secwatch.observer — SEC 8-K summary
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Issuer:     ECOLAB INC. (ECL)
CIK:        0000031462
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001558370-24-010319
Event type: earnings
Sentiment:  positive
Materiality: 0.82
Item codes: 2.02, 2.05, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ecolab Q2 adj EPS $1.68 (+35% YoY), raises FY2024 outlook to $6.50-$6.70, launches $225M restructuring
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- Reported sales $3.99B (+3% reported, +4% organic); reported diluted EPS $1.71 (+49%), adjusted $1.68 (+35%).
- Organic operating income margin expanded 360 bps to 17.0%; Institutional & Specialty organic sales +7% driven by value pricing.
- Full-year 2024 adjusted diluted EPS guidance raised to $6.50-$6.70 (from $6.40-$6.70), representing 25%-29% YoY growth.
- Launched One Ecolab initiative with pre-tax restructuring costs ~$175M and special charges ~$50M by end of 2027; expects ~$140M annualized savings.
- Q2 cash flow from operations $611M; free cash flow $414M; repurchased ~1.4M shares during quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/31462/000155837024010319/0001558370-24-010319-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/31462/000155837024010319/ecl-20240730x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-010319

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