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October 23, 2003
By: TOM BRANNA
Ecolab’s consolidated sales increased 10% to a record $983 million in the third quarter ended Sept. 30, 2003. Net income rose 21% to a record $87 million. Third quarter net income included an after-tax gain of $6.2 million on the previously announced sale of an equity interest in Comac, an Italian floor machine maker, and special charges.For the nine months, the company’s sales jumped more than 10% to $2.8 billion. Net income rose more than 22% to $368 million.
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