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Ecolab Inc




Ecolab Inc is a publicly traded company having a good stock performance result. Ecolab Inc is a fortune 500 stock listed company trading under ECL.
 
St. Paul native Merritt J. Osborn established Ecolab in 1923 as Economics Laboratory. Its name was changed to Ecolab in 1986. Ecolab is intensely dedicated to frequently improving its shareholder value. Year after year, they insistently follow their long-term profitability and growth objectives with the intention of providing their shareholders dependable, constant, above-average earnings growth.
 
Ecolab reaches striking profit levels. Their financial aims are as 15percent earnings per share growth, 20percent return on beginning equity and Investment grade balance sheet superior differentiated products, systems and service.
 
Operating income was 542 million dollars in 2005, up 11 percent from 490 million dollars in 2004, leveraging the strong sales gain and effective cost-savings initiatives. Operating income increased to 12.0 percent of net sales, compared to last year’s 1 1.7 percent. Financial Performance Consolidated net sales reached an all-time high of 4.5 billion dollars for 2005, an increase of 8 percent over net sales of 4.2 billion dollars in 2004. Excluding acquisitions and divestitures, consolidated net sales increased 7 percent.  Their operating income for 2005 was 542 million dollars and increased 1 percent over 2004.
 
They attained a record cash flow from operating activities of 590 million dollars in 2005, which helped them to fund investments in business operations, make business acquisitions and reacquire 213 million dollars of their common stock. It also allowed them to make additional voluntary contributions of 38 million dollars to their United States pension plan and contributions of 27 million dollars to various international pension plans.
 
In 2006 they plan to maintain to leverage their Circle the Customer – Circle the Globe strategy through cross-selling and cross-marketing of their many divisional products and service solutions, as well as introducing new, innovative products. They anticipate higher raw material and freight costs that will continue to impact their operating income and present a challenge in 2006. They will continue to make appropriate pricing decisions to reflect the value provided by their products and services and protect operating margins. They expect currency translation to have a negative impact in 2006. They expect to use their strong cash flow to make strategic business acquisitions which complement their growth strategy. They will work to further reduce costs by reviewing and streamlining their business operations.

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