Ecolab raises annual profit forecast thanks to pricing policy and demand

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  "company": {
    "name": "Ecolab",
    "domain": "ecolab.com"
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    "url": "https://www.boursorama.com/bourse/actualites-amp/ecolab-revoit-a-la-hausse-ses-previsions-de-benefice-annuel-grace-a-la-politique-tarifaire-et-a-la-demande-dans-le-secteur-des-hautes-technologies-155f06b6451ef7b9415c010349e09754",
    "title": "Ecolab raises annual profit forecast thanks to pricing policy and demand - Boursorama",
    "excerpt": "((Automated translation by Reuters using machine learning and generative AI, please refer to the following disclaimer: https://bit.ly/rtrsauto)) Water management solutions company Ecolab ECL.N on Tuesday raised its full-year profit forecast after reporting an 11% increase in its adjusted second-quarter earnings, thanks to a firmer pricing policy, productivity gains, and growth in its high-tech and life sciences businesses. Companies providing water treatment, cooling, and cleaning systems are looking to capitalize on the rapid expansion of artificial intelligence-driven data centers, which require sophisticated cooling and water management technologies. * The company raised its adjusted diluted earnings per share forecast for full-year 2026 to a range of $8.05 to $8.25 per share, compared with a previous range of $8.03 to $8.23 per share. * It expects adjusted diluted earnings per share for the third quarter to be between $2.13 and $2.23 per share, compared with $2.07 per share a year earlier. * Ecolab said that customer disruptions due to the Middle East conflict and rising raw material costs had weighed on the quarter. However, prices rose by 4%, thanks to the early implementation of an energy surcharge. * The company expects its overall prices to increase by 5% to 6% in the second half of 2026, when it will fully benefit from this surcharge. * Ecolab said that organic sales...",
    "summary": "Ecolab reported adjusted diluted earnings of $2.09 per share for the quarter ended June 30, an 11% increase from the previous year.",
    "location": "Saint Paul, Minnesota, USA",
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    "article_sentence": "Water management solutions company Ecolab ECL.N on Tuesday raised its full-year profit forecast after reporting an 11% increase in its adjusted second-quarter earnings, thanks to a firmer pricing policy, productivity gains, and growth in its high-tech and life sciences businesses.",
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