**Ecolab Inc. Announces Third Quarter 2024 Earnings Results**

Ecolab Inc. (NYSE: ECL) released its financial report for the third quarter ending September 30, 2024, as per a recent 8-K filing with the Securities and Exchange Commission. The company disclosed positive financial results for the period, indicating notable growth and strong performance across various segments.

In the filing, Ecolab announced a reported sales increase of 1% for the quarter, driven by a 4% organic sales growth. The company reported a strong organic operating income of $720.5 million, marking a significant 22% increase compared to the previous year. Ecolab cited improved volume growth, steady value pricing, and lower delivered product costs as key factors contributing to its robust performance.

Ecolab’s performance in various business segments showcased continued strength. The Global Industrial segment reported operating income of $346.6 million, emphasizing a 16% growth, while the Global Institutional & Specialty segment demonstrated an impressive operating income increase of 28% to reach $325.6 million.

Looking ahead, Ecolab expressed confidence in its outlook, projecting a strong finish for 2024 with encouraging momentum heading into 2025. The company expects adjusted diluted earnings per share to range between $1.75 and $1.85 for the fourth quarter, reflecting a 13% to 19% increase compared to the previous year. Additionally, the adjusted earnings per share outlook for the full year 2024 was raised to $6.60 to $6.70, showing a 27% to 29% rise year-over-year.

Ecolab continues to focus on enhancing its operational efficiency, delivering innovation across its product lines, and capturing new business opportunities to drive sustainable growth. The company’s strategic initiatives aim to improve customer value, optimize productivity, and establish a solid foundation for long-term performance.

The detailed financial statements and additional information mentioned in the 8-K filing can be accessed on Ecolab’s official website at www.ecolab.com for further examination and review by stakeholders and investors.

This news update comes following Ecolab’s dedication to providing transparent and comprehensive financial disclosures, ensuring stakeholders are well-informed about the company’s performance and future projections.

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*The information contained in this news article is derived from the recent 8-K filing by Ecolab Inc. with the Securities and Exchange Commission and does not reflect MarketBeat’s independent analysis or views.*

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Ecolab’s 8K filing here.

About Ecolab

Ecolab Inc provides water, hygiene, and infection prevention solutions and services in the United States and internationally. The company operates through three segments: Global Industrial; Global Institutional & Specialty; and Global Healthcare & Life Sciences. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions to manufacturing, food and beverage processing, transportation, chemical, metals and mining, power generation, pulp and paper, commercial laundry, petroleum, refining, and petrochemical industries.