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Water technology firm Ecolab forecasts upbeat 2025 profit on resilient demand
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Water technology firm Ecolab forecasts upbeat 2025 profit on resilient demand
Feb 11, 2025 6:41 AM

Feb 11 (Reuters) - Ecolab ( ECL ) on Tuesday forecast

higher-than-expected adjusted profit for 2025 and beat

fourth-quarter profit estimates, helped by resilient demand for

its services such as water treatment, cleaning and sanitization.

The company's shares rose 4.5% in premarket trading.

Ecolab ( ECL ) posted better-than-expected results despite U.S.

manufacturing activity contracting further in December after

falls in November and October.

"Growth in the United States, our largest and most

profitable region, continues to be very strong, and growth

across the rest of the world is solid as we more than offset

uneven macroeconomic trends," CEO Christophe Beck said.

The company forecast adjusted profit between $7.42 per share

and $7.62 per share in 2025, compared with analysts' average

estimate of $7.40 per share, according to data compiled by LSEG.

Beck said that in 2025, the company hopes to grow its sales

to data center, microelectronic, life science and digital

businesses.

In the October-December quarter, the company's biggest

segment, global industrial, which provides water treatment and

cleaning products and services to large industrial customers,

saw a 10.8% rise in operating income to $374.6 million.

Operating income in its global institutional and specialty

segment, which makes cleaning and sanitizing products for

customers such as quick-serving restaurant chains and food

retailers, grew 18.5% from a year ago to $288.4 million.

The Saint Paul, Minnesota-based company posted an

adjusted profit of $1.81 per share for the quarter ended

December 31, compared with analysts' estimate of $1.79 per

share.

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