Ecolab has published its annual report for fiscal year 2017, revealing sales growth of 5 per cent and adjusted (diluted) earnings per share of 7 per cent.
The group's performance was buoyed by the adoption of new digital technologies that facilitate monitoring of individual facilities, and a renewed focus on core activities following the disposal of its equipment care business.
An aggressive acquisition programme resulted in an increase in the company's debt-to-equity ratio, as it acquired 12 new businesses operating within the healthcare, paper, water management and pest control sectors.
The full report is available for download at: http://investor.ecolab.com/~/media/Files/E/Ecolab-IR/Annual%20Reports/annual-report-2017.pdf.
