Ecolab Q2 adjusted EPS $1.10, -10% YoY; sales +13% to $3.58B; currency headwinds $0.30/share for FY

ECOLAB INC.

2022-Q2 EPS reported $1.67 revenue$6,847,300,000

Reported EPS $1.08 flat, adjusted EPS $1.10 down 10% YoY; includes $0.06 currency headwind and $0.06 Purolite amort.
Sales $3.58B +13% reported, +17% fixed currency; acquisition adj fixed currency +13%; pricing accelerated to +9%.
Segment: Inst & Specialty sales +18%, Industrial +13%, Healthcare & Life Sciences flat acq adj, Other +14%.
Full-year currency headwind now estimated at $0.30/share; expect narrowing EPS decline in Q3 and growth in Q4.
Reacquired 0.7 million shares in Q2.

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