Ecolab Targets 12-15% EPS Growth Beyond 2026, Reaffirms 5-7% Organic Sales
ECL sits 16% above its 52-week low of $243.15.
Summary
On its Q2 earnings call, Ecolab laid out a long-term EPS growth target of 12-15% including the CoolIT acquisition, accelerating beyond this year. Management also reaffirmed its 5-7% organic sales growth outlook. This follows the earlier-than-expected close of the $4.75B CoolIT deal and a beat-and-raise quarter reported earlier today. The explicit multi-year EPS acceleration target gives investors a concrete post-acquisition roadmap, adding conviction to the integration thesis.
At the time of this announcement, ECL was trading at $281.54 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $79.2B. The 52-week trading range was $243.15 to $309.27. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.