro™ and Ecolab are collaborating to electrify Ecolab's North American sales and service fleet by 2030, starting with over 1,000 Ford F-150® Lightning® Pro trucks and Mustang® Mach-E® SUVs in California. The move is part of Ecolab's 2030 Impact Goals and net positive climate impacts. The partnership aims to save approximately $1,400 in annual fuel costs per 2023 Ford F-150 Lightning Pro truck. Ecolab plans to leverage Ford Pro's full suite of vehicles, charging, software, service, and financing solutions to streamline the path to electrification.
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Ecolab (ECL) to Host Live Webcast for Fourth Quarter Earnings Conference Call on February 13, 2024
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FAQ
What is the current stock price of Ecolab (ECL)?
The current stock price of Ecolab (ECL) is $245.24 as of November 15, 2024.
What is the market cap of Ecolab (ECL)?
The market cap of Ecolab (ECL) is approximately 69.6B.
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
69.61B
283.16M
0.18%
91.13%
0.66%
Specialty Chemicals
Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics
United States of America
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