Adjusted diluted EPS includes $0.06 per share of unfavorable currency translation and $0.06 per share of Purolite amortization.ĭiluted earnings per share attributable to Ecolab Reported diluted EPS $1.08, flat versus last year.Īdjusted diluted EPS, excluding special gains and charges and discrete tax items were $1.10, -10% versus last year. Total pricing accelerated to +9%, driven by higher structural pricing and the implementation of the energy surcharge, which together exceeded delivered product cost inflation in the last month of the quarter, helping to sequentially stabilize gross margin.
Fixed currency sales +17%.Īcquisition adjusted fixed currency sales +13%, led by double-digit growth in Institutional & Specialty, Industrial and Other segment sales. Reported sales $3.6 billion, +13% versus last year.
Very strong second quarter sales growth, driven by accelerating total pricing and good volume leverage were more than offset by continued substantial delivered product cost inflation, investments in the business, and unfavorable currency translation. PAUL, Minn., July 26, 2022-( BUSINESS WIRE)-Ecolab Inc.
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