01 May 2012 15:27 [Source: ICIS news]
LONDON (ICIS)--Ecolab’s adjusted first-quarter net income rose by 40% year on year to $150.3m (€114.2m) on the back of record sales, the ?xml:namespace>
Net sales for the three months ending 31 March 2012 rose by 85% to $2.81bn, Ecolab said.
CEO Douglas Baker Jr said, “the 'new' Ecolab is off to an excellent start. Our team did a great job successfully managing the business and simultaneously made great progress against our integration and synergy objectives, exceeding both. Most impressively, our team also delivered record new business gains”.
“As a result, our top line momentum remains very strong. Sales grew in every segment and in every region,” he added.
($1 = €0.76)
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