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Non-Tech : Ecolab, Inc. (ECL)
ECL 257.45+0.4%9:30 AM EST

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From: JakeStraw10/23/2008 9:22:13 AM
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Ecolab Reports Third Quarter EPS Increase to $0.50
biz.yahoo.com
Thursday October 23, 8:44 am ET
T
hird quarter pro forma 2008 EPS +12% to $0.55 excluding discrete tax items and special gains and charges;
Full year forecast range tightened to $1.85-$1.87 from $1.85-$1.88

ST. PAUL, Minn.--(BUSINESS WIRE)--2008 THIRD QUARTER HIGHLIGHTS:

* Record reported diluted net income per share, +9% to $0.50
* Pro forma EPS +12% to $0.55 excluding discrete tax items and special gains and charges
* Record sales, +15% to $1.6 billion; +12% excluding acquisitions and divestitures
* U.S. sales led by double-digit gains in Kay and strong results from Institutional and Food & Beverage
* Double-digit Latin America and Asia Pacific sales gains led International growth
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