Factors Setting the Tone for Ecolab's (ECL) Q2 Earnings
Effective in the first quarter of 2024, Ecolab has modified its segment reporting, where Global Pest Elimination is now a standalone reportable segment. This is expected to provide improved transparency on this high-growth and high-margin business. The Global Industrial segment, comprising the Water, Food & Beverage, Paper and Downstream units, witnessed a sales uptick in the first quarter of 2024. Per the company's first-quarter earnings call in April, the Global Industrial segment has made good underlying ...