Ecolab reports Q4 adjusted EPS $1.55, consensus $1.54

Reports Q4 revenue $3.94B, consensus $3.93B. Christophe Beck, Ecolab’s chairman and chief executive officer, said, “2023 was a phenomenal year for Ecolab, with our team delivering robust sales growth, significant operating margin expansion and very strong growth in adjusted diluted earnings per share. Our team won a significant amount of new business that helped to offset continued soft macro demand, launched a strong pipeline of new breakthrough technologies, drove pricing backed by strong customer value, and further improved our underlying productivity by leveraging our leading digital capabilities. All of this is the result of the work we have done over the last few years to further strengthen Ecolab’s key long-term growth drivers.”