Ecolab forecasts 2026 profit above estimates on strong demand

Reuters
02/10
Ecolab forecasts 2026 profit above estimates on strong demand

Feb 10 (Reuters) - Ecolab ECL.N on Tuesday forecast current-year profit above Wall Street estimates, as it expects growth in its business segments to drive demand for its technologies and services that include cleaning, sanitization and cooling.

The booming growth of data centers has significantly boosted water consumption as power-intensive graphics processing units used for AI and other high-performance computing have greater cooling requirements than conventional servers.

Ecolab provides services and products that help data centers reduce their water usage as well as water and energy costs.

"We expect the distributor inventory impact to largely normalize in the first quarter of 2026, with pressures in basic industries and Paper progressively easing over the next few quarters," said CEO Christophe Beck.

"Combined with strong new business wins and continued momentum across our growth engines, we expect volume growth to get back to 1% as we exit the first quarter," Beck added.

The company expects to benefit from its $1.8 billion acquisition of Ovivo's electronics unit last year, in a move to expand its ultra-pure water technology for semiconductor manufacturing, amid growing demand for advanced microchips and AI.

The water solutions company said it expects reported sales to increase between 7% to 9%, while organic sales are expected to grow 3% to 4% in 2026.

The Saint Paul, Minnesota-based company forecast adjusted profit between $8.43 per share and $8.63 per share for 2026, the midpoint of which is above analysts' average estimate of $8.46.

For the current-quarter, Ecolab forecast adjusted earnings in the range of $1.67 per share to $1.73 per share, compared with analysts' expectations of $1.69 per share.

(Reporting by Dharna Bafna in Bengaluru; Editing by Shailesh Kuber)

((Dharna.Bafna@thomsonreuters.com))

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10